Associate Director, Research Compliance - Regulatory Compliance

  • Competitive
  • Hong Kong Hong Kong Hong Kong HK
  • Permanent, Full time
  • HSBC
  • 19 May 18 2018-05-19

Associate Director, Research Compliance - Regulatory Compliance

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As part of Global Risk, Regulatory Compliance ensures adherence to applicable regulations and standards by setting the policies which cover HSBC's regulatory requirements, and mitigate conduct and reputational risk issues. The team strives to remain ahead of the regulatory change agenda and ensures the business understands the implications and is prepared for change. It monitors how the Global Businesses and Functions manage their responsibilities with regard to complying with the regulations and helps resolve compliance deficiencies.

We are currently seeking a high caliber professional to join our team as Associate Director, Research Compliance.

Principal responsibilities

  • Managing and review industry gatekeeping, managing daily multiple requests from various Departments of the bank to access our analysts, ensuring this occurs in a compliant fashion.
  • Corporate client access to access, ensuring these regular requests are handled in a compliant fashion
  • Deal chaperoning, ensuring all discussions and indeed written communications between bankers and our analysts are chaperoned to protect research independence and to generally act as a product manager for each deal from a Research Perspective
  • Managing the vetting and Investor Education report generation cycle, including managing expectations and ensuring compliant interactions with Equity Capital Market or Debt Capital Market and Investment Banking, monitor all deal related emails between bankers and research.
  • Maintain deal status communications with Equity Capital Market and Debt Capital Market
  • Responsibility for reviewing Research Guidelines and liaising with Deal Counsel
  • Oversee the monitoring, all Reuters Messaging chat, Regional Sales or Trading group emails, Research Bloombergs and evidential spot checking individual email for inappropriate content
  • Approving Permanent and Temporary Type 4 HKMA Regulated Activity licenses from a Fit and Proper person perspective, as well as compiling all required supporting materials to instruct Human Resource to liaise with the HKMA. Liaise with Human Resource to manage departure requirements.
  • Monitoring all research related issues in the region including Hong Kong, Taiwan, Korea, Japan, India, Singapore, Australia, China Rep Office liaising with local compliance staff and local research management and analysts.
  • Assess whether training undertaken by Hong Kong licensed analysts qualifies for CPT approval and liaise with Training and Development in this regard
  • Clearing research, at present as primary resource to do this more often than not, mindful of local and global legal risk, reputational risk, MNPI and insider dealing considerations
  • Escalate all appropriate issues to compliance locally and globally and manage the local mitigation approaches to risk.
  • Ensure Share Dealing Restriction list updates are in place at publication
  • Liaise with compliance for Global Markets and Global Banking regularly as appropriate on issues for example checking trading history.

  • Experience dealing with core Research Compliance activities including standards for content, analyst conduct and an understanding of conflicts of interest surrounding the interaction of different businesses with research analysts.
  • Understanding of the structure of research and experience with reviewing research reports for conflict of interest.
  • Possesses strong leadership qualities and is a strategic thinker.
  • Excellent communication and interpersonal skills, with experience dealing with employees at all levels and across country or regional borders, including the capacity to articulate the case for policy changes.
  • Experience dealing with regulatory and internal control matters.
  • Experience interpreting and analyzing a large volume of information and data and providing a succinct summary for management.
  • Ability to lead change and influence Compliance colleagues to embrace new approaches for the production and review of research and other written materials.

You'll achieve more when you join HSBC.

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

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