Job Description

General Information

Ref #: 34089 Employee Type: Full Time Location: Singapore Date published: 18-Jul-2022

About Us:

We are PIMCO, a leading global asset management firm. We manage investments and develop solutions across the full spectrum of asset classes, strategies and vehicles: fixed income, equities, commodities, asset allocation, ETFs, hedge funds and private equity. PIMCO is one of the largest investment managers, actively managing more than $2.2 trillion in assets for clients around the world. PIMCO has over 3,070 employees in 22 offices globally. PIMCO is recognized as an innovator, industry thought leader and trusted advisor to our clients.

PIMCO is one of the world’s premier fixed income investment managers with thousands of professionals around the world united in a single purpose: creating opportunities for our clients in every environment. Since 1971, we have brought innovation and expertise to our partnership with the institutions, financial advisors and millions of individual investors who entrust us with their assets. We aspire to cultivate performance and leadership through empowering our people, diversity of thought, and a commitment to an inclusive culture that engages in our global communities.

Position Description:

POSITION OUTLINE:
This position is to support the Chief Compliance Officer, South Asia with all aspects of general business and regulatory compliance matters for the Singapore office. This position will be based in Singapore.

KEY RESPONSIBILITIES:

Compliance Policies and Training

• Develop and update Compliance policies in response to business changes, industry developments and/or regulatory changes.
• Review existing Compliance policies on periodic basis.
• Conduct Compliance training to employees to educate them on Compliance policies. This includes regular new hire training, periodic refresher training as well as customized, bespoke training as required.

Regulatory and Licensing

• Ensure new/revised regulatory guidelines, consultation papers and other regulatory related matters are reported, reviewed and the relevant policies and guidelines are updated timely.
• Manage licence applications/cessations and related licensing reporting requirements.

Marketing/Distribution Compliance

• Carry out review of all marketing materials/RFPs/RFIs/website to ensure adherence with relevant regulatory requirements.
• Provide advisory on cross border activities to the business for South Asia countries, including but not limited to Thailand, Malaysia, Philippines, Brunei etc.

Compliance Monitoring and Testing

• Conduct Compliance monitoring and testing against company’s policies and procedures.
• This includes but is not limited to Code of Ethics monitoring, e-surveillance, social media surveillance etc.

Anti-Money Laundering & Sanctions

• Carry out on-boarding of new separate account mandates and conduct related sanctions screening.

Trade Floor Related Interaction

• Provide Compliance advisory on trade floor related Compliance policies and procedures.
• Work together with trade floor and relevant business management functions on new market entry and new securities initiatives, highlighting and addressing specific compliance and regulatory requirements/concerns.
• Work on trade error resolution with the trade floor personnel.

Working with the Business

• Work together with relevant functions on new business initiatives and projects, highlighting and addressing specific compliance and regulatory concerns.
• Participate in client due diligence where necessary, representing Compliance function.

Audit Coordination

• Support internal/external audit coordination and regulatory reviews.

Management Reporting

• Support compliance reporting to Global Compliance and senior management etc.

Position Requirements:

• At least 3 - 8 years working experience, preferably in compliance and/or audit in financial services industry. Experience in asset management firms will be a plus point.
• Degree qualified preferable in either a finance/accounting/law discipline.
• Good understanding of global and local regulations impacting asset management firms
• Candidate with knowledge of retail products related regulations
• Confident individual who is an effective communicator with excellent interpersonal skills
• Ability to work under pressure with good organization and time management skills.
• Analytical with strong problem solving skillset
• Able to work well independently and within a team, in a fast paced and dynamic environment

Benefits:

PIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and well-being of you and your family. Benefits vary by location but may include:

• Medical, dental, and vision coverage
• Life insurance and travel coverage
• 401(k) (defined contribution) retirement savings, retirement plan, pension contribution from your first day of employment
• Work/life programs such as flexible work arrangements, parental leave and support, employee assistance plan, commuter benefits, health club discounts, and educational/CFA certification reimbursement programs
• Community involvement opportunities with The PIMCO Foundation in each PIMCO office