Global Markets Compliance, VP

A leading international financial institution is seeking a Vice President to join its Compliance team in Hong Kong.

Key Responsibilities

• Provide timely, practical compliance advice to FICC sales and trading teams on business activities, transactions, products and client matters
• Review new products, business initiatives and proposed activities from a regulatory, best-practice and internal-policy perspective

• Monitor actively regulatory developments and trends and take appropriate action to ensure the business unit complies with new or amended regulations

• Develop and track compliance monitoring programs and performed desk reviews periodically
• Provide cross-border activities regulatory compliance advice and approval
• Analyze regulation changes and its impact to the business process, and be responsible for updating Compliance policies and procedures
• Train the front office staff on new policies and procedures, and facilitate developing strategies and methods for implementation
• Strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm's businesses
• Provide assistance on ad-hoc investigations including data gathering, analysis and documentation of results
• Coordinate with relevant parties including Legal, New Products, Controllers, Operations, Risk, IT and other areas to ensure the appropriate controls and policies and procedures are in place for new businesses

Requirements:

• University degree holder in finance, business, accounting, Legal administration or relevant discipline
• At least 7 years of relevant compliance working experience with major investment banks & securities firms, ideally candidates with FICC/DCM experiences
• Have understanding of the key regulators in Hong Kong, their culture, policies and expectations and an ability to understand the potential impact of overseas regulatory development
• Demonstrate ability to effectively review and analyze data/situations and apply judgement to remediate issues in a timely manner
• Good interpersonal and communication skills. Ideally a candidate who is capable of being a good team player, and being able to work together with other functions
• With strong sense of risk assessment and management and be able to solving problems independently with minimal supervision
• Proficient in time management and able to initiate and manage projects
• Self-driven to offer suggestions for the enhancement of the business processes
• Identify and remediate conflicts of interest
• Ability to handle highly confidential and sensitive information