Senior Compliance Officer, Prime Brokerage

  • Competitive
  • Hong Kong
  • Permanent, Full time
  • Morgan McKinley Hong Kong
  • 14 Nov 18

Senior Compliance Officer, Prime Brokerage

My Client, a Global Investment Bank is looking for a Senior Compliance Offier for their Prime Brokerage Business.

This role enables the candidate to join an established team enjoying strong relationships with business areas and support functions, and work in an experienced and professional environment to maintain a strong compliance culture within Global Markets Compliance in Hong Kong. Specifically, this candidate will be based on the trading floor in Hong Kong. The candidate would report to the Head of Equities Compliance, APAC, Global Markets.

Key Responsibilities

  • Providing day-to-day compliance advisory services to the Hong Kong / APAC Equities business regarding the Firm's policy, relevant regulatory requirements, and industry best practice. Role focuses on Prime Services platform, which includes Delta1, execution, funding, SBL, F&O and clearing.
  • Advising business personnel on latest regulatory development, new rules and regulations which affect their business. Where necessary, establishing and updating existing compliance policies and procedures;
  • Review new business/project initiatives
  • Working with the global / regional Equities compliance teams to enhance standards of conducts and sharing updates on regulatory changes;
  • Identifying any compliance risks and investigating actual or potential breach of relevant rules and regulations relating to Equities business.
  • Dealing with ad hoc compliance issues and providing support to both front office and back office staff;
  • Conducting compliance training for business personnel;
  • Handling regulatory inquiries, examinations and audits.
  • Working closely with disclosure of interest and trade surveillance teams to review and conduct investigations when necessary
  • Conducing compliance reviews; and
  • Participating in related industry practice groups

Competencies (Technical / Behavioral)
  • Strong knowledge of regulatory and compliance requirements in both APAC and US regions
  • Strong interpersonal skills, with the ability to communicate and consult clearly at all levels - business, management and other support functions
  • Knowledge of risk and control framework or procedure of a financial institution
  • Strong analytical and problem solving skills
  • Able to work independently adopting a hands-on approach
  • Ability to handle multi-tasks

Specific Qualifications/Experience Required
  • College Degree minimum. LLB, MBA, CPA, CFA, or equivalent is preferred but not a must
  • Over 8 years direct experience in regulatory or Equities/PB compliance with broad knowledge of listed and OTC equities products, including cash equities, equity derivatives (plain vanilla and exotic), futures and options, etc
  • Knowledge on the disclosure of interests (DOI) requirements in Hong Kong and preferably in other APAC countries;
  • Preference will be given to candidate with Equities compliance experience based on trading floor in dealing with Equities sales, trading and capital market professionals and in advising such persons on real-time trading questions and scenarios
  • Strong preference will be given to candidate with good knowledge of regulatory requirements in Hong Kong and familiar with APAC restricted markets restricted market requirements, e.g. India, Korea and Taiwan
  • Excellent negotiating, language and inter-personal skills; should be a proactive, solutions driven, confident, highly motivated and organized team player with impeccable integrity; should possess excellent issue spotting, analytical and resolution of conflicts skills
  • Able to act decisively and independently in situations requiring quick analysis