- Location
- Hong Kong
- Type
- Full-time
- Department
- IT
- Seniority
- VP
- Experience
- 3+ years
- Education
- Bachelor
- Source
- Workday
Description
About Us:
Huatai International Financial Holdings Company Limited (“Huatai International” or “the Company”), is the only overseas wholly-owned or controlled subsidiary of Huatai Securities. Huatai International is the Huatai Group’s international arm which plays as a crucial role in the group's internationalization strategy by:
a) not only providing offshore capital market services (and a global business platform) but also provides onshore clients with valuable cross-border capital market services (aligned with the mainland China government’s policies and commercial intentions);
b) actively making use of Huatai Securities’ leading position, distribution network and customer base in mainland China;
c) integrating on a global basis across many jurisdictions and regions, a successful and fully integrated international financial platform with innovative financial services solutions.
Huatai International operates as a holding company for consolidating all of the group’s cross-border businesses and companies under one umbrella, offering a truly unified and international business platform. In recognition of such international strength, the renowned international rating agency Standard and Poor’s has assigned Huatai International a “BBB+” rating (for long term) and “A-2” (for short-term).
Position Objectives
Manage day-to-day business compliance matters within the business department across wealth management and securities activities. Review business agreements and coordinate ISDA documentation and OTC derivatives business processes, implement applicable SFC requirements in daily operations, and maintain business procedures and controls. Act as the business contact for Legal, independent Compliance, Risk Management and Operations; final legal advice and independent control approvals remain with the designated functions.
Key Responsibilities
Business agreement review. Review client service, business cooperation, distribution, referral and counterparty agreements from the business department perspective. Assess commercial terms, service scope, authority, responsibilities, fees, disclosures and operational feasibility; identify deviations from approved templates, coordinate comments and negotiations with Legal and Compliance, and track approvals, signing and document retention.
SFC regulatory implementation. Work with independent Compliance to assess the business impact of applicable SFC requirements and implement them through departmental procedures, approval controls and staff guidance. Maintain implementation records, monitor completion of action items and escalate regulatory interpretation questions or material compliance gaps.
ISDA documentation and business coordination. Be familiar with the workflow for ISDA Master Agreements, Schedules, Credit Support Annexes (CSAs) and transaction confirmations, from documentation initiation and business-term review through internal approvals, negotiation coordination, execution and trading readiness. Coordinate with Legal, Compliance, Risk, Trading and Operations on permitted products, counterparty eligibility, credit limits and collateral arrangements. Track outstanding conditions, amendments and documentation obligations; escalate legal interpretation and enforceability matters to Legal.
Departmental procedures and compliance management. Establish and update departmental business procedures, agreement approval matrices and documentation standards. Support compliance review of new products, business models, distribution arrangements and marketing materials. Monitor implementation of approved requirements on business scope, investor classification, suitability, disclosures and conflicts; track exceptions and remediation and coordinate audit or inspection information with independent Compliance.
Business implementation and training. Translate approved agreement terms and compliance requirements into practical workflows and controls. Coordinate business issues across internal teams, support system enhancements and UAT where needed, and provide practical guidance and training to business colleagues.
JOB SPECIFICATION
· Bachelor degree in Law, Finance, Business, Compliance or a related discipline.
· Minimum 3 years of relevant business compliance management, business management, agreement review or regulatory implementation experience within securities, wealth management, private banking or financial markets businesses.
· Hands-on experience supporting ISDA documentation and OTC derivatives business workflows, including Master Agreements, Schedules, CSAs, internal approvals, execution tracking and trading readiness; practical business agreement review experience is required.
· Solid understanding of applicable SFC conduct requirements, licensed business scope, product distribution, investor classification, suitability, disclosures and conflicts management. Relevant legal or compliance qualifications preferred.
· Ability to assess agreement terms from a business and operational perspective, coordinate Legal and Compliance reviews, and translate approved requirements into departmental procedures. Strong drafting, issue tracking, judgement and cross-functional coordination skills.
· Fluent written and spoken English and Chinese; Mandarin and Cantonese capabilities preferred.