Asset Management - Group Compliance - Assistant Compliance Manager

JOB CONTENT

The compliance department will ensure that financial security rules, protection of clients’ interest, professional ethics, prevention of market abuses, and compliance governance are adhered to.

In this function, the compliance officer’s role is to report to the Head of Compliance, Malaysia and assist in performing compliance monitoring & controls on the business functions in the organization.

KEY RESPONSIBILITIES

• Seek to ensure that the local BNPP AM businesses operate in conformity with all applicable laws and regulations as well as BNPP AM and BNPP Group policies and procedures so as to mitigate risks.
• Work closely with the local Head of Compliance to establish an appropriate compliance culture within the business.
• Stay up to date with regulatory and legal changes in the investment management industry and understand how the changes will affect the organization. Assist in the execution of an action plan that will ensure that the organization complies with regulations and laws.
• To work with local Head of Compliance to ensure all BNPP AM and BNPP Group compliance and operational control policies are communicated to the business and implemented in the BNPP AM Malaysia Businesses.
• Ensure the application of compliance strategies and policies implemented by the group.
• Assist in the execution of a robust compliance monitoring program locally which is aligned with the BNPP AM compliance standards including ensuring that outsourced activities are monitored satisfactorily and notified to regulators as necessary.
• Contributing to the CRMS exercise, including the control plan testing, independent testing and any other control testing rolled out by the BNPP AM Group
• Support to the completion of the RCSA exercise and ARMOR controls as necessary
• Compile the necessary information required for regulatory reporting, board & local committee reporting and group reporting
• Monitoring investment compliance activities to ensure they comply with the necessary guidelines/restrictions as well as internal policies.
• As the position ensuring the 2nd level of control as defined in the financial security framework and Financial Security Generic Control Plan;
  • To provide a staff training and advisory service to the business on financial security topics (KYC, AML, Sanctions screening)
  • To provide a compliance opinion/risk assessment on KYC files and PEP/Sanctions alerts requiring an intervention.
  • To perform a second level control per the FS Control plan, to assess and report on the adequacy of the local Financial Security framework
• Conduct 2nd level controls on the compliance domains in accordance with respective control plans covering Professional Ethics, Protection of Client's Interest, Market Integrity, Regulatory, etc 
• To assist in the onboarding of new joiners including collecting the relevant declaration forms and conducting the new joiner training
• To support Head of Compliance for compliance matters of BNPP AM Najmah Malaysia including shariah compliance monitoring and submission of tax certifications to the regulators
• To support Head of Compliance on any other ad hoc projects or transversal coverage as necessary

• Internal: Global, Regional, & Local Heads for Compliance, Local CEO, Legal team, Investment Risk team, Operational Risk & Control, Operations / Middle- Offices, Service Providers, Internal Auditors
• External: Local regulatory bodies, External Auditors, Industry Associations

• University graduate in law, accounting or other relevant disciplines. Auditing and regulatory experiences desirable, but not essential.
• Minimum of 5 years of compliance experience in the local market, preferably with an international asset management company.
• Good knowledge of guidelines & regulations affecting the fund management industry
• Team player with good communication skills