Job ref no.: CT3124617-01#0210
Hang Seng Bank

Chief Control Officer

Hang Seng Bank

Life Operations and Supports

Hang Seng Bank was one of Hong Kong's bancassurance pioneers with insurance business footprint started since 1965. Over the years, Hang Seng Bank has been committed to serve its customers by providing full spectrum of insurance products including Life Insurance manufacturing, distribution of General Insurance and Medical products, and MPF business.

Insurance is a fast-growing business and is one of the key drivers of Hang Seng Bank. As a well-established insurance entity, we take care of every need of our customers with an optimized service excellence through the Bank’s retail and commercial network, with a dedicated team of professionals in place.

We are currently seeking high caliber professionals to join our department as Chief Control Officer


Principal Responsibilities

  • Act as trusted advisor for the senior management of the supported remit area on how to properly manage their operational risk and all items related (Risk assessments, Control testing and environment, issues and incidents management)
  • Enforce robust risk governance ensuring stakeholders have visibility of key risks and remediation activity
  • Ensure effective implementation of operational risk management in the first line of defense
  • Ensure compliance of Hang Seng Insurance with Group requirements relating to Business Continuity Plans
  • Oversee all Business Financial Crime Risk programmes including: Global Standards, CDD, AML Sanctions, Tax Evasion
  • Anti Bribery and Corruption; CSEM Customer Management
  • Manage the conduct, risk culture, conflict of interest, market abuse and other regulatory related risks within HSIC
  • Track culture & values KPIs and report to RC and regulators as required
  • Oversee the FATCA and CRS Tax Reporting process for HSIC
  • Conduct reviews of control performance. Facilitate internal control remediation
  • Lead incident escalation process and management, operational loss reporting and tracking
  • Management oversight and direction of the HSIC Chief Control Office, and act as the First Line of Defense on HSIC’s risk and control matters, including business stands, and business control and risk management, with the goal of strengthening the Insurance First Line of Defense.
  • Act as the Risk Advisor and ensure adequate control within the Insurance Business – including but limited to Business Continuity Planning, Vendor Risk Management, Information Security etc
  • Work beyond the boundaries of usual time and effort in meeting these expectations, creatively and innovatively in often addressing uniquely individual challenges in insurance operations working environment;
  • Possess the operational expertise and experience in related to insurance operations

 

Requirements

  • University degree in Business Administration, Finance, Accounting or relevant subjects
  • Minimum of 15 years' experience in risk management or internal audit in the field of insurance 
  • Minimum of 8 years’ managerial or supervisory experience 
  • Be a self-motivated, pro-active self-starter with the ability and attributes to act and perform with minimal direction or instruction; 
  • Be a natural leader and motivator; someone the rest of the team and any subordinates trust and respect
  • Excellent communication, interpersonal and analytical skills 
  • Proficiency in both English and Chinese
  • Great sense of ownership and servicing mindset to ensure efficient and effective customer service processes

The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (2019-nCoV), we’re leveraging our digital capabilities to ensure we can continue to recruit top talent at the HSBC Group. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.

All information provided by applicants will be used only for recruitment purposes and will be used strictly in accordance with the Bank's personal data policies, a copy of which may be obtained by the applicant upon request. Unless otherwise instructed in writing by the applicant concerned, applicants may be considered for other suitable positions within the Bank and its related companies. The personal data of unsuccessful job applicants may be retained for a maximum of two years from the date when the job application is rejected and such data may be retained for a longer period if there is a subsisting reason that obliges the Bank to do so, after which the personal data will be destroyed.

More job information
Job ref no. CT3124617-01#0210
Salary
Job Function
Industry
Employment Term
  • Permanent
  • Full-time
Experience
  • 15 years - 20 years or above
Career Level
  • Senior management level
Education
  • Degree