Three Lines of Defence

Market Update Hong Kong

This solo episode of the Three Lines of Defence Podcast is a Market update on what is happening across the banking and financial services market in Hong Kong. We’ll be talking about updates in recruitment, in demand jobs, compensation in the various sectors.In this episode we discuss:Key areas of growth within the banking and financial services marketStatus of recruitment within investment banksForecast on re-organisation of companies.Updates on hiring in asset management, credit risk, banking, risk management, audit, ITVirtual bank updates and risksInsurance sector’s hiring and technology development.In demand jobs for each area.Sectors that have driven job growth.Compensation status in jobs around these sectors.

Christoph Roeder, APAC Head of Financial Crimes at Morgan Stanley

In this episode of the Three Lines of Defence Podcast, APAC Head of Financial Crimes at Morgan Stanley, Christoph Roeder, joins us to talk about his career journey, his thoughts on leadership, mentoring and the FCC moving forward.Christoph grew up in Switzerland and completed a Masters of Law. He started out in a legal counsel role with UBS before he became Head of Compliance - Continental Europe and Emerging Markets (EMEA) in 2009. Two years later, he became Head of Compliance - Wealth Management for the UK and Jersey. He then moved to Hong Kong in 2014 as Regional Head of Financial Crime Compliance, APAC. He joined Morgan Stanley in his current role in 2017.In this episode we discuss:Christoph tells us about his early life.He gives us a background on his work history.Developing a career in compliance and FCC despite having a legal background.Key mentors that helped develop his career and leadership style.A key turning point in his career.Significant challenge he experienced and how he overcame it.Characteristics he looks for when he hires team members.Key attributes of an effective leader.Important elements of stakeholder management3 pieces of advice he would give to a younger version of himself.Key issues for FCC in the next few years.Getting global cooperation between law enforcements and regulators.The impact of technology in FCC moving forward.Managing high pressure and stress in a senior leadership role.His passions outside of work.Links:Christoph Roeder LinkedIn

Market Update Australia

In this episode of the Three Lines of Defence Podcast I provide you with a market update on what is happening across the banking and financial services sector in Australia. I give updates and explanations on the hiring processes and the current status of the industry in this pandemic.In this episode we discuss:Hiring across Banking, Insurance, Superannuation & Asset Management.Expansion in Financial Crime Compliance.The expectation of increased regulatory pressure and litigation throughout 2021.Expanding budgets for compliance and headcount.Regulatory reforms impacting the insurance sector.Skills and jobs in demand.Main sector drivers for hiring.Status of compensation and bonuses in the industry.

Harry Bader, Global Head, First Line Non-Financial Risk, Global Markets Sales & Capital at ANZ

In this episode of the Three Lines of Defence Podcast, Harry Bader joins us to talk about his career journey, his thoughts on leadership, mentors that have influenced him, his views on the impact of COVID-19 on business continuity plans and his views on what it will look like moving forward.Harry is the Global Head, First Line Non-Financial Risk, Global Markets Sales & Capital Markets at ANZ since 2018. His career started as a trader before holding several positions in audit in different countries. He joined Credit Suisse in 2005 as a Senior Internal Auditor in Zurich and Singapore. Three years later, he still held various audit roles but under Standard Chartered Bank in Singapore and Jakarta.In this episode we discuss:Harry’s early life and where he grew up.His reason behind choosing an apprenticeship in banking.The driver of his transition on shifting careers from trading to audit.He tells us more about his move from Zurich to Singapore.Mentors that have influenced him in his career and leadership.Key attributes of an effective leader.Challenges in covering a global role.The future impact of COVID 19 on business continuity plans.Harry’s passions outside work.Links:Harry Bader LinkedIn

Alan Leung, Head of Compliance Assurance, Greater China at Citibank

In this episode of the Three Lines of Defence Podcast, I had a conversation with Alan Leung, Head of Compliance Assurance, Greater China at Citibank. He talks about his interesting career journey and the lessons he’s learned along the way. He also shares his thoughts on leadership, mentoring, the role of compliance in digital transformation and the regulatory focus and expectations around ASG and sustainable finance.Alan completed a degree in Accounting and Finance at Monash University. After graduating, he worked for Audit in KPMG for 6 years. He then moved to Standard Chartered Bank in 2005 as Regional Head of Audit - Consumer Finance. He also worked in Internal Audit under Deutsche Bank and UBS before working for Invesco Ltd in 2011 as their Internal Audit Director, APAC. He joined Citibank in 2017 in his current role. In this episode we discuss:Alan’s early life and where he grew up.The story of how he ended up working in banking and the roles he took on in the different companies he worked for.How key mentors helped develop his career and leadership style.Significant turning points in his career.One fundamental key challenge he overcame.Key attributes of an effective leader.Elements of effective stakeholder management.One piece of advice he would give to a younger version of himself.Involvement of compliance in digital transformation.The increase of regulatory focus both now and going forward around governance and culture.The future of regulatory focus and expectations around ESG and sustainable finance.Managing work pressure and stress.Links:Alan Leung LinkedIn

Nick Kee, Managing Director, Global Head of Institutional Securities Group Compliance at Morgan Stanley

In this episode of the Three Lines of Defence Podcast, Nick Kee, the Global Head of Institutional Securities Group Compliance at Morgan Stanley joins us to talk about his career. Nick shares his insight and views on leadership, mentoring and the impacts of COVID-19 from a monitoring and testing point of view. He also shares how he engages his team while working remotely.Nick started as a Solicitor and worked for Blake Dawson Waldron and Sydney Futures Exchange before moving his career to compliance in 2001. That year, he joined Macquarie and progressed to Head of Compliance for the Securities Group. In 2011, he joined Morgan Stanley as Asia Chief Compliance Officer. In 2019, Nick moved to New York with Morgan Stanley to undertake his current global role.In this episode we discuss:Nick’s early life and where he grew up.Practicing as a lawyer and making the move to work in compliance.The drivers behind moving to Macquarie then Morgan Stanley.Transitioning through work places from Hong Kong to New York.How key mentors have helped shape his career.Significant turning points in his career that led him to where he is today.One challenge he had to overcome.Characteristics he looks for when hiring people.Key attributes of effective leaders.Key attributes of effective stakeholder management.One piece of advice he would offer to a younger version of himself.Challenges for banks and financial institutions on monitoring, testing and supervision especially under COVID-19.Keeping the team engaged and involved despite working from home.Managing work pressure and stress that come with key leadership roles.His passions outside work.Links:Nicholas Kee - LinkedIn

Emily Wright, Managing Director, Global Head of Compliance Surveillance at Standard Chartered Bank

In this episode of the Three Lines of Defence Podcast, I’ve invited Emily Wright, Managing Director, Global Head of Compliance Surveillance at Standard Chartered Bank. She shares her career journey and her insights and thoughts on leadership, hiring, mentoring, surveillance, and the impact of AI and technology within that space.Emily’s career started in executive search and human resources with Lehman Brothers and Newedge in London. In 2013, she started her role as Head of Core Compliance, Business Risk and Control for APAC with ICAP. 3 years later, she joined JP Morgan, Hong Kong as its Executive Director, Core Compliance then progressed to Head of Surveillance for APAC before moving into her current role in 2019.In this episode we discuss:Emily’s early life and where she grew up.Her career progression and how she found herself in the world of banking & finance and compliance.Key mentors in her career.The turning point in her career that brought her to her current role.Her process of hiring new people.Key attributes of an effective leader.Advice she would give to a younger version of herself.How to use surveillance resources better to focus on the key risks.The future of surveillance with AI and technology.Managing work pressure and stress.Emily’s passions outside of work.Links:Emily Wright LinkedIn

Lee Alam, Managing Director and APAC Head at A&O Consulting

In this episode of the Three Lines of Defence Podcast, Lee Alam joins us to give us insights on his career journey, leadership, mentoring and broader views on risk conduct and the regulatory side. Lee is currently the Managing Director and APAC Heat at Allen & Overy Consulting.He studied in Australia and worked in London for ASIC, London Stock Exchange and FCA. He worked with JP Morgan from 2012 to 2015 in both London and Sydney as an Executive Director for Conduct Risk and Strategy before becoming Managing Director. In 2017, he joined Commonwealth Bank as General Manager of Regulatory Affairs and in early 2019, Lee moved to his current role.In this episode we discuss:Lee shares the story about his early life.Developing a career in the regulatory and banking spaces.Their key focus in consulting.Biggest challenge he experienced in his career.Key attributes of an effective leader.Key attributes to strong stakeholder management.One piece of advice he would give his younger self.Key areas of conduct risk as a result of COVID-19.How cross-culture, conduct, governance, accountability issues translate from the financial services industry to other sectors in corporates.Discussing what it’s like to be a regulator.Managing work pressures and stress.Lee’s passions outside of work.

Scott Burton, Regional Head of Anti Financial Crime Compliance at Deutsche Bank

In this episode we speak to Scott Burton who is the APEC Regional Head of Anti-Financial Crime at Deutsche Bank.Scott started his career at Anderson consulting. He joined Credit Suisse in 1998, where he worked in various roles including regional head of AML. After 15 years of Credit Suisse, Scott joined JP Morgan as regional head of FCC, where he built out a significant size team of more than 130 people over a seven year period. In 2017. Scott joined Deutsche Bank in his current role.In this episode we discuss:Scott shares about his early life and where he grew upWhy he started in banking financial services sector and developed his career within FCCHow working for one organisation for 15 years provided the opportunity to get some stability and build a foundation for his careerChallenges that Scott has overcome in his careerThe key attribute he believes you need to be an effective leaderThe individual traits he looks for when hiringScott’s views around the current AML program effectivenessSome ways we could become more effective and reduce the cost of AMLScott points out some of the roadblocks in a KYC utilityJob mobility and how it advances an individual's careerWhat Scott is doing as a leader in terms of keeping the team together and focused on what they need to be achieving now that they are all working from homeHow he manages pressure and stressScott’s passions outside of work.Links:Scott Burton LinkedIn

Market Update - Australia

In this episode of the Three Lines of Defence Podcast, we’re going to provide you with a detailed market update across the three lines of defence for the Australian Market.In this episode we discuss:High level overview on the marketSignificant levels of activity in the banking sectorDiscussion on the sectors of FCC, Compliance, Internal Audit and Risk.Activities in the Superannuation and Asset Management SectorsKey points in the Insurance Sector.Conclusion on thoughts in the market for 2020.