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 Early Alert Review (“EAR”) mechanism, including but not limited to the screening of EAR triggers (loan excess, overdue, breach of loan covenants, financial deterioration, etc.) and policy maintenance.
Provide recommendation and establish risk strategy of problematic accounts to management.
Prepare various management reports (in particular asset quality) to be submitted to Head Office or HKMA.
Initiate and organize ad-hoc portfolio reviews and reporting on credit portfolio risk aspects, and report to the senior management and Head Office.
Participate in relevant credit risk projects to improve risk monitoring and portfolio management.
Monitor the adverse news and development of corporate clients and prepare the monthly adverse news report.
Liaise with regulators , internal and external auditors for thematic examinations and regular audits.
Provide coaching and guidance to teammates.
Other tasks assigned by management.
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.
