FAQs
What is the primary responsibility of the Assistant Manager - Client Compliance at IQ-EQ?
The primary responsibility is to assist in ensuring the compliance of managed licensees with applicable regulations and to support and protect the licensees against fraud, money laundering risks, terrorist financing, and related reputational risks.
What qualifications are required for the Assistant Manager - Client Compliance position?
Applicants should possess an ICA Diploma or equivalent and provide evidence of continued professional development.
What kind of background experience is preferred for this role?
Previous compliance experience in the funds/investment sector is required, and it is desirable for candidates to have prior experience holding prescribed positions.
What specific tasks will the Assistant Manager be expected to perform?
The tasks include assisting with AML/CTF/CPF Business Risk Assessments, preparing quarterly Board reports, conducting compliance monitoring testing, liaising with client service teams, delivering training on policies and procedures, maintaining various registers, and handling requests from regulators/auditors.
Is experience with compliance monitoring testing important for this role?
Yes, conducting compliance monitoring testing, performing root cause analysis, and identifying management actions based on findings are key responsibilities of the role.
What computer skills are necessary for the Assistant Manager - Client Compliance position?
Strong Microsoft Office skills are necessary, along with experience using screening tools such as Worldcheck and generating reports from administration systems.
What are the expected outcomes for the Assistant Manager regarding regulatory compliance?
The Assistant Manager is expected to ensure timely submission of annual and periodic GFSC returns, and assist in timely responses to regulatory requests and inquiries.
What professional designations should the Assistant Manager aim to hold?
The individual should aim to hold or progress towards MLCO (Money Laundering Compliance Officer) and MLRO (Money Laundering Reporting Officer) positions for client licensees.
Will the Assistant Manager be involved in conducting training?
Yes, the Assistant Manager will be responsible for delivering training regarding existing and updated policies and procedures as required by the business.
What is the company's focus and mission?
IQ-EQ's mission is to provide leading Investor Services, combining global expertise with an unwavering focus on client service delivery for fund managers, global companies, family offices, and private clients operating worldwide.