Director
4 weeks ago
Job Overview:
The Employee will manage regulated activities, including advising, dealing in capital markets products, fund management, or other relevant functions under the Securities and Futures Act (SFA). The role involves ensuring compliance with regulatory requirements, engaging with clients professionally, and maintaining a high standard of ethics and competency.
All candidates must meet the MAS's "Fit and Proper" criteria, including integrity, competence, and financial soundness, as per the Guidelines on Fit and Proper Criteria (FSG-G01).
Key Responsibilities:
- Client Engagement:
- Advise clients on capital market products, investment strategies, and associated risks.
- Provide solutions tailored to the needs of accredited and institutional investors.
- Compliance and Reporting:
- Adhere to the guidelines set by the Monetary Authority of Singapore (MAS) adherence to licensing conditions for a Licensed Fund Management Company (LFMC).
- Ensure proper documentation, compliance with internal policies, and accurate reporting of activities.
- Filing with the MAS and deadlines for other regulatory and corporate reporting.
- Market Analysis:
- Conduct market research and investment analysis to support fund management activities.
- Evaluate portfolio performance and suggest adjustments based on market trends.
- Training and Development:
- Complete required Continuing Professional Development (CPD) training to maintain competency as outlined in MAS Notice SFA 04-N22.
- Risk Management:
- Identify and mitigate risks in portfolio management and ensure clients are informed about the associated risks.
- Oversee operations of the firm and Fund.
- Others:
- Other roles and duties to perform as per requirements of the business and operations of the firm.
- Oversee that Fund's operations are orderly and compliant.
- Liaising with government agencies for submissions and filling.
- Liaising with the firm's counterparties and service providers.
Apart from above, the Employee shall also be responsible for:
(i) Oversee the development and execution of the company's strategic vision.
(ii) Portfolio management, research, trading, execution, and marketing activities.
(iii) Manage relationships with clients, regulators, and other stakeholders.
(iv) Reviewing and approving policies related to fund management, risk management, and compliance.
(v) Providing strategic direction and oversight for investment activities and other key business operations.
(vi) Collaborate with the CEO and other directors, officials, representatives of the Company to ensure effective management of the company.
(vii) Provide leadership to ensure proper risk management frameworks and segregation of duties to mitigate conflicts.
Qualification Criteria
Mandatory Requirements:
- Education:
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Professional Certification:
- Completion of relevant CMFAS Examination modules as required for the activities involved or otherwise exempted. Must comply with the CMFAS Examination and Continuing Professional Development (CPD) requirements as per MAS guidelines.
- Exemptions to CMFAS Examination may apply for holders of specified professional qualifications like CFA and exemptions are subject to the conditions as mentioned in official notice no. SFA 04-N22 dated 28 Sept. 2023.
- Experience:
- At least 5 years of full-time, relevant hands-on experience in the fund management, including portfolio construction, research, trade execution or client-facing roles.
- Relevant working experience in capital markets or financial advisory services.
- For fund management roles, prior experience in managing portfolios for accredited or institutional investors is preferred.
- Proven track record of leadership and effective governance.
- Managerial or supervisory experience in fund management or the financial services industry.
- Familiarity with regulatory requirements and corporate governance practices.
- Competency in risk and compliance functions, as well as managing operational risks.
- Fit and Proper Criteria:
- Demonstrate integrity, reliability, and competence as per MAS Guidelines on Fit and Proper Criteria.
Additional Preferences:
- Strong communication and interpersonal skills.
- Analytical mindset with the ability to assess market trends.
- Familiarity with MAS Notices, guidelines and circulars, and compliance frameworks, such as risk-based capital adequacy requirements and client disclosure standards.
Licensing
Corporate Governance
Investment Strategies
Interpersonal Skills
Market Analysis
Administration
Capital Markets
Compliance
Portfolio Management
Capital
Regulatory Requirements
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