Risk & Compliance Officer Hong Kong

• Implement Risk and Compliance framework for Hong Kong, ensuring alignment to MUFG Pension & Market Services Risk and Compliance framework and standards including Risk and Internal Control methodology and processes alignment.
• Work collaboratively with the wider team to support the business to build and embed an effective risk culture. 
• Support the business to achieve its strategic objectives while ensuring compliance with legal and regulatory requirements, and within the company’s risk appetite.

• Work with Heads of Function and Risk Champions in the business to identify, analyse, mitigate, manage, and monitor risks.
• Support efforts to identify, analyse, and assess proposals for newly identified risks within the business, including new products, variations in products and / or business acquisitions.
• Monitor relevant local regulation developments ensuring emerging issues and risks are identified and communicated to the team.
• Provide risk and compliance support to assigned ‘projects’, including new business and change initiatives. This includes review and provide feedback to BRD and other project documentation as and when required.
• Provide proficient advisory support on compliance related matters covering Pensions/ORSO and wider Banking sector
• Provide specialist risk management advice on risk events related matters and coordinate incident escalation and monitoring of the issues.
• Participate in risk and compliance related training to individuals and groups of staff as and when required, including providing relevant knowledge into the training materials.
• Support Division Risk Committees specific to Hong Kong business for reporting into the Retirement and Superannuation Solutions Risk Committee and Corporate Markets Risk Committee.
• Ensure the frameworks managing compliance obligations and other controls are robust and adheres to regulatory requirements, guides, and standards.
• Undertake risk assurance reviews in line with the Business requirements.
• Support the compliance aspects of the business for MUFG RS HK.
• Other tasks as assigned.

People Leadership
 

• Develop relationships with key internal and external stakeholders to ensure effective and efficient service delivery and fostering a culture of Risk awareness through all interactions, which is consistent with MUFG Pension & Market Services' core values.
• Own your own development; maintain and implement personal development plan in partnership with line manager.
• Maintain a positive and professional work environment.

Governance & Risk
 

• Ensure adherence to MUFG Pension & Market Services' risk framework, policies and legal and regulatory requirements including monitoring and reporting of the Company’s legislative and regulatory obligations.
• Attendance at relevant internal and external forums/ committees.
• Support MUFG Pension & Market Services assurance programs that deliver effective risk management and compliance practices.
• Compile, assess, and report risk information to management and also assisting the Company to ensure that risk levels remain within the agreed risk appetite.

Experience & Personal Attributes
 

• Qualifications in Business, Commerce, Law or a related field are desirable but not essential, combined with ongoing professional development, such as post-graduate or vocational study.
• Minimum 3 years’ relevant experience in Risk and/or Compliance roles.
• In depth knowledge and experience of best practice risk management methodologies and emerging practice in financial services, including in relation to operational resilience. 
• An experienced and skilled communicator at all levels, who inspires confidence, influences and motivates others. 
• A self-starter with sound judgment who is decisive and able to prioritize, with a track record of setting and achieving objectives.
• A progressive mind-set, with extensive knowledge of Pensions/ ORSO legislation and regulations which can support the development of the Risk and Compliance function. Knowledge of Banking, Securities and Futures and Insurance regulations and key developments an advantage.
• Numerate, with a sound understanding of business models and a strong commercial acumen.
• Resilience, adaptability, energy, authenticity, and openness.
• Personal commitment to risk policies and the Group code of conduct, including a demonstrated pragmatic approach to risk management.
• High levels of problem-solving ability, with clear decision-making skills that can analyze complex information, in a way that drives resolution.
• Experience operating in a highly regulated and complex environment. 
• The above list of key accountabilities is not an exhaustive list and may change from time to time based on business needs. In addition, as the role is part of a global team travel and flexibility to work outside standard hours may be required in this role.

Through our two businesses MUFG Retirement Solutions and MUFG Corporate Markets, we partner with a diversified portfolio of global clients to provide robust, efficient and scalable services, purpose-built solutions and modern technology platforms that deliver world class outcomes and experiences. 

A member of MUFG, a global financial group, we help manage regulatory complexity, improve data management and connect people with their assets, through exceptional user experience that leverages the expertise of our people combined with scalable technology, digital connectivity and data insights.