Key Areas of Responsibilities
1) Setting the policies and procedures for adherence to legal and regulatory requirements in CITIC CLSA SG Entities, including:
- Work closely with Deputy Head of Legal and Compliance & Head of Compliance to provide advice to the executive team, Board of Directors and management on compliance risks, particularly in respect of regulatory developments in the industry, using compliance judgment to suggest an appropriate approach which highlights the level of risk against the business needs in a particular situation.
- Resolve compliance issues (whether in relation to CITIC CLSA existing products, new businesses or otherwise) in the best interests of the CITIC CLSA SG entities and its clients.
- Conduct investigations into potential breaches of CITIC CLSA Compliance policies by staff.
- Respond to law enforcement or regulatory requests.
- Proactively communicate with local regulators regarding CITIC CLSA's compliance program and other matters as necessary.
- Assist in the strategic design and implementation of the Compliance Program for the entities in question.
- Establish, implement and maintain relevant regulatory compliance policies and procedures applicable to capital markets products, and ensure capital markets compliance practices are consistent with group policies.
- Coordinate with head office and regional jurisdictions to ensure compliance with relevant regulatory requirements.
- Provide training, support and guidance on regulatory and compliance matters to all broking staff.
- Deal with local regulators where CLSA's activities are so supervised as required.
- Represent CITIC CLSA in both internal and external meetings relating to compliance matters and regulatory affairs.
- Plan, manage and undertake CITIC CLSA group Compliance projects.
- Oversee the correct and timely management of regulatory licensing for broking staff.
- Undertaking Compliance monitoring.
2) Maintaining appropriate standards of conduct and adhering to proper procedures by the Group, and Monitoring the Group's compliance with the established policies and procedures, including:
- Works closely with the Deputy Head of Legal and Compliance & Head of Compliance to ensure compliance policies and procedures for the CITIC CLSA group are developed, implemented and maintained so as to ensure compliance with relevant legal and regulatory requirements.
- Monitors compliance developments in the relevant industries
- Maintains and strengthens corporate governance and oversees delivery of a strong regulatory compliance program for the relevant entities.
3) Properly manage the Compliance risks associated with the relevant business of CITIC CLSA SG Entities, including:
- Leading the way in responsible Compliance risk management by actively demonstrating sound understanding of risk appetite.
- Report compliance matters to the Board and senior management.
- Advises relevant CITIC CLSA group committees and senior management on the broad range of Compliance issues arising out of new business, products and markets as well as BAU operational activities.
- Work closely with other stakeholders in the development and maintenance of internal Compliance policies and procedures applicable to CITIC CLSA SG Entities .
- Ensure appropriate incident handling, including appropriate remediation plans of Compliance issues
Requirements
- Bachelor's degree or above
- Minimum 12 years of financial industry compliance experience
- Strong understanding of securities brokerage and trading, corporate finance (including ECM and M&A), and private equity as well as the associated regulatory environments.
- Strong analytical skills and ability to make sound judgements especially in the absence of absolute clarity in regulatory environment.
- A team player
- Able to operate independently and to multi-task.
- Attention to detail.
- Strong interpersonal, communication and stakeholder management skills
- Excellent command of both spoken and written English
- Fulfill all the fit and proper requirements as senior manager under IAC.
