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:

• Assist on studies, impact analysis, designs, planning and implementation assessments to make new and / or change proposals related to governance framework and control measures to upgrade business and applications infrastructures of WBG’s products, guidelines & procedures for the pursuit of product offering as well as accomplishment of ongoing business competency and internal and regulatory requirements.

• Assist Team Head to regularly review and monitor the approved WBG generic deposit and lending products of Head Office and oversee Overseas Branches product governance, guidelines & procedures in production environment in a sound and effective manner.

• Prepare high quality proposals and requirements with inputs from WBG stakeholders and/or other functional divisions for new / change control measures to the existing or new products, guidelines & procedures and obtain management approval.

• Drive the launch of approved control measures of products, guidelines & procedures by managing multi-work streams to ensure deliverables are in line with proposals in all aspects.

• Coordinate with WBG product teams (i.e. Structured Finance, Transaction Banking) and Overseas Branches on the new product initiatives, NPA product review and report to NPG team timely.

• Proactively advise and bridge all WBG units and other non-WBG units including NPG, RMG, CCG, OPG, ITG, Legal as well as Overseas Branches on control related issues and matters in relation to products.

• Participate in projects in relation to products and ensure WBG’s requirements are being properly addressed.

Requirements:

• Degree holder in Marketing, Finance, Business Administration or related disciplines.
• Minimum 3 years of experience for Assistant Manager and 4-5 years for Manager / Senior Manager in product management or policy & procedure control, preferably in wholesale / corporate banking.
• Knowledge of wholesale and cross-border banking business.
• Knowledge of loan and cross-border products.