Compliance & Operations Risk Analyst - Bilingual Japanese

APA International Placement Consultants; New York (NY); On-site; USD 120,000 - 140,000; Full time

Job summary

An esteemed international banking organization is seeking a Compliance & Operations Risk Analyst to join their dynamic Global Markets Unit. This pivotal role involves managing compliance and operational risks related to FX, Fixed Income, and Derivatives trading. The ideal candidate will possess a strong background in finance, excellent bilingual communication skills in English and Japanese, and advanced proficiency in Microsoft 365. You will play a crucial role in ensuring adherence to regulatory requirements, preparing customer profiles, and assisting with various compliance tasks. This is an exciting opportunity to contribute to a prestigious firm where your expertise will directly impact operational integrity and risk management strategies.

Benefits

Full benefit package

Qualifications

• 5+ years in finance or related fields with a focus on compliance and operational risks.
• Bilingual in English and Japanese with advanced Microsoft 365 skills.

Responsibilities

• Prepare Customer/Account Profiles and manage compliance tasks.
• Ensure adherence to Volcker Rule requirements and assist with audits.

Skills

Bilingual in English and Japanese

Operational Risk Management

Compliance Knowledge (BSA/AML, FATCA)

Credit Line Management

Project Management

Education

Bachelor’s degree in Finance or Economics

Equivalent experience in data processing and programming

Tools

Microsoft 365 (Excel, Word, Outlook)

Visual Basic Application

Access

PowerPoint

Job description

Compliance & Operations Risk Analyst $120k-140k

Prestigious International Banking Organization seeks bilingual Japanese Risk Management Analyst to structure regarding compliance and operational risks within the Global Markets Unit (GMU) to cover FX, Fixed Income and Derivatives products trading.

Performs tasks concerning credit line management, BSA/AML, corporate and FATCA compliance matters, and regulatory matters. Prepares Customer / Account Profiles (existing and new accounts), performs account maintenance and assists traders with necessary risk management and infrastructure management. Liaison with Head Office. Assists with administrative tasks.

Volcker Rule Responsible Officer (Secondary)

Helps to ensure compliance with all applicable Volcker Rule requirements.

Duties and Responsibilities:

1. Primarily responsible for preparing Customer / Account Profile for all GMU existing Customers and uploads on Surety system.
2. Primarily responsible for on-boarding account opening process for adding proposed GMU Customers.
3. Performs transactions / counterparties review and prepares monthly reports.
4. Performs / assists as a trading system administrator and reviews permission functions.
5. Acts as the designated responsible officer and ensures BSA/AML, corporate and FATCA compliance by performing tasks stipulated in Treasury Compliance Procedures manuals and related manuals.
6. Performs operational risk management, manages various project teams as assigned, as well as developing better internal controls.
7. Assists with regulatory updates for GMU.
8. Assists with legal documentation for GMU.
9. Maintains GMU’s procedure manuals up to date, and track changes.
10. Assists with internal audit, FRB / NYSDFS examinations, and manages compliance testing.
11. Ensures proper credit line and counterparty management.
12. Liaison with Head Office.
13. Abides by all compliance related procedures.
14. Performs other duties and responsibilities as assigned by management.

Volcker Rule Responsible Officer (Secondary)

1. Act as the secondary Volcker Rule Responsible Officer for GMU.
2. Responsible for (i) ensuring that all trading desks’ activities are in compliance with the Volcker Rule; (ii) keeping up with any changes and new developments related to Volcker Rule provisions affecting the activities of GMU; and (iii) ensuring that the Market Making Desk, ALM Desk and Investment Desk Policies and Procedures remain in compliance with the applicable requirements of the Volcker Rule.
3. Performs other duties and responsibilities as assigned by General Counsel, Americas/Senior Executive Vice President.

Requirements

Knowledge, Skills, and Abilities:

1. Bachelor’s degree or equivalent in finance, economics, data processing and programming preferred with 5+ years of related experience.
2. Bilingual oral and written skills on a business level in both English and Japanese.
3. Advanced in Microsoft 365 (Excel, Word, and Outlook). Good knowledge of Visual Basic Application, Access, and Power Point preferred.
4. Knowledge and experience of FX, Derivatives, and other market products and services preferred.
5. Knowledge of ISDA and CSA preferred.
6. Prior work experience in a financial institution preferred.

Benefits: Full benefit package.