Tokyo – Head of Compliance recruitment
Strong prudential management has been a key to Macquarie's success over many years. The Risk Management Group (RMG) is an independent, centralised unit responsible for assessing and monitoring risks across Macquarie. This includes market and liquidity risk, credit risk, compliance risk and operational risk. Risk Management Group personnel liaise closely with all operating areas to ensure risks are understood and properly managed.
The Compliance Division is responsible for ensuring that all compliance risks are properly assessed and managed across Macquarie.
This is a senior role that provides the opportunity for applicants with strong organisation and communication skills to work closely with various businesses and support divisions operating in Japan. The role will involve managing a small team but will be required to work with other Compliance colleagues in Asia constantly as part of the broader Compliance team in Asia. This role primarily involves overseeing, monitoring and reporting on the emerging risks, the adequacy and effectiveness of internal controls and processes and managing compliance and regulatory risks.
The successful candidate will report to the Joint Regional Heads of Compliance in Asia.
This role will involve managing a small team in Tokyo and working closely with members of other support functions in Tokyo.
Working closely with Compliance, other RMG divisions, the operating businesses and support functions in Tokyo, Hong Kong, Singapore and Sydney, the successful candidate will assist in enhancing oversight of Macquarie's business activities in Japan.
This will involve:
- Assisting in the oversight of and the monitoring/administrating, where appropriate, Macquarie's compliance with the Japan business, primarily institutional stock broking requirements.
- In country review of Compliance risk arising from new business activities.
- Being the first point of contact for operating businesses for Compliance related incidents.
- Developing and assisting with maintenance of compliance policies and procedures.
- Providing sound and practical advice on compliance with the Japanese regulatory requirements and general compliance matters.
- Conducting and overseeing the performance of monitoring and surveillance reviews to ensure compliance with Macquarie's policy and the Japanese regulatory requirements.
- Reporting and escalation of compliance issues to relevant stakeholders e.g. business senior management, Local/Regional/Global Head of Compliance; board committees etc.
- Assisting with compliance and control assurance reviews where required.
- Managing and maintaining productive relationships with regulators through involvement in material regulatory contact.
- Assisting with AML compliance and client documentation review (for international and domestic clients) and any relevant on-going compliance of KYC/ CDD regulations.
- Development and delivery of Compliance training and education.
- Liaison and coordination with the internal independent auditors, RMG Audit, System Auditors, Regulatory auditors etc.
- Co-ordination of regulatory enquiries, visits or inspections.
Suitable candidates will have considerable experience gained within a capital and financial markets, legal, regulatory or audit environment, a sound understanding of investment/financial markets and the ability to maintain and enhance productive relationships with staff and regulators. Desirable personal characteristics include:
- Tertiary qualifications in accounting, business or law.
- Working knowledge of the relevant Japanese regulations in relation to securities and financial markets.
- Outstanding and persuasive verbal and written communication skills, and the ability to maintain confidence and hold position when being challenged.
- Highly self motivated and the ability to work independently, determine priorities and meet deadlines.
- Experience in independently performing and managing compliance reviews and projects is highly desirable.