VP, Regulatory Compliance

Regulatory Affairs Management

• Assist in handling day-to-day regulatory requests from HKMA, SFC and HKEX, including coordination of ad-hoc enquires, periodic reporting and filings, offsite and onsite inspections.
• Monitor regulatory changes and communicate the regulatory changes to internal stakeholders on a timely manner. Follow up with the stakeholders until closure of actions.
• Identify the regulatory changes in-scope for Legal & Regulatory Change Committee (LRCC). Administrate the monthly LRCC by coordinating input from action owners.
• Liaise with head office in coordination of home regulator’s visit / inspection to APAC.
• Gatekeep the communication with regulators, make sure the message to be delivered in a coordinated manner and management being updated timely.
• Prepare management reports to highlight the key regulatory interactions.
• Maintain regulatory communication records in an organized manner.

Compliance Advisory to Support Functions

• Assist in providing advice to Support Functions (primarily Operations) on regulatory interpretation and compliance issues in relation to regulatory reporting (e.g. OTCD, OTCR, large open position), client assets, investor identification regime, outsourcing, deposit protection scheme, DSOL, record keeping, etc. Coverage will be for APAC with a focus on Hong Kong.
• Establish relationships with key stakeholders in the Support Functions, understanding their supervision and control frameworks in relation to regulatory matters and working with them on enhancements where appropriate.
• Perform annual risk assessment to identify major compliance risks within Support Functions.
• Perform initial assessment on outsouring initiatives and subsequent periodic re-assessment.
• Monitor, distribute and follow up on regulatory changes which impact Support Functions.
• Maintain and update relevant compliance policies.

• Degree qualified with compliance / consulting / audit experience obtained from corporate & investment banks (CIB), or supervisory experience on CIBs from regulatory bodies.
• Good understanding to CIBs' products, set-up, and applicable rules and regulations in Hong Kong and APAC.
• With excellent communication skills, fluent in English and Cantonese.
• A fast-learner, self-starter and good team player.
• Detail-oriented, independent and self-motivated.
• Able to work under pressure.
• With critical thinking and dare to challenge the status quo.
• With HKMA ECF certificate would be an advantage.

Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth. Committed to the positive transformations of the world’s societies and economies, Societe Generale seeks to build together with its clients, a better and sustainable future through responsible and innovative financial solutions. Active in the real economy for over 160 years, with a solid position in Europe and connected to the rest of the world, Societe Generale has over 126,000 employees in 65 countries and supports 25 million individual clients, businesses and institutional investors worldwide (figures as of January 2024). We have a presence in 11 locations across Asia Pacific. With our regional headquarters in Hong Kong – a core hub of the worldwide Societe Generale Group – we employ around 2,200 employees in the region. In addition, Societe Générale's Global Solution Centre (SGGSC) in Bangalore and Chennai supports the Group in Asia Pacific and globally with customized business solutions.

Department Description

What is Compliance?

Acting in Compliance consists of knowing and respecting the rules issued by the regulators. So that all Group staff can act in a compliant manner, the rules have to be expressed in a clear and simple way, and every member of staff must be made aware of these rules and trained in accordingly. The purpose of these rules is to ensure the transparency of the Bank’s relations with its clients and supervisors, as well as its integrity.

Compliance is thus the bedrock of trust between the Bank and its stakeholders. The Compliance division is organized around:

Teams devoted to each business line in charge of ensuring the compliance of business activities to regulations, to the oversight of compliance risks and managing the deal flow.
Central teams in charge of defining compliance norms and standards, performing controls, as well as ensuring key cross-business functions such as digital transformation and training.