Vice President, Cash Management Product

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:

China Hong Kong

Job Responsibilities:

• Manage the delivery for the assigned product development, enhancements & project implementation end-to-end; to ensure products are launched per business, risk & regulatory requirements, within expected timeline, budget & quality.
• Gather business & customer requirements/needs, analyze market trend & competitiveness of product offering, monitor performance of products assigned to ensure meeting business target
• Collaborate with Operations and Technology teams to review the functional design & make recommendations, conduct impact analysis on operation flow & risk control measures, to ensure the delivery of the assigned products or services aligned with expected business requirements & best customer experiences.
• Liaise with all relevant risk departments, for example, Legal, Compliance, Audit, Internal Control, Corporate Communication & Marketing to ensure the assigned products & services are ready for commercialization & complied with regulatory requirements, bank policies & procedures.
• Work closely with overseas branches, to ensure product solutions are consistent with Head Office.
• Participate in product support to customers, including but not limited to “fixes” testing & releases verification for customer reported problems to ensure products or service are always in highest quality to customers.
• Comply with anti-money laundering / counter terrorist financing requirement and sanction risks controls in accordance with regulatory standards and CNCBI policies.

Requirements:

1. Education Qualification
• University graduate

2. Working Experiences
• Minimum 4-5 years of experience for AVP and 6-8 years for VP in cash management product and/or transaction banking business relevant experiences.

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

4. Business Knowledge
• Possess good knowledge of cash management product business, and/or Corporate/Wholesale banking business.
• Proven experiences in cash management product and project management.
• Domain knowledge of local & cross border product offerings in transaction banking.
• Understand the Bank’s policies, governance frameworks, procedures, practices, standards and relevant guidelines to ensure quality, effective risk management and regulatory compliance.