European Investment Bank - AVP, Compliance Testing, APAC

Details of the Division and Team.

The firm has established the Controls Testing & Assurance department ("CT&A") as an independent function, reporting to the Chief Administrative Officer ("CAO"). The Compliance Testing ("CT") team within CT&A is responsible for providing assurance testing on the design and operating effectiveness of the businesses' control environment and adherence to applicable regulations and the Bank's policies. CT develops and executes an annual, risk-based testing plan that covers the risk categories owned by Compliance, across all businesses in the region.

For Hong Kong (HK), the key relevant businesses are:
- Investment Bank (IB) - Fixed Income and Currencies, Origination & Advisory, Research;
- Corporate Bank (CB) - Trade Finance & Lending, Cash Management, Securities Services, Risk Management, Trust & Agency Services;
- International Private Bank (IPB); and
- Asset Management.

The HK CTA team comprises of 7 FTE. The role reports to a senior VP.

What we will offer you:

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That's why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

- Competitive Salary and non-contributory pension
- 20 days annual leave plus generous number of public holidays
- Life Assurance and Private Healthcare for you and your family
- A range of flexible benefits including retail discounts, gym benefits, wellbeing incentives
- The opportunity to support a wide ranging CSR program plus take volunteering leave days

Your key responsibilities:

- Collaboration with various Compliance stakeholders to ensure the implementation of adequate and effective testing program for APAC that meet both BaFin and local regulatory requirements;
- Supporting the execution of the testing program for first line and second line controls, potentially including reviews at the non-hub offices; the opportunity for travel to other jurisdictions may be available
- Ensuring that all issues raised in CT have adequate remediation plans that are tracked and escalated promptly and appropriately;
- Developing relationships with the relevant Business Management offices, Divisional Control teams and Infrastructure functions;
- Sharing best practice and learnings with CTA colleagues locally/regionally/globally;
- Assisting in the development and maintenance of appropriate Management Information to inform Senior Management of pertinent matters, in line with global Bank/Compliance/CTA standards;
- Liaising regularly with relevant businesses, Business Line Compliance and other colleagues to remain abreast of developments as it pertains to CTA; ensuring stakeholders are aware of the likely impact on the controls testing program and implementing changes where necessary; and
- Assisting in any ad-hoc projects and tasks as necessary.

Your skills and experience:

- At least 5 to 7 years' experience in Compliance / Controls Testing & Assurance/ Audit/Risk and Control in a complex financial services environment, preferably with the same mix as ;
- Technical/product knowledge in relation to the key relevant businesses and activities of the bank in APAC;
- Educated to degree level with a demonstrable professional qualification;
- Good understanding of Compliance Risks and the ways in which the risks will crystallize in practice, so as to be able to test adequacy and effectiveness of the Compliance Risk Management framework implemented to address those risks;

- The drive, discipline and enthusiasm to work independently under pressure;
- Strong attention to detail and ability to identify changes and impact of any changes to documents, systems and processes as against compliance risks, remediation required, etc.;
- Good drafting skills, including the ability to record and describe complex issues clearly and succinctly, in a way that are easily understandable by any recipient of the relevant reports.
- Able to quickly understand complex issues and set a course of action (that others are prepared to follow) to meet specific goals;
- Strong investigative and analytical skills - enquiry, analysis, interviewing, testing;
- Strong verbal, written and presentation skills;
- Proactive - will seek to find the right solution and options to issues within and outside their specific remit, without being prompted and within an appropriate matrix management framework;
- Assertive and engaging and able to quickly build and maintain effective working relationships;
- Strong collaborative team player receptive to exchange of ideas and constructive criticism;
- Multi-cultural awareness and sensitivity
- Ability to work with different review leads and managers within CT&A
- Fluent in English, knowledge of another Asian language (e.g. Mandarin/Cantonese, Korean) a plus, and
- Proficient in the use of Microsoft Outlook, Excel (i.e. organizing data sets), Word, and PowerPoint

How we'll support you:

- Flexible working to assist you balance your personal priorities
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs
- Training and development to help you excel in your career