Head of Compliance

BGC Group; Hong Kong; On-site; HKD 1,200,000 - 1,800,000; Full time

Job summary

BGC Group in Hong Kong is seeking a strategic Head of Compliance to lead the Hong Kong compliance function and report to the APAC Head of Compliance in Singapore. The role oversees advisory, training, monitoring and financial crime, working closely with SFC and HKMA to ensure regulatory alignment.

You will manage a small team, drive risk assessment processes, and support business units on new products and cross-border matters, while promoting a proactive compliance culture across the group.

Qualifications

• 10+ years of experience in legal or compliance within a financial services organisation with at least 5+ years people management experience.
• Proven ability to communicate with senior management across regions.
• Strong leadership to motivate and guide the compliance team.
• Ability to articulate complex regulatory matters clearly.
• Strong regulatory technical skills in respect of SFC/HKMA regulations.
• Knowledge of bonds, custodian services, energy products and OTC products is a plus.

Responsibilities

• Lead the Compliance team in Hong Kong and raise the reputation of the function.
• Ensure entities in Hong Kong comply with relevant laws and regulations; advise businesses on regulatory implications.
• Manage group rationalisation and ad hoc projects.
• Develop an integrated compliance approach across the Asia Pacific region.
• Support country and regional management with training and policy implementation.
• Collaborate with Heads of Compliance in APAC, EMEA and the US to align global policies.

Skills

Regulatory compliance

Leadership

Stakeholder management

SFC/HKMA knowledge

Communication skills

Risk assessment

Cross-border/regulatory

Training & development

Commercial acumen

Job description

Headquartered in London and New York, BGC Group (NASDAQ: BGC) is a leading global brokerage firm providing integrated voice and electronic services to wholesale market participants. We offer a full range of brokerage services across fixed income, rates, foreign exchange, equity derivatives, credit derivatives, futures and structured product markets.

Role Title: Head of Compliance, Hong Kong

About the role:

We are seeking a Head of Compliance, Hong Kong to work in a highly commercial role supporting senior management in dealing with a wide range of regulatory matters. The successful candidate will be supervising and leading two junior Compliance officers based in Hong Kong and will report directly to the APAC Head of Compliance based in Singapore. He/She will be responsible for all Compliance matters across all BGC Group Hong Kong entities.

In addition to providing practical and commercial regulatory advice, this officer will be the main interface with SFC & HKMA and will be expected to ensure the delivery of high-quality compliance services including advisory, training, monitoring and financial crime.

In an advisory capacity, the Head of Compliance, Hong Kong will be expected to guide and support the Compliance team and the businesses in their operations, including customer transactions, new products and services, and a range of cross-border and domestic issues.

Job Responsibilities:

• To lead the Compliance team in Hong Kong and develop and promote the reputation and standing of the Compliance function;
• To ensure that the entities in Hong Kong (i.e.: BGC, Sunrise, GFI and all other affiliates) operate in compliance with relevant legislations/regulations, by providing advisory support to the business and Compliance team in the various locations, on regulatory implications of business decisions;
• To manage rationalisation and ad hoc projects of the Group;
• To help develop a proactive, integrated compliance approach interacting with staff of all levels of seniority in the Asia Pacific region to promote the desired culture and behaviours;
• To guide and support the Compliance officers in Hong Kong in developing a compliance risk assessment process covering the main activities relevant to managing compliance risk and implementing robust compliance monitoring/desk review programme;
• To support country and regional management through the provisions of training and identification, evaluation and resolution of compliance risk as well as implementation of policies;
• To work closely with the other Heads of Compliance in APAC, EMEA and the US and align global policies and procedures.

Job Requirements:

The candidate may be currently in-house with a financial service firm or in private practice. He or she will be based in Singapore or Hong Kong.

• 10 years or more of previous experience in legal or compliance within a financial services organisation with at least 5+ years people management experience
• Effective communication skills with ability to build strong working relationships with senior members of staff throughout the region;
• Strong leadership experience to be able to lead and motivate the Compliance team;
• Able to articulate complex matters in a clear and concise way;
• Strong regulatory technical skills in respect of SFC/HKMA regulations
• Some knowledge of bonds and custodian services, energy products (including futures contracts) and OTC products (such as FX forwards and swaps products) is a plus
• Ability to achieve results and drive business initiatives;
• Excellent leadership & interpersonal skills;
• Well organised and have a strategic view of commercial risks;
• Enthusiastic about being closely involved with the business and applying their existing knowledge to new and challenging situations;
• Approachable, adaptable and commercial in approach.

Please note that all data collected will be treated strictly confidential and used for recruitment purpose only. We regret that only shortlisted candidates will be contacted.