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Compliance Division, Private Wealth Management (PWM) Compliance, Associate/Vice President - Hong Kong
Finance & Investment Industry Company
Hong Kong, , Hong Kong
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Job Summary & Responsibilities
YOUR IMPACT
As an integral part of the Hong Kong Private Wealth Management (PWM) Compliance team and the broader Asia PWM Compliance team, you will work in a highly collaborative and dynamic environment with Private Wealth Management professionals, global PWM Compliance counterparty, other Compliance team members and other Company departments, including Legal and Internal Audit, Operations, Technology and Human Capital Management to address an array of business, legal and regulatory matters encountered by the Private Wealth Management business across the Asia region, in addition to driving forward strategic business initiatives and projects.
OUR IMPACT
Global Compliance interprets regulatory requirements to ensure the firm is in compliance and determines how to appropriately pursue global market opportunities. Our analysts monitor regulatory trends in every jurisdiction where the firm operates and we work with regulators to manage financial market risk. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape.
As a member of the Hong Kong PWM Compliance team in Hong Kong, you will be working closely and providing on-going advice to the PWM business and PWM Management; assist them in analyzing compliance issues applicable to the business, reviewing business opportunities from a compliance perspective and addressing regulatory inquiries and handling client issues, and help drive forward strategic business initiatives and projects.
HOW YOU WILL FULFILL YOUR POTENTIAL
• Provide advice in real time to the Private Wealth Management business on compliance, regulatory, policy and reputational issues, as well as on new business initiatives and significant business changes affecting PWM, including on product suitability, client background and suitability assessment and risk profile evaluations
• Refine compliance program, controls and surveillance tools which enables compliance to conduct in depth reviews
• Work with Legal and other Compliance functions on regulatory inquiries and client issues
• Ensure that appropriate policies and procedures are in place for PWM. Drive completion of updates and the creation of new policies in response to regulatory drivers, external factors and business changes while working closely with Legal and business personnel. Develop, implement and provide training on relevant policies and procedures in compliance with relevant regulations and firm policies/initiatives to the PWM business.
• Test and monitor controls, surveillances and procedures to assess effectiveness in ensuring adherence to laws, regulations and firm policies and procedures.
Basic Qualifications
SKILLS & EXPERIENCE WE’RE LOOKING FOR
i. University degree holder/relevant professional or industry qualification.
ii. Minimum of 5-7 years relevant experience; preferably in compliance/control function. Regulatory/auditing background will also be considered
iii. Good understanding of the regulatory framework for the private client business, and products
iv. Strong analytical skills and ability to exercise sound judgment and manage execution under pressure
v. Experience in surveillance, operational flow of products and system knowledge is an advantage
vi. Energetic, attentive to detail and capable of multi-tasking in a fast-paced environment
vii. Excellent interpersonal skills and the ability to work effectively in a team-oriented setting, prioritize projects to meet tight deadlines. Highly motivated self-starter with an ability to work independently
viii. Strong oral and written communication skills. Must be fluent in English and Chinese
Preferred Qualifications
i. Ability to read and write Chinese is preferable
Company is an equal opportunity employer. © The Company Group, Inc., 2017. All rights reserved.