Operational Responsible Officer (Type 1 & 4) Operational Responsible Officer (Type 1 & 4) …

The Core Securities Company Limited
in Hong Kong
Permanent, Full time
Last application, 25 Feb 21
Five-day work week, Medical & Dental Insurance, Performance Bonus
The Core Securities Company Limited
in Hong Kong
Permanent, Full time
Last application, 25 Feb 21
Five-day work week, Medical & Dental Insurance, Performance Bonus
Formulate and update the operations procedure Participate in investment products launch Conduct investment research and analysis

Responsibilities

  • Responsible Officer overseeing day-to-day operations of Type 1 and 4 regulated activities
  • Actively participate in all operations matters in respect of Type 1 and 4 regulated activities
  • Act as either maker or checker in the daily operations of Type 1 and 4 regulated activities
  • Provide operational support to front-line staff in executing transactions in respect of Type 1 and 4 regulated activities
  • Formulate, review and update the operations procedures to comply with applicable laws, rules, regulations and requirements that may be imposed by regulators from time to time
  • Attend to the requests or inquiries from regulators as may be directed by the senior management and/or compliance department
  • Conduct internal trainings for other responsible officers and licensed representatives on the latest update from regulators in respect of Type 1 and 4 regulated activities
  • Perform daily stock trading checks and complete disclosure of interest forms
  • Conduct research and analysis in respect of Type 1 and 4 regulated activities
  • Report to senior management on the issues identified in the business operations
  • Monitor daily Type 1 and 4 business operations to ensure the workflow complies with the relevant rules and regulations
  • Assist the senior management and compliance department in implementing the policies and procedures in the daily Type 1 and 4 business operations 

Requirements

  • Minimum 5 year experience in carrying out Type 1 & 4 regulated activities as Operational RO
  • Unconditional Type 1 & 4 RO, SFC licenses are prerequisite (unconditional status for at least 2 years)
  • Minimum 3 years of trading experience in HK and US stocks is required
  • Familiar with settlement procedures of Hong Kong, US stocks and mutual funds
  • Familiar with private placement, cross trade, block trade, bonds trading, mutual funds trading, and placing and underwriting of securities associated with Type 1 regulated activities
  • Familiar with tax and stamp duty issues in respect of stock transactions
  • Familiar with the pre-trade and post-trade control measures
  • Familiar with applicable laws, rules, regulations and requirements for carrying out Type 1 and 4 regulated activities, and fully understand the expectations of the regulators on licensed corporations from compliance perspective  
  • Understand different types of securities accounts. Familiar with securities account opening requirements and procedures, including but not limited to, online account opening
  • Familiar with online electronic trading platform operations
  • Familiar with anti-money laundering (AML) and know-you-client (KYC) requirements for account opening and ongoing monitoring
  • Knowledge of stock options administration and brokerage is preferred
  • Strong business sense and in-depth knowledge of Type 1 regulated activities
  • Proactive, good interpersonal skill and able to work under pressure
  • Work efficiently with other departments, including but not limited to, compliance department, accounting department and settlement department
  • Bachelor degree holder
  • Fluent in speaking and writing skills in both English and Chinese languages
  • Working Location : Central

 

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