Associate, Hong Kong Compliance – Licensing
Location: HK-Hong Kong-Hong Kong-One Island East / 31141
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com
Global Compliance plays a critical role in the successful execution of the Firm’s compliance mission. The Compliance function ensures the development and maintenance of a strong compliance culture by developing and maintaining program infrastructure that identifies, measures and monitors compliance with applicable laws, regulations and rules that govern our business globally. Compliance teams work closely with business, legal, risk, and audit functions to provide expertise on regulatory compliance matters, assess and measure compliance and related risks, and monitor and test the adequacy of the firm’s compliance control environment.
The Licensing Team within the Hong Kong Compliance handles and provides advice on the licensing and registration matters, and monitors compliance with applicable local regulatory requirements in Hong Kong.
We are currently looking for an individual with relevant experience to join the Hong Kong Compliance Licensing Team to handle the licensing and registration matters and manage compliance risks.
As Compliance Associate, the roles and responsibilities would include but not limited to:
Handle SFC and HKMA individual licensing and registration applications, cessations, regulatory notifications, and monitor / track the compliance of continuous professional training and regulatory examination
Assist in advising the business on licensing needs and local regulatory requirements
Liaise with local regulators, business stakeholders and Line of Business compliance to handle regulatory requests, inquiries, reporting and investigations concerning licensing and registration matters
Assist in establishing and maintaining internal control processes and procedures to strengthen work efficiency and effectiveness, and ongoing monitoring of compliance with local regulatory requirements
Handle MIS reporting and compliance reminders
Conduct User Acceptance Testing of licensing system implementation
All businesses, Lines of Business Compliance, and other corporate and control functions within the JPMC Group.
The Hong Kong regulators - HKMA and SFC
QUALIFICATIONS REQUIRED FOR THE ROLE
Native written and spoken English
Native spoken Cantonese
Degree qualified with minimum 3 years of relevant experience gained within banking, financial, legal, compliance, regulatory or audit environment.
Previous experience with HK licensing and/or business advisory an advantage
Good knowledge of Hong Kong licensing rules and regulations, financial products, and awareness of financial regulatory environment preferred
Excellent communication skills (written and verbal) and interpersonal skills with an ability to interact with all levels of management and staff.
Strong analytical and problem-solving skills
Ability to work independently
A team-player, initiative, self-motivated fast learner
Control-focused, detail oriented, organized and efficient
Ability to prioritize multi-task, determine priorities, work under pressure and handle confidential and sensitive information in a professional manner in a fast paced deadline driven environment.
Flexible and adaptable to dynamically changing work processes and environment
Computer skills – proficient in Microsoft Excel and Access database
- Internal Control
- Microsoft Access
- Microsoft Excel
- User Acceptance Testing