Head of Compliance (AXA Wealth Management)

Location Hong Kong
Experience level Experienced Hire
Job details sector Legal and Compliance
Apply before Date not available
  • Build an effective function model to support business strategy to achieve overall company goals
  • Ensure all product development/pricing/business practices/contracts of comply with the appropriate regulatory environment on both local and regional basis
  • Contributes to Hong Kong businesses’ achievement of full compliance with regulatory/legislative requirements by developing best practice compliance frameworks, policies and procedures
  • Ensures Hong Kong business leaders are fully informed of their legislative/regulatory obligations by developing and implementing comprehensive training and communication programs
  • Ensures Hong Kong business is in compliance with company policies, procedures and legislation by planning and conducting regular review/audit programmes and initiating corrective action where appropriate
  • Implements measures to mitigate compliance risks to support management in designing and implementing controls and procedures to implement regulatory requirements and to mitigate identified compliance risks and ensuring adequate compliance training and communication of regulatory requirements and compliance risks and standards
  • Monitors compliance with applicable laws, regulations and internal standards by implementing a risk-based monitoring program that is reasonably designed to identify materials violations of applicable laws, regulations and internal standards
  • Manage the relationship with the regulators
  • Establish a collaborative partnership with distribution management and leaders to implement compliance programs
  • Implement sales conduct monitoring program for timely identification and rectification of distribution compliance risks
  • Lead sales conduct investigation activities
  • Performs specific statutory responsibilities (i.e. Anti-Money Laundering Officer) and liaises with the regulators, in cooperating with and properly responding to regulatory inquiries and investigations, reporting matters, etc.
  • Acts as the Data Privacy Officer and provides advice and guidance of all topics, issues, and questions around compliance with data privacy laws and regulations. Supports Senior and Business Management and ensures that documented data privacy procedures are in place for the relevant business processes to ensure compliance with the Group Data Privacy Policy, Hong Kong Personal Data Privacy Policy and relevant local legal and regulatory requirements.
  • Acts as the entity’s Foreign Accounting Tax Compliance Act (FATCA) responsible officer to ensure compliance with the act and policies. According to the FATCA regulation, the participating FFI must appoint a responsible officer to oversee the ·      participating FFI's compliance with the requirements of the FFI agreement. The responsible officer (or designee) must establish a compliance program that includes policies, procedures, and processes sufficient for the participating FFI to satisfy the requirements of the FFI agreement.   The responsible officer (or designee) must periodically review the sufficiency of the FFI's compliance program and the FFI's compliance with the requirements of an FFI agreement during the certification period. The results of the periodic review must be considered by the responsible officer in making the periodic certifications
  • Assess CRS obligation in relation to any new entity or product and present CRS in-scope entities and products to senior management on an annual basis.

  • University graduate preferably in Finance, Business, Law, Economics or related disciplines
  • Not less than 5 years of experience in in-house all rounded compliance team in financial industry (preferably in wealth Management or Insurance industry) and in managerial role.
  • Sound knowledge of the regulations, guidelines, ordinance implemented by SFC, IA and HKFI
  • Experience in dealing with regulators is preferable
  • Detailed understanding of life insurance/wealth management as well as the regulatory environment
  • Strong commercial focus and sound business acumen
  • Good analytical, negotiation and communication skills, training skill is a plus
  • Excellent written and spoken English and Chinese is definitely a plus

Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life? Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things.


In a fast-evolving world and with a presence in 64 countries, our 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers.

AXA Hong Kong, a member of the AXA Group, prides itself of serving over 1 million customers in Hong Kong and Macau. Besides being one of the largest health protection providers in Hong Kong, it is also the number 1 General Insurance provider1 and a market leader in motor insurance.

AXA Hong Kong is committed to helping its customers achieve stability and prosperity through providing a comprehensive range of life, health, property and casualty protection, as well as wealth management and retirement solutions.
We believe it is our inherent responsibility to support the communities we operate in, hence creating a sustainable business via constant and considerable contribution in the dimensions of health, environment and the community.

AXA is an equal opportunity employer. We are committed to promote Diversity and Inclusion (D&I) by creating a work environment where all employees are treated with dignity, respect, and where individual differences are valued. We welcome and treasure diverse profiles to join our big family, and to build an inclusive culture together which allows everyone to maximize their personal potential.

1Based on 2013 Office of the Commissioner of Insurance market share statistics

We offer excellent career prospects and attractive remuneration package to the right candidates.