Assistant Compliance Manager

Longbridge HongKong; Hong Kong; On-site; HKD 600,000 - 900,000; Full time

Job summary

Longbridge HongKong is seeking an experienced compliance professional to provide regulatory advisory and sign-off on new business proposals, products and marketing arrangements. You will focus on AI-related initiatives and ensure compliance with SFC requirements across Type 1, 2, 4, 5, and 9 activities.

The role requires at least 5 years' compliance experience in an SFC-licensed setting, strong knowledge of the Securities and Futures Ordinance, and fluent English and Chinese.

Qualifications

• Bachelor’s degree in Law, Finance, Business, Accounting or a related discipline.
• Minimum 5 years’ compliance experience within an SFC-licensed corporation, bank or professional services firm, with a focus on business/advisory compliance.
• Strong working knowledge of the Securities and Futures Ordinance (Cap. 571), the SFC Code of Conduct, and relevant SFC codes, guidelines and circulars.

Responsibilities

• Provide compliance advisory and sign-off on new business proposals, products, services and marketing arrangements, including new product approval and product due diligence.
• Focus AI related initiatives, advising on regulatory, suitability, disclosure, data and governance implications of deploying AI in the firm’s products, services and business lines.
• Assess regulatory implications of new initiatives across the firm’s SFC regulated activities and advise business units on applicable requirements.
• Review and approve marketing materials, client communications and promotional content for compliance with the SFC Code of Conduct and advertising guidelines.
• Advise on distribution, suitability, conflicts of interest and client onboarding requirements for new business lines.
• Draft, review and maintain relevant policies, procedures and internal controls to support new business, and embed regulatory change into business processes.
• Liaise with front office, legal, product, technology and operations teams to design compliant workflows and controls for new offerings.
• Support engagement with the SFC and other regulators on licensing variations, approvals and enquiries relating to new business.
• Deliver targeted compliance training and guidance to business stakeholders on new products and applicable rules

Skills

Regulatory advisory

SFC regulations knowledge

English and Chinese communication

Education

Bachelor's degree in Law/Finance/Accounting

Job description

Longbridge is an AI-Powered online brokerage that serves global investors with optimal trading experiences through building worldwide trading infrastructure and networks. Established in March 2019, Longbridge holds 22 financial licenses and qualifications across the United States, Singapore, Hong Kong, New Zealand and other regions, having secured over US $150 million in strategic investments from major financial and investment institutions. Its subsidiary, Longbridge Securities (Hong Kong) Limited (CE No.: BPX066), holds Type 1, 2, 4, and 9 licenses issued by the Hong Kong Securities and Futures Commission (SFC)

Key Responsibilities

• Provide compliance advisory and sign-off on new business proposals, products, services and marketing arrangements, including new product approval and product due diligence.
• Focus A.I. related initiatives, advising on the regulatory, suitability, disclosure, data and governance implications of deploying A.I. in the firm’s products, services and business lines.
• Assess regulatory implications of new initiatives across the firm’s SFC regulated activities (e.g. Type 1, 2, 4, 5 and 9) and advise business units on applicable requirements.
• Review and approve marketing materials, client communications and promotional content for compliance with the SFC Code of Conduct and advertising guidelines.
• Advise on distribution, suitability, conflicts of interest and client onboarding requirements for new business lines.
• Draft, review and maintain relevant policies, procedures and internal controls to support new business, and embed regulatory change into business processes.
• Liaise with front office, legal, product, technology and operations teams to design compliant workflows and controls for new offerings.
• Support engagement with the SFC and other regulators on licensing variations, approvals and enquiries relating to new business.
• Deliver targeted compliance training and guidance to business stakeholders on new products and applicable rules

Requirements

• Bachelor’s degree in Law, Finance, Business, Accounting or a related discipline.
• Minimum 5 years’ compliance experience within an SFC-licensed corporation, bank or professional services firm, with a focus on business/advisory compliance.
• Strong working knowledge of the Securities and Futures Ordinance (Cap. 571), the SFC Code of Conduct, and relevant SFC codes, guidelines and circulars.
• Demonstrated experience advising on new products and business initiatives and translating regulatory requirements into practical controls.
• Sound commercial judgment with the ability to balance regulatory risk and business objectives.
• Strong written and verbal communication skills in English and Chinese (Cantonese and/or Mandarin).
• High level of integrity, attention to detail and the ability to work independently under tight timelines.
• Experience in a fintech, online brokerage or wealth management environment.