The compliance department is responsible for the definition and consistency of the compliance risk prevention and control framework. Compliance risks consist in know your customer (KYC); sanctions and embargoes (S&E); money laundering and terrorist financing (AML/CTF); customers protection; integrity of the financial markets; countering bribery and corruption, ethics and good conduct; compliance with international tax regulations (e.g. FATCA, CRS); data protection; and ESG (Environmental & Social Governance). The successful candidate will assist the head of Compliance at SG Securities Taipei in overseeing the risks listed above.
Norms: contribute to the definition of the overall normative framework of the Compliance service and monitor its implementation (regulatory watch, global/regional policy developments watch, implement required changes locally)
Management support: contribute to the support senior management of the entity in managing compliance risk and resolving compliance issues
Advisory: advise and alert business leaders on key compliance and regulatory risks affecting their business areas
Compliance Production: assist the compliance manager in running compliance production functions: KYC, AML, S&E, capital market surveillance, control room, and related controls. Exercise oversight of distributed services (e.g. outsourced / offshored).
Awareness: contribute to raising awareness among entity employees regarding compliance risks and the strengthening of the compliance culture
Risk Assessment: Contribute to the mapping and analysis of the compliance risk, including running the compliance risk assessment
Reporting & Committees: assist the head of compliance in consolidating and monitoring significant compliance events in the entity, perform relevant escalation, attend committees relevant to the function (entity management committee, new product committee etc.)
Relationship with authorities: together with the head of Compliance, coordinate relationship with local authorities:
Developing and maintaining a strong working knowledge of the regulatory and exchange rules and regulations applicable to the business
Maintaining an awareness of all contact with regulators relevant to the business, participating personally in meetings with regulators on material matters
Managing timely and accurate responses to regulatory enquiries, liaising with the business and other control and support functions to obtain information as required
Enhancing a strong understanding of current market practices relating to the operations of the business by developing relationships with the compliance community (e.g. other Firms, audit, consulting, legal firms and with trade associations and other industry bodies)
Reporting lines: the role has reporting line to the Head of Compliance for SG Securities Taipei (based in Taipei).