PWM compliance advisory and surveillance (with VA) VP/D

Compliance advisory

1. Advise on the design of, set standards for, and provide second-line oversight of retail investor protection controls and monitor adherence in line with SFC requirements.
2. Support digital asset offerings, including tokenised securities, from a compliance perspective, ensuring alignment with applicable regulatory requirements.
3. Oversee compliance assessments for new digital asset product launches.
4. Monitor evolving global regulatory trends and industry best practices to proactively update internal policy and risk controls.
5. Review marketing and promotional materials for digital asset products. Provide compliance support in relation to individual client onboarding, complaint handling and investor education.
6. Serve as a point of contact for regulatory inquiries from regulators. Lead the preparation of formal responses and disclosures, ensuring accuracy, timeliness, and strategic alignment with business objectives.

Requirements:

1. Bachelor’s degree in Law, Accountancy, Finance, or a related discipline.
2. At least 7 years of relevant experience in compliance advisory or a similar function; or at least 5 years of relevant experience gained in a licensed broker/fund manager/bank.
3. Additional certifications in blockchain, digital assets, or virtual asset compliance are highly valued.
4. At least 2 years of recent experience in digital asset compliance, gained through work with crypto exchanges, digital asset service providers, or traditional institutions expanding into digital assets.
5. Familiarity with retail client onboarding, suitability and investor protection obligations is a strong advantage.
6. Strong understanding of a broad range of virtual assets, such as tokenised securities, stablecoins, spot virtual assets, and virtual asset derivatives/ETFs.
7. Technical fluency in blockchain infrastructure and cryptocurrency mechanics.
8. Solid grasp of Hong Kong regulatory frameworks, including AML, CTF, and market abuse regulations, as well as the SFO, and relevant SFC codes and guidelines; familiarity with the HKMA stablecoin regime would be a plus.
9. Strong analytical skills with the ability to address complex compliance challenges in the crypto space and a keen eye for detail.
10. Excellent written and verbal communication skills in both English and Chinese; Mandarin proficiency is an advantage.

Surveillance

Responsibilities:

1. Conduct compliance surveillance and investigations for both traditional and virtual asset products and identify red flags.
2. Conduct ongoing monitoring of client fund transactions, including deposits, withdrawals and transfers, to identify unusual or suspicious activities, investigate alerts and irregularities.
3. Respond to inquiries and requests from regulators (e.g., SFC), securities exchanges (e.g., HKEX), law enforcement units, and brokers regarding pre-trade and post-trade controls or related issues.
4. Support the development of market abuse risk analysis and map trade surveillance controls to address residual risks effectively.
5. Analyze, maintain, and enhance rule settings within the trade surveillance and transaction monitoring program; perform regular parameter calibrations to ensure system effectiveness and adaptability to evolving market abuse and suspicious transaction patterns.

Requirements:

1. Bachelor’s degree in Law, Accountancy, Finance, or a related discipline.
2. At least 5 years of experience in compliance, trade surveillance or relevant experience gained within a licensed broker/fund manager/bank. Exposure to trade surveillance and transaction monitoring, as well as hands-on experience with regulatory reporting is a strong advantage.
3. Familiarity with trade surveillance systems and knowledge of programming languages such as VBA and/or Python is a plus. experience leveraging AI tools to enhance compliance monitoring, data analysis and workflow efficiency would be an advantage.
4. Previous experience in implementing automated and manual surveillance systems would be an advantage.
5. Strong understanding of a broad range of financial instruments, including equities, fixed income, interest rate products, structured products, derivatives, FX-leveraged products, and virtual assets.