Responsible Officer (Type 1,4,9)

Tung Yat Secuities Limied; Hong Kong; On-site; HKD 900,000 - 1,200,000; Full time

Job summary

Tung Yat Secuities Limied seeks an experienced regulatory professional to serve as the approved Responsible Officer for SFC Type 1, 4 and 9 activities. You will oversee licence maintenance and post-licensing obligations, establish robust compliance manuals, and manage risk across dealing, advisory and asset-management businesses.

Responsibilities include supervising licensed reps, liaising with the SFC, and preparing timely regulatory disclosures.

Qualifications

• Experience with SFC RO approval requirements.
• Strong understanding of SFC Code of Conduct.

Responsibilities

• Act as approved RO for SFC Type 1, 4 and 9 regulated activities.
• Oversee licence maintenance, variation, annual returns and post-licensing obligations.
• Establish, implement and review compliance manuals, policies and risk frameworks.
• Monitor day-to-day activities including KYC/CDD/EDD, AML/CFT, client asset protection, trade execution and portfolio management.
• Conduct periodic compliance reviews, risk assessments and remediation; identify and mitigate risks.
• Ensure LR compliance with SFC requirements and internal policies.
• Serve as main liaison with SFC and Hong Kong regulators.
• Prepare and submit regulatory notifications, periodic returns and disclosures timely.
• Respond to SFC queries and inspections; manage remedial actions.

Skills

SFC regulations

Regulatory compliance

Risk management

Internal controls

Leadership/supervision

English & Mandarin

Education

Bachelor's degree in Finance/Accounting/Law/Economics

Job description

-Act as the approved Responsible Officer for SFC Type 1, 4 and 9 regulated activities and assume ultimate supervisory responsibility for the conduct of securities dealing, securities advisory and asset-management businesses

-Oversee licence maintenance, variation, annual returns and all ongoing post-licensing obligations to the SFC

-Establish, implement, review and update compliance manuals, internal control policies, operational procedures and risk-management frameworks covering Type 1/4/9 businesses

-Monitor day-to-day business activities, client on-boarding (KYC/CDD/EDD), AML/CFT, client-asset protection, financial-resources rules, trade execution and portfolio management

-Conduct periodic compliance reviews, risk assessments and gap remediation; identify, escalation and mitigate compliance and operational risks

-Ensure all Licensed Representatives (LR) perform their duties in compliance with SFC requirements and internal policies

-Serve as the primary point-of-contact with the SFC and other relevant Hong Kong regulators

-Prepare, review and submit all regulatory notifications, periodic returns, reports and disclosures in a timely and accurate manner

-Respond fully and promptly to SFC queries, inspection requests and follow-up actions; manage regulatory inspections and remedial plans

Requirements:

-Currently approved, previously approved, or immediately eligible for SFC approval as a Responsible Officer for Types 1, 4 and 9.

-Meet SFC RO experience requirement: minimum 3 years of relevant experience within the last 6 years for the respective regulated activities

-Minimum 3 years of relevant hands-on experience in securities dealing, securities advisory, asset management, compliance or related regulated activities.

-Proven track-record of supervising regulated activities, implementing internal-control frameworks and liaising with the SFC

-Sound knowledge of the Securities and Futures Ordinance, SFC Code of Conduct and requirements applicable to licensed corporations.

-Bachelor's degree or above in Finance, Accounting, Law, Economics or a related discipline

-Excellent spoken and written English and Mandarin, Cantonese is an advantage