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:
• Formulate business strategy and development plans to achieve designated business targets, while meeting legal and compliance requirements.
• Lead insurance sales teams to work with RMs of various business units to develop new business, as well as maintain existing business, in order to achieve designated business targets.
• Ensure departmental operations are in full compliance with the policies, procedures, regulations, and standards of the Company / Bank and regulatory bodies.
• Liaise with product providers regarding compensation terms and business cooperation matters.
• Ensure adequate training is provided to department members and assure them to perform their functions at a professional level, specifically in terms of market practices, product knowledge, and compliance standards.
• Ensure that the MPF principal intermediary has established and maintain proper controls and procedures for securing compliance with the Conduct Requirements for Mandatory Provident Fund Registered Intermediary and to secure observance by the principal intermediary and its subsidiary intermediaries of the controls and procedures established.
Requirements:
• Preferably a Degree holder in Business Administration or related disciplines.
• Minimum 12 years of relevant experience in managerial level in insurance operations and sales management, including 5 years of leadership experience in heading up a team of Business Development Manager.
• Possess qualifications for relevant insurance licenses registration.
• Meet the requirement to register as “Responsible Officer” of the company in the Insurance Authority & MPFA in Hong Kong.
• Strong leadership, interpersonal and communication skills.
• Excellent command of both spoken and written English and Chinese (including Putonghua).
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.
