Description

The successful candidate will be part of the Global Markets (GM) APAC Fixed Income, Currencies and Commodities (FICC) Compliance Office team based in Hong Kong. Act as a key subject matter expert advising on FICC regulatory matters and a regional point of co-ordination for North Asia (China, Korea and Taiwan) projects on FICC. Key contacts include all relevant staff; business and functional leads and teams in APAC FICC Department; and various regulatory authorities in APAC.

Responsibilities

1. Advise the business on the laws, rules, and regulations for Hong Kong FICC and coordinate guidance from other APAC regions. Work closely with the Singapore team to assist stakeholders in interpreting regulatory obligations, changes, and their likely impact on the business.
2. Provide compliance advisory services to FICC front‑, middle‑, and back‑office teams on regulatory and compliance matters.
3. Identify, manage, and control compliance, regulatory, and reputational risks as appropriate.
4. Review new‑product and significant‑transaction proposals and deliver concise comments.
5. Observe and implement the missions and responsibilities of Group Compliance functions.
6. Deliver training on relevant rules and regulations and promote a culture of compliance awareness where needed.
7. Investigate potential compliance incidents or breaches in collaboration with internal parties.
8. Coordinate audit inspections, focusing on compliance‑ and regulatory‑related issues.
9. Liaise with regulators and handle regulatory inquiries, audits, inspections, questionnaires, and surveys.
10. Support the implementation of global or regional policies and procedures for the FICC business and ensure adherence.
11. Collaborate with team members in the region and TCO team to ensure seamless execution of tasks.
12. Escalate issues promptly and appropriately to your line manager and regional compliance heads, as necessary.

Requirements

1. Possess excellent knowledge of HKMA/SFC requirements and their practical application.
2. Self-starter attitude - proactive, independent, detail oriented and willing to learn.
3. Good communication and social skills to collaborate with colleagues at all levels and contribute as a team player.
4. Good command of written and spoken English
5. Fluent in Mandarin and proficient in Chinese language tasks-a valuable advantage for navigating the China market and producing accurate documentation.
6. Strong analytical and problem-solving skills.
7. Sound knowledge of risk and control framework or related procedures within financial institutions.
8. Undergraduate Degree with 8 years or more experience in the Compliance department of financial institutions, international brokers or regulators; with strong knowledge of global market products in APAC, preferably with advisory experience.
9. The candidate should have a good understanding of the regulatory environment and the key challenges and developments which the business as well as the wider industry faces.