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 team lead to supervise the document vetting work of the bilateral facility, structured finance and the syndicated loan transactions, ensuring the team completed the job within service pledge, all terms and conditions as well as security arrangements are properly structured according to the credit approval and the bank’s policy requirements

• Assist team lead to establish and ensure adherence to departmental guidelines and compliance of the Bank’s policy

• Assist team lead to provide key operational risk capabilities in terms of identification of control and process gaps and mitigation, incidents management and resolution, define Key Performance Indicators to track performance and monitor Key Risks Indicators

• Report all process deviations to supervisor with recommendations to the process gaps, incidents and enhancements with a strong emphasis on controls, efficiency, capacity planning, best practice, process alignment and regulatory targets

• Manage / participate in projects on development of new products, automation / enhancement of related systems and enhance customer experience

• Prepare and maintain regular operations and MIS reports

• Provide coaching and training to junior staff

• Handle ad-hoc matters and tasks assigned by supervisor from time to time

Requirements:

• Degree holder in Business Administration or related disciplines is preferred
• Minimum 5 years’ experience in corporate loan documentation vetting is preferred
• Good knowledge on Companies Ordinance and legal requirements on perfection of loan documents
• Good knowledge on bilateral, structured finance products and syndication documentation
• Proficient in MS Office
• Prudent and attentive to details
• Good command of written and spoken English and Chinese