Compliance AVP/VP (Brokerage / Wealth management)

An exciting opportunity has arisen with a prominent Chinese financial institution, seeking high-calibre candidates to join its compliance team.

Key Responsibilities:

• Provide practical advice to support ongoing operations and future business development regarding applicable rules, regulations, and regulatory expectations, with a particular focus on product suitability, investor suitability, fintech, and wealth management.

• Establish and maintain Compliance policies and procedures to ensure that business operations and practices align with regulatory requirements.

• Drive the business to implement appropriate internal procedures that ensure compliance with both internal and external requirements.

• Stay updated on the development of relevant laws and regulations, providing analysis and insights to senior Compliance management.

• Keep business staff and management informed of the latest regulatory and internal policy requirements through workshops and routine training sessions.

• Review new business and product initiatives, offering compliance guidance on suitability, licensing requirements, disclosure of interest (DOI), and appropriate business models, while securing regulators' approval as needed before launching new services.

• Provide relevant and practical advice on the design and publication of promotional and marketing materials.

• Assist internal control functions in conducting independent reviews of the covered business by coordinating access to staff and information.

• Monitor business operations closely and report significant developments and issues to ensure compliance with internal and external reporting obligations.

• Liaise with regulators and exchange houses to respond to regulatory inquiries and coordinate inspections.

• Perform ad hoc tasks as requested.

Requirements:

• University degree or above from a top-ranked university.

• At least 5 years of experience in Business Advisory Compliance, Legal, or regulatory roles, with significant exposure to the retail banking, private wealth management or brokerage sectors.

• Well-versed in relevant regulations and market practices.

• Strong understanding of laws and regulations affecting banks or securities firms in retail, fintech, and wealth management.

• Hands-on experience interacting with regulators and exchanges, along with project management experience.

• Mature, thoughtful, and possessing strong analytical and problem-solving skills, with an aptitude for technology.

• Proactive team player with excellent interpersonal, coordination, and communication abilities.

• Bilingual, good command of written and verbal English and Chinese