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:
• Drive adoption of appropriate tools and analytics within AML/CFT process
• Define and execute a multi-year FinTech development roadmap tailored to FCC’s priorities
• Assess AML/CFT workflows to reduce false positives, eliminate inefficiencies and improve case handling speed
• Ensure all changes meet compliance expectations, and produce and maintain proper documentation
• Partner with FCC operations and ITG to embed solutions seamlessly, and collaborate with cross functional business management to drive and experiment use of FinTech / RegTech products
• Drive performance monitoring and analytics, and develop dashboards and reporting mechanisms to track process performance and efficiency
• Ensure vendor solutions are evaluated and reviewed and fit the purpose
• Assist in managing relevant examination and/or review being conducted by regulators, external consultants, external or internal auditors and ensure relevant outstanding regulatory issues or findings being closed/handled in timely and properly manner
• Drive the budgeting and financial exercise within FCC
• Perform project co-ordination and execute change management for new processes
• Design and deliver targeted training programs on analytics tools, new processes, and data-driven decision-making
• Provide regular, executive-level updates to leadership on progress, risks and realized benefits
Assign technical members to directly support control function teams, ensuring alignment of expertise with operational needs
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.
