Head of Compliance, North Asia

Head of Compliance, North Asia

Office       Hong Kong

Division   Group Compliance / General Council / Group Legal

This role is responsible to advocate a culture of compliance and lead the development and implementation of the Group compliance programs in the region. This role will provide independent oversight of the compliance function in the region and assess and monitor the adequacy and effectiveness of regulatory compliance controls to mitigate Vistra’s risks.

Key Responsibilities

  • Responsibility for implementation of Group Compliance strategy in the region and associated oversight of regional Compliance matters to ensure alignment.
  • Providing strategic direction and acting as a point of technical compliance delivery for the region to bring the region up to the expected compliance standard of both the Group and any relevant regulators within the region.
  • Develop internal relationships to ensure commitment throughout compliance agendas
  • Oversight of local Compliance functions across the region.  Ensure sufficient resources and training are in place to successfully discharge the objectives of the functions (includes involvement in recruitment and setting KPIs and objectives)
  • Challenge compliance practice and develop and implement strategic and tactical plans for the region in conjunction with Group Compliance.
  • Ensure delivery by local functions of routine compliance monitoring under a defined Group program, and the carrying out of reviews and reporting functions as part of a pro-active risk-based compliance regime.
  • Provide oversight of local compliance functions to ensure regulated entities in the region comply with specific regulatory conditions imposed on licensees, as may be relevant. 
  • Implement Group Compliance and other relevant Group functional policies across the business (insofar as they cover relevant activities).
  • Ensure maintenance by local functions of Compliance manuals, seeking to harmonize these across the region as far as possible. 
  • Contribute to the review of existing and development of new internal forms and compliance processes that can be applied across the region and the SSCs responsible for supporting the region. 
  • Ensure functioning of client risk reviews and maintain up-to-date records of ratings within regional local offices or SSCs as may be relevant.  Promote periodic reviews of files based on clients' risk rating/profile.   Drive remediation process of files review to clear raised audit points;
  • Keep CCO up-to-date with new developments in the legal and regulatory environment.
  • Exercise due skill, care and diligence, observe proper standards of market conduct and deal with any regulators or other relevant stakeholders in an open and co-operative way (as may be required).
  • Championing a culture of compliance within the region
  • Ad-hoc duties/projects assigned by General Counsel and/or CCO

Qualifications and other requirements

The successful candidate should possess the following:

  • Minimum 10 years of compliance experience preferably gained through reputable professional services or financial services firms
  • Minimum degree holder in relevant disciplines, advanced degree preferred
  • Qualified lawyer would be highly regarded
  • Strong Legal and Compliance technical knowledge
  • Able to work in a multi-faceted environment and sensitive to divisional business issues.
  • Methodical with strong analytical skills; ability to interpret and summarize complex information for onward communication to the Executive Committee, the Board and externally as may be required.
  • Consultancy skills in order to be a trusted adviser to the business on Legal and Compliance related issues.
  • Strong influencing skills with the ability to build persuasive cases based on fact and through the strength of leadership ensure that all relevant stakeholders buy into the Compliance strategy.
  • Credible and effective communicator both written and verbal with proven relationships with industry and/or market contacts.
  • Ability to remain calm under pressure and display emotional resilience.
  • Collaborative, strong team-player with demonstrable experience in working within a dynamic organisation and able to build bridges between the different stakeholders within the organisation, division and locations
  • Exceptional attention to detail & programme management experience
  • Excellent people management skills able to lead and motivate large teams

Hong Kong

Vistra (Hong Kong) Limited, 19/F, Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong
+852 2521 3661
+852 2845 9198

How to apply

If you meet the requirements, please send your detailed CV (English) to;

Kevin Ma
+852 2521 3661

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