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Advisory, Financial Services Risk Management - Commercial / Retail / Virtual Sector Focus, Senior Manager / Manager / Senior AssociateEY
Advisory, Financial Services Risk Management - Commercial / Retail / Virtual Sector Focus, Senior Manager / Manager / Senior AssociateEY

Job Highlights

  • University degree in related majors
  • Around 6-8 years of solid experience
  • Good command of both English and Chinese

Job Description

We are the only professional services organization who has a separate service line dedicated exclusively to the financial services marketplace. Join Financial Services (FSO) and you will work with multi-disciplinary teams from around the world to provide a global perspective. Aligned to key industry groups including asset management, banking and capital markets, insurance and private equity, we provide highly integrated advisory, assurance, tax, and transaction services.


The opportunity

Join Financial Services Risk Management team and you will provide a highly integrated broad array of risk management services to capital market participants within global banking, capital markets, asset management and insurance. FSRM products and services include Anti-Money Laundering, Regulatory Compliance, Prudential Supervision, Bank Holding Company reporting, Credit Risk/ Capital Adequacy/ Liquidity Risk, Market Risk, Operational Risk, Enterprise Risk, Structured Finance and Quantitative Advisory Services.


With so many offerings, you have the opportunity to develop your career through a broad scope of engagements, mentoring and formal learning. That’s how we develop outstanding leaders who team to deliver on our promises to all of our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities. Sound interesting? Well this is just the beginning. Because whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. 


Wide breadth of services of FSRM including, but not limited to: 

  • Undertake risk management advice, remediation and transformation
  • Conduct risk management framework design and operational effectiveness
  • Enterprise risk and controls advisory
  • Regulation and compliance advisory
  • Financial crimes, AML and sanctions advisory
  • Professional risk support for advisory, internal and external audit services
  • Future operating models
  • Responding to regulatory criticism and regulatory preparedness
  • Providing guidance on current and emerging control practices
  • Advising clients on risk culture, conduct and accountability regimes and practices
  • Conduct important proactive assessments and assurance around the effectiveness of controls and company processes, while also providing objective advisory support

EY is seeking candidates for our Regulatory Compliance team within FSRM with experience in Commercial and Retail Banking.


Your key responsibilities


Lead EY projects with respect to:

  • Substantive matters of current and emerging HKMA, SFC and global regulatory expectations regarding key commercial and/or retail and/or virtual banking compliance issues such as client onboarding, investor protection, licensing, suitability, sales practices on financial and insurance products, client money and KYC (etc)
  • Structure and function commercial and/or retail banking or virtual banking compliance roles and responsibilities and business models
  • Use of technology and data including FinTech and regtech innovation with respect to commercial and/or retail banking banking or virtual banking
  • Advice and guidance on structuring approaches to emerging regulatory compliance or regulatory exam findings
  • Regulatory issue remediation
  • Regulatory change management including planning and communication with regulators
  • Support ‘mock exam’ reviews, policy development and drafting Assistance with relationship management between regulators and financial institutions
  • Compliance Framework – understanding of core compliance functions: risk assessment, policy management, testing, monitoring and surveillance and reporting etc
  • Support the revision or formulation of new policies and controls aligned with regulatory and compliance guidelines and requirements


To qualify for the role you must have

  • University degree majoring in accounting, information systems, business or legal related subjects
  • Around 6-8 years of solid experience in commercial/retail/virtual banks or regulators or reputable international accounting/consulting firms with in-depth knowledge of regulatory compliance and risk management in commercial/retail/virtual banking industry. Candidates with lesser experience will be considered at Senior Associate Level
  • Robust practical experience in commercial/retail/virtual banks in the areas of internal controls, regulatory compliance, risk governance and operational knowledge
  • Good knowledge in supervision and selling conduct of financial products or insurance products
  • Good influencing skills and stakeholder relationship management skills; Advanced conflict management/ resolution skills with Project coordination experience
  • Strong report-writing skills, with ability to create and organize varying forms of business information while developing it into cohesive, meaningful, professional reports and presentations
  • Familiar with the regulatory environment of Hong Kong with experience in liaising with HKMA and SFC
  • Good knowledge in banking and securities laws, rules and regulations and operations as well as different products and services offered by commercial/retail/virtual banks
  • Good command of both written and spoken English and Chinese. Proficient in Mandarin is preferred
  • Ability to interact with executive levels of client and EY management 
  • Ability to travel

What working at EY offers

  • Support, coaching and feedback from some of the most engaging colleagues around
  • Opportunities to develop new skills and progress your career
  • The freedom and flexibility to handle your role in a way that’s right for you
About EY

As a global leader in assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. And with a commitment to hiring and developing the most passionate people, we’ll make our ambition to be the best employer by 2020 a reality.


If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in building a better working world.
Apply now.


Additional Information

Career Level
Non-Degree Tertiary
Years of Experience
6 years
Employment Type
Full Time

Company Overview

See Job Description

Additional Company Information