Senior Manager

The Company

China Construction Bank Corporation (CCB) is one of the largest banking corporations in China and is one of the largest bank in the world by asset size. With dominant presence already established in China, CCB is proactively expanding onto overseas markets and currently has over 30 offices operating outside China. CCB Sydney branch was firstly established as a representative office in November 2007 prior to be authorized by APRA in October 2010 to carry out wholesale banking businesses in Australia. Currently CCB operates its businesses in Australia primarily through Sydney branch, which also supports marketing activities at other sub-branches in Melbourne, Brisbane and Perth.

Operating in a sophisticated financial market like Australia, CCB is strive to not only meeting Head Office expectation but also to establish higher standards as soon as it suits. It is on this basis that Internal Control & Compliance Department has significantly contributed to a number of Compliance Projects/ Initiatives and has become highly regarded within CCB Group.

Position Summary

As the Senior Manager, Regulatory Compliance at China Construction Bank Corporation, Sydney Branch ("CCBS"), the role holder will be responsible for defining and delivering a comprehensive, fit-for-purpose regulatory compliance strategy. This strategy will cover a wide range of compliance areas relevant to wholesale banking, including licensing and authorisation requirements, prudential standards, reporting and disclosure obligations, privacy and data protection, governance and accountability frameworks, as well as regulatory breach and event management.

The Senior Manager of Regulatory Compliance will combine expert knowledge of regulatory requirements with the ability to lead and influence across both strategic and operational levels. As a key figure within the compliance team, the role holder will be responsible for ensuring the organization's adherence to evolving regulatory frameworks and obligations, while proactively managing risk within a complex, fast-moving business environment. The Senior Manager will play an instrumental role in elevating the compliance function, fostering a culture of integrity, transparency, and continuous improvement.

This role requires a leader who is hands-on in developing, implementing, and monitoring compliance policies, processes, and training programs, while also serving as a trusted advisor to senior leadership. The Senior Manager will work closely with cross-functional teams to ensure alignment with both local and global regulatory expectations, driving the integration of compliance best practices and ensuring ongoing regulatory readiness. Through proactive leadership and operational excellence, they will help safeguard CCBS's reputation and operational resilience in a rapidly changing regulatory landscape.

Key Responsibilities

Compliance Framework and Governance

• Set the Strategic Direction for Compliance: Collaborate with the Head of Internal Control & Compliance to design, articulate, and implement a forward-looking compliance strategy that is proportionate to CCBS's banking operations and aligned to strategic objectives.

• Proactively Anticipate Risks & Regulatory Developments: Provide critical insights on emerging regulatory trends, prudential standards, and market conduct risks, ensuring the compliance framework evolves in response to both domestic regulatory changes (e.g., APRA, ASIC, RBA) and global developments impacting wholesale banking.

• Use Risk & Data-Driven Insights: Leverage compliance risk assessments, thematic reviews, risk indicators, and external intelligence to identify key areas of vulnerability and set compliance monitoring and advisory priorities. Use this evidence base to advocate for resources, system enhancements, and process improvements that strengthen compliance resilience.

• Foster a Culture of Compliance: Engage with senior leadership to promote shared ownership of regulatory compliance outcomes across all lines of defence. Reinforce the expectation that regulatory compliance is not a control function alone but a core element of business execution, safeguarding both CCBS's license to operate and its reputation.

Policy Development & Maintenance

• Lead the creation and implementation of a comprehensive, thematic Compliance Policy Framework encompassing key regulatory compliance domains such as Conduct, Market Integrity, Data Protection, Event and Breach Reporting, Gifts and Benefits, and Whistleblowing, while remaining flexible to cover all current and emerging compliance obligations in wholesale banking. The Framework must ensure compliance with applicable laws and regulations (e.g., Corporations Act, ASIC and APRA requirements, Privacy Act, FAR/BEAR) and align with internal group standards and industry best practice.

• Lead efforts to test the sufficiency and effectiveness of the Policy Framework by implementing a structured and ongoing evaluation process. This includes designing and overseeing regular risk assessments, targeted compliance reviews, and thematic audits to identify weaknesses, inconsistencies, or outdated practices across the policy suite.

• Take ownership of overseeing timely and effective corrective action plans to address identified deficiencies in the Policy Framework and ensure continued compliance and relevance. This includes identifying root causes of gaps, updating policy content, enhancing procedural guidance, strengthening control mechanisms, or delivering targeted training to affected teams. Each corrective action plan will be documented with clear timelines, assigned accountabilities, and measurable success criteria to enable transparent tracking and follow-up.

Oversee CCBS's Licensing Requirements

• Safeguard the Bank's License to Operate: Take ownership of ensuring that all licensing conditions under APRA, ASIC, and AUSTRAC regimes are continuously satisfied, proactively monitored, and embedded into business-as-usual operations.

• Strategic Oversight of Licensing Obligat

Additional Information

We encourage people with a disability to apply for roles at China Construction Bank and to request any support or reasonable adjustments that may be required to fully participate in the recruitment process.

To be considered for this role, interested candidates must provide an up-to-date resume and an application letter addressing the selection criteria.

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