Job Responsibility
Compliance Plan Development
- Support the Unit Head to ensure alignment of compliance objectives with the CGS MY Entities business and strategic objectives
- Assist in developing Compliance Work Plan and Program and ensure its effective implementation.
- Assist any other initiatives to promote compliance culture assigned by the Head of Compliance from time to time.
- Assist in the implementation of compliance-related initiatives to strengthen CGS MY entities compliance framework.
Compliance Advisory
- Ensure timely dissemination of new/updated regulatory requirements across CGS MY Entities/relevant stakeholders and advise the changes that impact business units
- Perform gap analysis on newly issued or updated regulatory guidelines as and when required.
- Provide advisory, interpret laws, regulations and guidelines and value-added solutions to business units and support units on ongoing basis
- Review policies, procedures and product papers and facilitate compliance with the relevant laws, regulations and guidelines
- Assist the stakeholders in developing and implementing a compliance programme to comply with applicable regulatory requirements.
- Manage and address queries and information requested by the relevant regulator(s).
Compliance Risk Management and Review & Monitoring
- Assist the Unit Head to ensure effective implementation of the compliance related policies and procedures within CGS MY Entities.
- Assist the Unit Head to establish effective compliance program/review plan to identify, document and assess the compliance risks and corresponding controls associated with the business activities of CGS My Entities
- Assist in conducting risk assessments, including business units and branches, to identify and assess potential compliance risk. Evaluate adequacy of internal controls. Highlighting and/or tracking of corrective action plans against identified gaps
- Assist the Unit Head to ensure implementation and completion of the tasks in accordance with Compliance annual compliance work plan.
- Assist in managing audit and inspection, where applicable.
Reporting
- Preparation of the report and paper to Board of Directors, Committees and respective stakeholders within stipulated timeline
- Management of escalation process on compliance related matters – e.g., issues raised by regulators or business units & non-compliance issues
- Maintenance documentation of compliance activities and records, policies and procedures and regulatory queries/investigations
Training and Awareness
- Assist in developing compliance training and awareness materials and ensure alignment with current regulatory requirements.
- Assist to foster a culture of ethical conduct across CGS MY Entities
Governance of Compliance policies and procedures
- Assist to ensure effective implementation of the compliance related policies and procedures within CGS MY Entities.
Skills
- Good command in spoken and written English.
- Good knowledge of capital market regulations and any other related laws and regulations in relation to financial industry matters.
- Good understanding of the business and functions.
- Knowledge of drafting governance related policies/procedures.
- Possess presentations skills.
Years of Relevant Experience
- 1 to 3 years of experience of relevant financial industry/compliance in established futures broker / securities firm / fund management company / financial institutions.
- Registered Compliance Officer with Securities Commissions/Bursa is an added advantage.
Education
- Bachelor's Degree or Professional Qualification in the relevant discipline (Accounting/ Finance/ Business/ Economics/ Financial Engineering/ Law.
- SC Licensing Examination is an added advantage.
Personal Attributes
- High integrity and ethical standards.
- Good critical and analytical thinking.
- Good problem-solving skill and decision-making skill.
- Committed to learn and ensure development in other areas which may impact self/team.
- Able to work as a team and perform well even when under pressure to meet tight deadlines.
*Only shortlisted candidates will be contacted.
