Asset Management – Group Compliance – Compliance Manager

ROLE DESCRIPTION AND PURPOSE

• Assist to ensure BNP Paribas Asset Management Asia (AM Asia) is complying with both BNPP AM and the Group compliance policies and procedures as well as HK regulatory obligations
• Working within the HK compliance team, assisting on day to day compliance tasks as required covering all compliance requirement as per the regulations and group which shall include but not limited to specific responsibilities for handling licensing application and notification obligations, KYC and AML due diligence review, compliance monitoring and reporting, fund authorization and ongoing maintenance, and general compliance coverage on compliance topics covering AML/KYC, conduct/ ethics related, client protection and market integrity
• Perform fund legal registration activities for offshore funds

KEY RESPONSIBILITIES

• Work closely with business to ensure relevant staff/visitors are properly licensed when they carry out regulated activities in HK, and ensure the company and all of its licensed staff submit the annual return to the regulator within the specific timeline, and comply with other regulatory requirements pertaining to their licenses
• Facilitate KYC/AML due diligence review during client take-on and on an ongoing basis 
• Assist in the review, modification and implementation of compliance policies 
• Assist coverage and provide compliance advices in respect of onshore entities and activities, including 
  • Facilitate marketing materials approval within prompt turnaround
  • Conduct compliance monitoring and controls in various aspects
  • Conduct training to staff to ensure their awareness of the key compliance policies and obligations
  • Provide advice to business concerning funds authorisation / public / private offering in the HK market/all other compliance aspects
  • Formulating action plan to ensure the relevant regulatory requirements are being respected
• Perform fund legal registration of offshore funds with SFC and provide advise to local product / marketing team on registration aspects
• To provide a staff training and advisory service to the business on financial security, Client interest protection, Market activity related and professional ethic topics (KYC, AML, Sanctions screening) and advise on group related policies and actions
• To provide a compliance opinion/risk assessment on KYC files and PEP/Sanctions alerts requiring an intervention
• To perform compliance control testing and independent testing as per the Control plan
• Keep abreast of regulatory development, assess and report on the adequacy of the local Financial Security framework. – advise business on regulatory development and their requirements

KEY INTERNAL / EXTERNAL RELATIONSHIPS

• Internal: Europe and other BNPP AM affiliates
• External: SFC