Position Description
The incumbent will have a direct reporting line to Head of Compliance, Thailand and will have given Thailand and broad South East compliance mandate (excluding Singapore) which extends to a number of licensed entities in South East Asia and multiple business lines, including but not limited to, institutional cash equities sales and trading, ECM and DCM businesses.
Given the broad mandate of this role, it is expected for the incumbent to demonstrate and develop well-rounded Compliance knowledge and be well-versed in a broad spectrum of Compliance skills, and not be restricted to specialized Compliance roles.
Key Areas of Responsibilities
The incumbent will primarily assist Head of Compliance, Thailand and on secondary basis, assist on the wider South East Asia compliance team (excluding Singapore):
Compliance Monitoring and Surveillance
- Maintaining and executing the ongoing compliance monitoring programme, which includes, amongst others:
- Trade surveillance by analyzing trade data and via the use of SMARTS Broker trade surveillance tool;
- Monitoring of staff dealing activity and compliance with staff dealing policy;
- Monitoring of staff outside directorships, business interests and activities;
- Monitoring of gift and entertainment of staff;
- Monitoring of fly-in-fly-out activities of licensed staff;
- Conducting compliance desk reviews/thematic reviews, as may be required, based on emerging risks or new regulatory requirements;
Central Compliance
- Assist in the licensing and registration process for new front office staff.
- Monitoring and following up with existing representatives on their continuing obligations, amongst others, changes in personal particulars and business interests, continuing education program and register of securities.
- Liaising with relevant internal stakeholders to complete surveys/forms/questionnaires/ requested by regulators.
- Assist in the preparation of periodic and ad-hoc regulatory reporting to the regulators.
- Assist to ensure that all compliance correspondences/records and registers are duly tracked and maintained.
- Assist to conduct compliance induction trainings for all new staff and other basic training.
- Ensuring that staff completes all mandatory compliance trainings and declarations.
- Assisting with compliance reporting to local and group management.
Compliance Advisory
- Assist the Head of Compliance, Thailand responding to simple internal queries, for example, those relating to licensing requirements or group compliance policies/procedures such as staff dealing, outside business interests, and gift and entertainment, etc, track regulatory change, assisting in external/internal audit, review and revise local compliance policies and any other required ad hoc tasks as required.
Requirements
- Bachelor's Degree or above in Law, Accounting or related discipline.
- Minimum 1-3 years of Compliance/audit/regulatory experience in the financial services sector are preferred.
- Excellent analytical skills and quick logical thinking ability.
- Strong interpersonal skills.
- Excellent command in both spoken and written English.
- Strong attention to detail.
- Able to operate independently and to multi-task effectively.
- Proficient in Microsoft Office Applications for both data collection and interpretation of the results that can presented clearly and concisely.
- Reasonable understanding of Compliance role and risk-based Compliance approach, and ability to identify and remediate key Compliance risks.
- Basic knowledge of securities laws, including regulations related to securities brokerage businesses.
- Knowledge or experience in specific areas such as securities laws, Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) regulations, or other relevant legal frameworks is considered a plus.
