Compliance, supervision & control – 3 roles -, $30-45k, MNC i-bank immed. avail. recruitment
The Company
This is an exciting opportunity for 3-5 years of compliance, supervision and control candidates to join this multi-national investment bank. This bank is US headquartered, listed. Hong Kong office is situated in Central. We are setting up a new team for this hiring manager. The roles have long term career progression.
The Role
- Supervise FA and client activity with emphasis on client account due diligence and suitability.
- Manage new account review, approvals and enhanced due diligence including conducting client interviews where required.
- Ensure adequate awareness and compliance with anti-money laundering requirements by all staff in the office.
- Work with the CBRU on the investigation and resolution of issues highlighted on daily, weekly, monthly control/compliance reports.
- Manage the monthly account activity process in conjunction with the CBRU and performs client contact as required for all account types.
- Approve non-sales related correspondences and review incoming and outgoing mail and fax correspondences
- Monitor and process Alternate Mail Delivery ('AMD')/ Hold All Mail ('HAM') services.
- Approve orders that require prior managerial approval before placement/execution.
- Execute approvals and functions as defined in the Decision Authority Matrix.
- Manage/assist with onsite compliance, legal and regulatory functions in the office.
- Key business representative who drives office compliance with ML policies and procedures and local regulations. Implement and update the office on policies and procedures as required.
- Review, manage and coordinate with the Office and OGC on client complaints, internal arbitration cases and compliance issues.
- Conduct annual compliance and know your customer (KYC)/money laundering meetings and training including the review of the Compliance Outline with new hires. Periodically update the office on sales practices and compliance concerns.
- Review EARS, OIQ submissions and maintain the office's quarterly and annual attestations and OMT Delegation Memo.
- Support Compliance, Corporate Audit and local regulatory visitations and coordinate the resolution of control issues.
- Identify/ Implement best practices and reinforce sales supervision standards to maintain the compliance profile of the office.
- Participate in local, regional and global initiatives with particular focus on supervision and control.
Your Profile
- 3-5 years of compliance / KYC / AML / supervision control experience
- Financial services background is a must
- Good knowledge of controls and industry best practices
- Strong understand of local securities industry or banking regulations
- Finance related degree and possible other post graduate education (CFA, CPA, ACA) and/or NASD Series 7,9 10 would be an advantage
- Strong knowledge of securities, investment and banking products
- Effective English oral and written skills, second language would be an advantage
- Interpersonal and communicative skills exercised across different cultural sensitivities.
- Analytical mind and a recognized ability to focus on, and deliver, improved business results
- Strong sense of business priorities
- Strong organizational and time management skills with an ability to manage both day to day and projects concurrently
- High energy results driven candidate who combines business perspective with financial acumen, strategic
April 2, 2012
• Tags: $30-45k, 3 roles -, Compliance, Hedge Funds careers in the Hong Kong SAR, MNC i-bank immed. avail. recruitment, supervision & control • Posted in: Financial