Responsibilities

Overall strategies & Senior Management Relationship

• Identify potential compliance risk and pitfalls, and actively advise management and board to implement proper compliance program to address any potential regulatory problems
• Maintain continuous lines of communication, keeping the CEO informed of all critical issues.

Leadership

• Oversee, direct, and organize the work of the Compliance team
• Ensure the team have the skills and knowledge to perform their role to be compliant with internal policies and procedures, local rules and regulation as well as external legislation

Third Party Relationship

• Coordinate and liaise with regulators/authorities such as SFC, PIBA, IA and handle their enquiries and/or investigations regarding SFC type 1, 4, 6 and 9 and insurance license matters
• Liaise with the regulators, auditors and legal counsel on compliance matters

Provide Advice to Business Units

• Handle enquiries regarding applicable legal and regulatory requirements from other business units
• Keep update about the changes to business practices and product and/ or applicable regulatory requirements to ensure that the procedures and controls in place remain adequate

Monitoring

• Ensure compliance monitoring programs are formulated and keep up-to-date to reflect any changes in the business and / or applicable regulatory requirements
• Monitoring and checking irregular regulated activities of different business units on a daily basis to identify potential problems and anomalies
• Updating, assessing and improving the efficiency and effectiveness of existing operations to ensure of compliance with internal and external rules, policies and regulations

Compliance Manual/ Procedures

• Formulating, developing compliance policies and procedures and monitoring trade and transactions
• Keep up-to-date the policies contained in the Compliance Manual
• Review policies, procedures, marketing materials and customer correspondence if required

Training

• Ensure adequate training is provided or arranged on compliance and regulatory matters to all employees (such training to be tailored for relevant employee and may take the form of general training for all employee on certain matters and specific training covering maters relevant only to particular categories of personnel)
• Develop, implement and conduct training on AML, regulatory and compliance matters
• CPT monitoring

Reporting

• Provide prompt reporting to senior management of all “material” breaches or potential breaches of applicable regulatory requirements and any significant changes to applicable regulatory requirements in the relevant business jurisdictions

Licensing

• Handle licensing matters relating to the company and employees

Others

• Be ethical and work within the relevant regulatory frameworks. All general management, regulatory and corporate governance issues are to be reported in a timely and can did manner
• Fulfill additional, relevant, tasks appropriate to the role and business requirements

Requirement

• Degree holder or above in Law, Accounting, Business Administration or related disciplines
• Minimum 8 years’ solid experience in financial industry in compliance area
• Solid knowledge in the relevant SFC rules & PIBA regulations etc.
• Good knowledge of SFO, AML, KYC, FACTA, CRS
• Excellent command of both written and spoken English, Mandarin and Cantonese
• Good interpersonal and communication skills with all levels
• Strong leadership skills with ability to initiate, drive and manage changes