Compliance Officer

About the role

This role is expected to be a trusted adviser, business partner, and key stakeholder to support the compliance matters in China. This candidate will be working with the China Head of Compliance and Data Protection Officer on the operation level and is also part of the Compliance function in the Asia region. Primary responsibility is vested in China and to ensure all activities conducted by Apex China practices adhere to local regulatory and statutory requirements, as well as complying with Apex Group's policies. This candidate will also be working closely with our regional support hub in Dalian providing compliance reporting and coordination support to the Compliance teams in Asia. Insofar as the China compliance coverage is concerned, this will normally include tasks such as drafting, updating & implementing compliance policies, programme and procedures and the monitoring thereof, conduct monitoring and testing of the business operations on regular basis, completing internal and external compliance reports, and fostering compliance awareness throughout the organization in alignment with Apex's global standards and principles. Job specification Ensure that Apex China practices are fully compliant with relevant laws and regulations. Support management and Business in managing regulatory risks, including AML and terrorist financing. Advise on AML & CDD due diligence, PEP, and sanction checks for client and investor files and related matters as well as FATCA, CRS queries from the operation teams. Conduct local regulatory analysis and assess & advise on the impact and implications of the proposed legislative and regulatory changes in relation to Apex's practices. Regular review of and update the Apex China Compliance Monitoring Programme and controls to ensure they stay current and align with existing statutory and regulatory obligations, requirements and development. This includes monitoring their effectiveness and enhancing controls and procedures as needed. Implement and/or follow up on the recommendations made by internal or external audits and/or the regulators, regarding compliance risks/issues and the remediations thereafter, if any. Report suspicious activity to regulatory authorities in consultation with the Regional Compliance Leadership. Support the Board, Local and Group Compliance Reporting as appropriate. Act and be recognized as a trusted advisor to the local office and managing stakeholders with maturity whereas escalate relevant and appropriate matters to the China Head of Compliance as appropriate. Attend to other tasks & project as assigned. Regional Tasks: Work together with the Dalian Compliance team to render compliance reporting support to other Asia jurisdictions and attending to other regional tasks as appropriate. Assist in implementing and enforcing the Apex Group Compliance framework and requirements in Asia and work with stakeholders regionally and globally on relevant matters. Communicating and coordinating with other Compliance professionals in the Asia region on various tasks in effective and efficient manner. Identify workflow and logistic improvement opportunities. Skills Required: At least 3 to 5 years solid experience in Compliance with reference to Apex China businesses. Recognized compliance qualification (or equivalent) is preferred. ACAMS certification and/or other professional compliance qualification would be an added advantage. Experienced in dealing with regulators like AMAC and CSRC would be advantageous. Fluency in both written and spoken English and Mandarin with strong communication skills would be essential. This role requires day to day communication with English speakers and possessing excellent communication efficiency and skill to effectively communicate, engage, and establish relationships both internally within the organization and externally with stakeholders will be a key success factor. In-depth understanding of financial services regulation and AML