Responsibilities:
- Lead provider of day-to-day advice relating to Private Wealth Management business and control room function – restricted list, entertainment & gifts, personal account dealing, conflict of interest and annual attestation, etc.;
- Develop and work with Head of Compliance & Risk (SG) and CMBI Group Head of AML Compliance (HK) to implement policies, procedures, systems and other controls in relation to Financial Crime Compliance such as Anti-Money Laundering (AML)/Counter-Terrorism Financing (CTF), Fraud, Sanctions, Anti-Bribery and Corruption (ABC), Cyber Crime and Market Abuse. Assist the Head of Compliance & Risk in Enterprise Wide Risk Assessment of CMBISG;
- Effective planning and delivery of control room function, including maintaining restricted list, entertainment & gifts, PA dealing, conflicts of interest and annual ‘Fit and Proper’ attestation etc.;
- Main point of contact on Private Wealth Management business processes such as account opening review, third party transfer and large fund withdrawal/deposit.
- Support the development of compliance related policies and lead implementation through development and implementation of related procedures, preparation and delivery of training and providing guidance and other post-implementation support;
- Coordinating and supporting licence representative and director’s applications with MAS. Maintaining MAS correspondence, representative’s register and other key regulatory records;
- Compliance review and approval of marketing materials, client communications and other client facing documentation;
- Support the Head of Compliance & Risk in FACTA/CRS reporting;
- Provide periodic reporting and escalation of issues to Head of Compliance & Risk on a timely basis so as to strengthen the compliance culture in CMBISG;
- Maintaining complaint, breach & error reporting and other key compliance records;
- To support the Compliance & Risk functions in discharging its responsibilities as required generally, and specifically, in terms of dealing with risk and regulatory matters;
- Knowledge in credit review, trading limit, product/margin financing business.
- Ad-hoc tasks assigned by Head of Compliance & Risk.
Requirements:
- Minimum 5-7 years of relevant experience preferably in brokerage house and corporate finance company.
- Experience in leading compliance projects in terms of financial crime (AML/CFT controls), trading and control room function.
- Analytical and investigative skills and the ability to speak out and act when appropriate.
- The ability to work efficiently and effectively both alone and also collaboratively as part of a team.
- Excellent problem solving and issue resolution skills.
- Excellent time management skills and ability to work to tight deadlines and under pressure.
- Proficient in English and Chinese.
