Senior Associate, Regulatory Compliance (FRR)
2 hours ago Be among the first 25 applicants Company Description We are seeking a highly skilled Senior Associate to join our team for the provision of compliance consultancy services to clients with a focus on the delivery of the preparation and review of Financial Resource Rules (“FRR”) forms for Licensed Corporations (“LC”). The ideal candidate will be either HKICPA qualified or a Chartered Accountant with a strong background in FRR requirements regulatory compliance and exceptional client-facing abilities. This role involves providing comprehensive FRR and liquidity compliance advisory services to clients regulated by the Securities and Futures Commission (SFC) and addressing complex related issues. Tasks Prepare and review FRR submissions for LCs as per SFC regulatory requirements. Monitor liquidity and capital positions of LCs and prepare/check regulatory disclosures to ensure compliance with relevant rules and regulations. Provide consultation in forecasting the financial impact for potential investments, dividend declarations, etc. on the liquidity of LCs. Communicate and coordinate with auditors, accountants, lawyers and other group offices to manage compliance and regulatory issues. Assist in post-audit FRR and Account Disclosure Document preparation and review, as required, to be submitted to the SFC. Handle other FRR matters and enquiries from regulators, clients, and other parties. Additional Tasks Client Management: Serve as a primary point of contact for clients, delivering compliance consultancy services to SFC-regulated financial institutions. Compliance Support: Efficiently handle client compliance inquiries and provide timely responses to ensure client satisfaction and compliance with regulations. Research and Advisory: Conduct thorough research on regulatory updates, rules, and regulations, providing clients with timely advice to navigate compliance challenges. Prepare and submit SFC filings on behalf of clients, including the necessary supporting documentation. Compliance Meetings: Conduct regular compliance meetings with clients, delivering comprehensive compliance reports and updates efficiently. Monitoring Reviews: Undertake periodic compliance monitoring reviews by executing a compliance monitoring plan tailored to each client’s needs. Other Perform any additional tasks as directed by the Associate Director to support the team and enhance client services. Essential Criteria: Bachelor’s degree in Accounting, Finance, or equivalent fields. HKICPA or Chartered Accountant. Excellent written and verbal communication skills in English and Cantonese in order to communicate with clients. Prior knowledge of the financial industry and regulatory regime in Hong Kong. Previous working experience in a financial industry compliance role, for example with a regulated institution or a compliance consultancy firm. Collaborative attitude, able to work well as part of a team. Desired Criteria: Strong MS Office skills. Sound knowledge of regulatory compliance in Hong Kong. Experience in client facing roles advantageous. Fluency in Mandarin advantageous. Seniority level
Mid-Senior level Employment type
Full-time Job function
Consulting
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