Ref.: SFC/SM/IS/INT/240328
Intermediaries Supervision Department is seeking a high calibre candidate to join as Senior Manager to support its changing profile of work.
You will be part of a team to supervise intermediaries, with a focus on conduct, financial and operational risks. In addition to supervising firms in the traditional financial sector, the team also have fintech related work, including virtual assets and tokenisation.
Duties & Responsibilities:
- Supervise hedge fund managers, virtual asset fund managers, mutual fund managers, retail brokers as well as credit rating agencies, and identify risk issues proactively
- Provide thought leadership in evaluating the key business drivers and risk profile in the asset management and broking sectors, including key risks arising from different investment strategies
- Support the evaluation of applications to operate virtual asset trading platforms as required
- Interact dynamically with senior management of intermediaries, communicate regulatory standards and policies to intermediaries and stakeholders
- Proactively identify market-wide, industry and firm-specific risk issues and assess their impact on intermediaries
- Monitor global and local market developments, and assess intermediaries’ practice and controls
- Support the Commission’s participation in global initiatives of the Financial Stability Board and IOSCO, interact with major overseas regulators directly on policy and supervisory matters
- Help develop local policy initiatives and supervisory priorities
Requirements:
- Have at least 8 years of experience in financial and operational controls in capital markets activities and trading risk management, gained in top tier global financial institutions
- Experience in both sell side and buy side as well as working knowledge in multiple asset classes including OTC derivatives will be an advantage
- High degree of familiarity with hedge fund strategies, operational practice and investor demands
- Good knowledge of SFC regulation
- Good at defining problems, developing analysis, articulating views, and responding to objections
- Be able to leverage market and technical experience to challenge business practice
- Be versatile, have an agile mind, and be able to adapt to fast-paced international policy developments
Desirable attributes
- Working knowledge of virtual assets or retail brokers
Please quote the reference and apply by 12 April 2024 with details of qualifications, previous experience, current and expected salary to:
Recruitment Manager
Securities & Futures Commission
54/F, One Island East,
18 Westlands Road, Quarry Bay, Hong Kong
(E-mail address : is_recruit@sfc.hk)
All applications will be handled in strict confidence by authorised personnel and will only be used for recruitment related purposes. Applicants who do not hear from us within six months from the application deadline may consider their applications as unsuccessful. All information on unsuccessful candidates will be destroyed after six months.
We are an EQUAL OPPORTUNITY EMPLOYER.
Last update: 28 Mar 2024