Compliance Vice President – (Mutual Fund, Private Fund, Discretionary Account)

Compliance Vice President – (Mutual Fund, Private Fund, Discretionary Account)

Harbridge Partners Limited

Admiralty

HK$55,000 – HK$90,000 /month

Posted on 9-Jan-23

Job Highlights

• Compliance VP, buyside, fund, asset management
• Fund Compliance, SFC 1,4,6,9, mutual fund set-up
• Investment arm of top tier SOE investment bank.

Job Description

Company:

Our client is a fund house and investment arm which belongs to a top- tier SOE Investment Bank. They are currently looking for a compliance professional who has experience in SFC type 9 compliance, in particular in mutual fund set-up and private fund compliance.

The company currently holds SFC 1,4,6,9 licenses.

Responsibilities:

• Work with the Head of Legal and Compliance on providing professional advice to business actives ion n related to SFC type 9 activities.
• Improve, maintain and update compliance policies.
• Provide necessary advice to the business, e.g. Maintain an effective Chinese wall and facilitate wall crossing;
• Provide compliance consultation and advice on Type 9 license business;
• Revise, improve and implement the Compliance Manual for the investment platform, including code of conduct, Chinese Wall, restricted/watch list procedures, conflicts of interest, suitability, product due diligence, anti-corruption & bribery, AML and asset management policies and procedures.
• Draft, review and comment internal policies related to mutual fund set up, private fund management and Separate Account management;
• Advise business line management and assist in providing solutions to potential problems or issues involving compliance or regulatory risk
• Identify regulatory or reputation risks and escalate to board level for resolution
• Perform and review the compliance monitoring program regularly;
• Take a leading role in strategic and policy issues regarding compliance and regulatory matters affecting the business in the country and/or region
• Prepare internal compliance reports required by the Head Office;
• Handle SFC license applications and notifications;
• Handle internal monitoring for preventing conflicts of interest;
• Liaise with regulators on any business-related compliance matters
• Perform ad hoc projects and other tasks as assigned

Requirements:

• Minimum 7 years related compliance work experience with Bachelor’s degree or above;
• With experience in Chinese financial institutions, handling Type 9 license experience is a must;
• Excellent regulatory knowledge of the financial industry, especially on Securities and Futures Ordinance;
• Strong communication skills with a good sense of teamwork;
• Strong written and spoken Chinese/ Mandarin and English.