Join us as Manager, Compliance at AIA Investment Management!
We are seeking for a Manager to be part of our compliance team to
- Provide compliance advisory to ensure that:
a) AIAIM's activities are conducted in accordance with applicable securities regulations and relevant industry association's best practices and
b) AIAIM's policies and procedures are effectively designed, drafted, implemented and adhered to from the regulatory perspective.
- Provide broad compliance advisory support to C&R function in various areas including regulatory compliance, AML/CFT/Sanctions, employee and market conduct, internal management reports and regulatory filings etc.
- Collaborate with Product Compliance sub-team on regulatory changes emanating from MAS affecting the fund vehicles and products managed by AIAIM.
Responsibilities
- Advise on current and emerging regulations in Singapore and their impact on AIAIM's activities. Such regulations include: licensing, business conduct, dealing in capital markets products, fund management, advising on investment products (under the SFA and FAA), AML/CFT, Economic Sanctions, funds offering and advertising requirements, outsourcing, personal data protection, derivatives reporting, substantial shareholding reporting.
- Conduct compliance reviews of processes in equities, fixed income, trading, alternative investments, real estate investments, research and derivatives businesses to ensure AIAIM operate within legal and regulatory boundaries.
- Review and update policies and procedures in conjunction with compliance reviews.
- Update registers relating to regulatory obligations and regulatory reporting in internal systems.
- Plan and execute compliance monitoring against AIAIM's policies and procedures.
- Liaise and manage relations with regulators, prepare for inspection and respond to regulators queries.
- Liaise with auditors (internal and external) and industry associations.
- Conduct compliance risk assessment and prepare compliance annual plan.
- Participate in meetings (including working groups or sub-management committees where applicable) to advise on compliance and regulatory matters relating to the regulated activities conducted by AIAIM.
- Collaborate with business to perform gapping of and implementation of new regulatory developments and conduct briefings on new regulations.
- Submit routine or ad-hoc surveys, returns, reports to regulators or governmental agencies in connection with regulated activities conducted by AIAIM
- Prepare management reports with analysis to EXCO, CEO and Board of Directors of AIAIM and Board of fund vehicles including VCC and UCITS fund vehicles (for the latter to also work with Product Compliance team).
- Provide management reports on regulatory developments and material regulatory communication to relevant management committees
- Advise on personal dealing, gifts and entertainment, outside business interests, conflicts of interests and other issues under the AIA Code of Conduct.
- Conduct induction training for new joiners and refresher training to staff on key regulatory topics or policies administered by Compliance.
- Identify policies and controls enhancement needed relating to the investment activities carried out on private assets and suggest and implement modifications needed to the monitoring and assurance plan.
- Identify and monitor regulatory obligations (including reporting) to Korea Financial Supervisory Commission arising out of AIAIM's cross border DIM licence held.
- Provide support on responding to or reviewing responses to enquiries from overseas regulators in relation to AIAIM processes and policies from requests originating from Group Wide Supervision requirements (e.g. HKIA).
Requirements
- Degree holder with over 7 years of regulatory compliance experience in the asset management sector Experience and exposure in investment funds (e.g., UCITS Luxembourg SICAV or Variable Capital Companies) preferred but not essential.
- Familiar with compliance and monitoring coverage across Equities, Fixed Income, Trading, Alternative & Real Estate Investment, Research and Derivatives businesses.
- Working experience in regulatory supervision, audit, compliance, legal, governance and/or risk management in financial services or professional services firms or regulators would be helpful.
- Understand the investment management business.
- Takes initiative, results-oriented, solution-focused.
- Team player with good interpersonal and communication skills
Believe in better with AIA. If you work at AIA, you play an important part in this movement. Which is why we give you every opportunity to learn, grow and shape your career- your way!
