Asia Pacific Compliance Monitoring Senior Manager

About the OpportunityJob Type: Permanent

Application Deadline: 02 December 2024

Job Description

Title Asia Pacific Compliance Monitoring Senior Manager

Department Compliance Monitoring - Product and Distribution

Location Hong Kong

Reports To Head of Product & Distribution Compliance Monitoring APAC

Level 6

We’re proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join our Compliance team and feel like you’re part of something bigger.

About your team

APAC Product & Distribution Compliance Monitoring is a regional function, forming part of Fidelity’s Global Compliance Monitoring team, responsible for providing independent and risk-based compliance monitoring and assurance for Fidelity’s asset management business activities across the APAC region. The team covers a very wide range of regulatory and corporate compliance matters.

About your role
This role supports the planning, delivery and execution of the compliance monitoring and assurance programme across the APAC region. It is therefore a regional role, and although the role is located in Hong Kong, it offers significant exposure to regulatory issues in other parts of the region. The key responsibilities of the role are:

• Actively support development and execution of the compliance assurance framework to ensure delivery of high-quality monitoring and assurance across various products, business lines and distribution channels for Fidelity in APAC
• Conducting risk-based, limited focus and regular ongoing testing/ monitoring
• Participating in more in-depth monitoring reviews, sometimes covering complex areas of the business, providing assurance that business controls are aligned with regulatory requirements
• Ensuring all working papers are properly prepared, and that suitable and clearly presented recommendations are made when necessary
• Ensuring timely and appropriate escalation of issues and tracking actions to ensure effective and timely implementation
• Actively support creation and ongoing maintenance of “regulatory footprint” mapping for all jurisdictions and ensure that a consistent regulatory risk assessment methodology is applied to Fidelity’s legal entities and business activities across the region
• Maintaining an appropriate level of technical understanding of relevant regulation and keeping abreast of regulatory changes and developments and upcoming changes in regulatory and market practices
• Conducting investigations and other ad-hoc projects as required
• Producing metrics for senior management
• Building relationships with the relevant business areas and other oversight groups, particularly in relation to the planning and implementation of reviews
• Co-ordinating with other compliance teams in relation to monitoring work carried out in overseas offices, where appropriate

About you

• Experience in an asset management compliance role or in a professional services firm or regulator with exposure to asset management matters.
• A law degree, legal qualification, or other experience in a legal function would be an advantage.
• Strong communication and inter-personal skills. This role must be able to work with team members and internal stakeholders across various levels and in different offices/ locations.
• Strong eye for detail with the ability to produce accurate, well-structured reports according to deadlines.
• Strong analytical skills, problem-solving ability and attention to detail.
• Ability to plan, organise, co-ordinate and work well under pressure and remain motivated while completing routine tasks.
• Ideally, familiarity with data extraction/ analysis tools.
• Strong English language skills with experience in report writing for a management audience.

Feel rewarded

For starters, we’ll offer you a comprehensive benefits package. We’ll value your wellbeing and support your development. And we’ll be as flexible as we can about where and when you work – finding a balance that works for all of us. It’s all part of our commitment to making you feel motivated by the work you do and happy to be part of our team. For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.