Mandatory Reference Checking Scheme (“MRC”) for Hong Kong

The Mandatory Reference Checking Scheme is a framework to facilitate Authorized Institutions (“AIs”) to bilaterally obtain reference information during their recruitment process for certain positions, such that misconduct information in an individual’s previous employments can be provided to AIs to inform their employment decisions.

For information related to MRC Scheme, “Frequently Asked Questions for In Scope Individuals” is published by HKAB/Industry Guidelines (https://www.hkab.org.hk/en/home) or further information will be available upon request, if it is applicable to the position(s) applied.

Country of Location:

Job Responsibilities:

•    Leading the strategic evaluation and establishment of new overseas banking branches and subsidiaries ,as well as providing centralized oversight and coordination for the ongoing management of our existing international operations. 
•    Conduct Feasibility studies for establishing new overseas banking branches. Develop and manage end-to-end establishment process. Coordinate closely with internal stakeholders. Oversee the logistical and operational setup phases of new entities.
•    Centralized oversight and daily management coordination. 
o    Ensure smooth delivery of business, operational, and regulatory objectives for overall development of overseas branches.  
o    Manage and coordinate major cross-functional initiatives undertaken by BU/SUs in overseas branches.
o    Escalate any major issues pertaining to overseas branches to senior management for attention and remedial actions.
o    Establish close working relationship with all relevant internal and external stakeholders, including CNCB and all BU/SUs in Head Office and overseas branches of CNCBI.
o    Manage the dissemination of CEO Office messages and directions to overseas branches to ensure bank-wide alignment. 
•    Manage team and provide guidance to staff in achieving departmental objectives.
•    Comply with all company policies and regulatory requirements in carrying out the above objectives.

Requirements:

1.    Education Qualification
•    Degree holder in Business, Finance or related discipline 
 

2.    Working Experiences
•    Minimum 12 years’ relevant experience in financial services industry with exposure to overseas markets.
 

3.    Professional Qualification / HKMA Enhanced Competency Framework Qualification / Professional Examination / License 
•    N/A

4.   Business Knowledge
•    Understand the industry, market developments and trends in all of the Bank’s major markets (PRC, HK, Macau, Singapore, and US).
•    Understand the operating model, features, and transactional mechanisms of banking business.
•    Strong understanding on the Bank’s policies, governance frameworks, procedures, practices, standards and applicable local and regional regulations to ensure quality, effective risk management and regulatory compliance.