Position Objective:

• To provide compliance advisory support to Capital Markets Business to ensure that they comply with local regulation and Group compliance policies
• To assist in setting up and enhancing compliance framework and culture.
• To ensure SG Seoul Branch’s compliance with relevant laws and regulations and review and manage internal policies and procedures.
• To liaise with regional compliance team for regional/global compliance mandate
• To review and respond to relevant regulatory bodies official/unofficial request

Daily Obligation:

• Provide interpretation and clarification on local regulation/rules to ensure that the relevant local regulation/rules are implemented to comply with the letter and the spirit of the regulation/rules
• Review and respond to relevant regulatory bodies official/unofficial request
• Execute internal control matters over Seoul Branch

Monthly /Quarterly Obligation:

• Provide ongoing training for local staffs to ensure the staffs are aware of the relevant regulations and internal Compliance policy
• Prepare materials for Compliance related Committees

Yearly and Occasional obligation:

• Annual review of Compliance risk assessment (COMPASS)
• Annual Training to comply with regulatory requirement (e.g. Financial Consumer Protection Act (including door-to-door business))
• Follow up with internal or regulatory audit points
• Provide Compliance input during New Product Committee and Suitability Committee
• Perform annual reviews including: 1) Review of Hedge Limit Management of FX derivatives for MARK in Seoul Branch; and 2) Highly Complex Financial Investment Instruments Review for MARK in Seoul Branch