Manager / Senior Manager, Advisory Compliance (Equities)

TD Bank Financial Group; Hong Kong; On-site; HKD 600,000 - 1,000,000; Full time

Job summary

TD Bank Financial Group is seeking a Manager / Senior Manager, Advisory Compliance (Equities) in Hong Kong. The role focuses on compliance activities for the equities business, including cash equities, equity derivatives and prime brokerage, with guidance to trading desks and collaboration with global Advisory Compliance teams.

The candidate will build business relationships, assess proposals under regulatory requirements, and provide timely real-time advice while developing policy and training

Qualifications

• Minimum of 15 years of demonstrated relevant experience in the industry.
• Solid understanding of Equities markets, products and business practices, with knowledge of Fixed Income preferred.
• Independent, self-starter skilled in identifying risks, managing stakeholders, and providing solutions.
• Familiar with industry standards and regulatory guidance.

Responsibilities

• Provide advisory compliance for equities businesses including cash equities, equity derivatives and prime brokerage.
• Build and maintain relationships with the business and control functions and guide junior team members.
• Assess new proposals against laws, regulations and exchange rules; coordinate with global teams.
• Deliver real-time regulatory guidance for proposed transactions and respond to regulatory requests.
• Create and deliver training on market abuse, venue rules and relevant topics.

Education

15+ years experience in the industry

Job description

Manager / Senior Manager, Advisory Compliance (Equities)

We're committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

Department Overview

The mandate of the TD Compliance Department is to manage compliance risk across TD globally to align with the policies established and approved by the TD Board of Directors' Audit and Risk Committees. It is the Compliance Department's responsibility, as proactive and trusted advisors to Businesses, to drive a consistent, adaptable and effective culture across the organization so that compliance risks are appropriately mitigated. Compliance Department responsibilities generally are to advise, monitor, and elevate.

Job Description / Accountabilities:

The Senior Manager Advisory Compliance will have responsibility for Compliance activities relating to the equities businesses and is therefore expected to be a product specialist.

Expert knowledge of the Equities business (cash equities, equity derivatives and prime brokerage), with a good understanding of the equities business rules and regulations in the APAC region.

Quickly build an understanding of the business lines, including booking models, products, transaction types and nature of business, covering and providing advice to multiple trading and sales desks.

Build and maintain relationships with the business, as well as support and control functions. Be able to manage those relationships in a professional manner to maintain Compliance independence.

Provide guidance to more junior members of the team.

Assess new business proposals versus pertinent laws, regulatory requirements and exchange rules including coordinating with global Advisory Compliance teams where required.

Advise the business and other internal stakeholders regarding interpretation and implementation of new regulatory developments/requirements.

Provide real-time advice to the business regarding proposed transactions in a timely manner.

Assist internal stakeholders where required with product and/or market expertise, such as Trade Surveillance, Risk, Internal Audit, Operational Risk, Operations.

Create and deliver training to the business and other functions as required, covering topics such as market abuse, trading venue rules and other topics pertinent to specific business lines.

Draft and implement Advisory Compliance policies and procedures,

Review escalations of potential market abuse from internal trade surveillance partners, the business and others. Provide analysis and reasoning to senior management as required to assist in escalation decision making, including preparation for potential STOR submissions.

Assist with responding to any relevant regulatory requests.

Educational Requirements / Accreditations / Other Qualifications / Skills / Experience:

Minimum of 15 years of demonstrated relevant experience in the industry. Knowledgeable of regulations and industry best practices.

Solid understanding of Equities markets, products and business practices with at least 5 years of product experience. Additionally, in-depth knowledge of one or more areas of Fixed Income is preferred.

Independent, self-starter skilled in identifying risks, managing stakeholders, and providing solutions.

Familiar with relevant industry standards and statements of good practice, particularly market rules and relevant codes and guidance.