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:
• Support change management initiatives and track milestones. Document project progress and escalate risks or delays.
• Engage in process optimization, collect, and analyze data for AML/CFT/fraud workflow reviews, monitor false positives, and highlight inefficiencies. Support preparation of dashboards and performance reports.
• Support vendor solution assessments by compiling evaluation criteria and documenting outcomes. Maintain records of reviews of vendor solutions.
• Assist in regulatory support and coordinate with regulators, auditors, and consultants to gather documentation and track outstanding issues.
• Organize logistics for training sessions on analytics tools and new processes. Compile feedback for continuous improvement.
• Draft progress updates, risk summaries, and benefit realization reports for review by the senior management.
• Coordinate assignment of technical staff to FCC function teams.
• Oversee the incident management which involves developing and implementing policies, coordinating response activities, and continuously improving incident management processes.
• Propose, design, develop and implement strategic and analytics solutions in response to emerging risks.
• Assist in budgeting, collate departmental inputs, and support financial tracking with FCC/ CCG. Monitor expenditure against approved budgets and flag variances.
Requirements:
China CITIC Bank International Limited (“CNCBI”), a major offshore platform of commercial banking business of the CITIC Group, is 75%-owned by CITIC International Financial Holdings Limited (“CIFH”), which in turn is a wholly-owned subsidiary of China CITIC Bank Corporation Limited (“CNCB”).
China CITIC Bank International’s footprint includes 21 branches, two business banking centres and one private banking centre in Hong Kong, as well as branches in the US, Singapore and Macau, China, while providing banking services on the Chinese Mainland through our wholly-owned subsidiaries.
Across a century, China CITIC Bank International has grown together with its employees, customers and partners since 1922 and will continue to move towards its vision of “Agile. Professional. Simple.” in adherence to the 4C (Culture, Customer, Collaboration, Cyberspace) core values while driving actively its missions to “create value for customers, seek happiness for employees, make profit for shareholders, perform responsibility for society”.
More information about China CITIC Bank International can be found on its website at www.cncbinternational.com.
