Assistant Manager, Regulatory Compliance
Level: Assistant Vice President
Client: Global Asset Manager
Location: Hong Kong
Position Purpose
The primary purpose of this role is to work with various business units to support the regulatory and business compliance of the organisation in Hong Kong. The role will be involved in a number of compliance activities, and will have a particular focus on licensing, regulatory filing and notifications, Financial Crime Compliance, review of sales and marketing activities.
As an influential member within the team, the role will also support the other key activities of the Compliance team globally and involve in regional Compliance projects.
Key Responsibilities
You will be expected to perform the following tasks in a manner consistent with the organisations values:
Support the regulatory compliance requirements of the business including:
Licensing matters and regulatory filings
Review of marketing materials, RFPs and due diligence questionnaires, communication and implementation of regulatory and policy changes
Financial Crime Compliance advice, including AML, ABC and Sanctions
Provide support and compliance advice to business initiatives and projects
Provide support to formulate, review and update compliance policies and procedures and training
Provide and prepare/review compliance reporting to clients
Perform ongoing compliance monitoring reviews to identify areas of potential gaps and work with process owners to implement improvements
Provide support in regulatory inspections, internal and external audits
Prepare / review high quality reporting to internal stakeholders to assist with decision making
Keep abreast of the latest regulatory requirements and support the team on analysing the regulatory requirement applicable to business
Ensure that you comply with the Group’s Occupational Health and Safety policy, all other internal Group policies and procedures, and any relevant external legislative requirements.
Be alert to any risks which could prevent achievement of the objectives of the role, particularly safety risks. Take appropriate action to mitigate the risks.
Handle ad hoc projects as assigned by Head of Regulatory Compliance & Financial Crime Compliance (MLRO) Asia or delegates
Required Capabilities
6 years minimum total work experience in Compliance/Risk in financial services, with minimum 4 years in asset management firm
Bachelor’s degree in Finance/Commerce/Accounting/Law or related discipline
Strong understanding of SFO, AMLO, SFC & MPF Codes & Guidelines and AML Guideline
Proactive attitude with ability to multitask and deliver on time high quality work with a sense of urgency
Ability to work well in a team environment, collaborate with business and other functions in Country, Region and Group levels
Attention to detail and quality standards
Process improvement and streamlining focused
Customer service focused
Ability to plan and implement small projects and initiatives
High level of ownership and responsibility for allocated work
Fluent in English, Chinese and / or Mandarin is an advantage
Holder of CAMS or AAMLP is preferred