Regional Compliance (Regional Oversight)

Selected candidate is required to support APAC based investment management firm with below mentioned responsibilities

Key Responsibilities

LBU Oversight Responsibilities

• Be the “Relationship Manager” and provide oversight of the compliance functions of the Local Business Units (LBU) allocated to him/ her. Ensure that the LBU compliance teams are performing to the compliance standards required by the stakeholders of the Group/Regional Compliance Policies & Standards and implementation of industry best practices, taking into account commercial requirements and local regulatory complexities.
• Proactively work with the LBU Heads of Compliance to ensure that there is an Annual Compliance Monitoring Plan (ACMP) established for the LBUs and to proactively challenge the ACMP to ensure that the ACMP has adequately performed the regulatory risk and control assessment of the business; and relevant compliance tests have been designed to monitor these risks.
• Conduct regular reviews of the status of implementation of the LBU ACMP and report accordingly.
• Be in regular contact with the LBU Heads of Compliance in order to understand and identify the key compliance risks; review and analyse the key compliance management information / statistics and hot topics that both Head Office and LBU Compliance teams should watch out for. Be responsible for areas of ‘Specialization’ allocated to him/her across all globally e.g Management Reporting, Conflict of interests, ESG etc.
• Proactively advise and work with LBU Heads of Compliance to interpret and, if necessary, to implement the required Group compliance standards and controls.
• Provide proactive and timely advice and support to key business /strategic initiatives / projects. This can be both at Head Office and at LBU level.

 Key Head Office Compliance Responsibilities

• Ensure that the Head of HO Compliance and Chief Risk Officer are kept updated on key compliance issues and compliance hot topics in the LBUs allocated to him/her.
• Assist the Head of Head Office Compliance in the preparation of the relevant Compliance Reports to the various governance committees/functional heads at Group Head Office. Attend the committees/meetings as required.
• Work with Group Head Office in reviewing Group wide policies and procedures for applicability to the client. Accordingly, implement appropriate group policies and where necessary, procedures.
• Assist the Head of Head Office Compliance in preparing ad hoc papers on risk and compliance as and when requested by any of the governance committees.
• Take leadership for organization wide projects as and when required.
• Participate in ad hoc reviews and investigations as required

Experience/Qualifications

• Degree in Commerce/Finance/Accounting/Banking with professional qualifications in Accounting/Law/Management.
• Minimum 5 to 8 years of experience in responsible capacity planning and operation of regulatory compliance and/or compliance auditing programs within the financial services industry (e.g. banking, fund/asset management).
• Candidates with international experience of regulatory compliance within a multinational fund management, broking or banking industries would be preferred.
• Excellent communication skills (written and verbal) and effective inter-personal skills with experience in working with different stakeholders.
• Business transformation and innovation skills
• Adaptive, mature, motivated and has ability to use own initiative.
• Resilient in dealing with multiple initiatives and challenges and pay attention to detail.
• Forward looking mindset, independent and has positive “can do” attitude