What are the responsibilities and job description for the Bilingual Japanese Compliance / Regulations Analyst – Int’l Financial Firm position at Alpha Global Search?
International Financial Firm is seeking a Compliance/Regulatory Analyst with Japanese language skill. Primarily responsible for monitoring regulations. Works with risk owners to ensure that Dept. complies with all required regulations. Performs tasks concerning credit line management, BSA/AML, corporate and FATCA compliance matters, and regulatory matters. Prepares Customer / Account Profiles (existing and new accounts), performs account maintenance and assists traders with necessary risk management and infrastructure management. Liaison with Head Office.
Duties and Responsibilities
1) Conducting a role as FORMAT Analyst
- Primarily responsible for monitoring regulations. Works with risk owners to ensure that Department. complies with all required regulations. Assists with creating regulatory compliance frameworks for the Department.
- Responsible for legal documentation, procedure manuals updates, FRB / NYSDFS examinations, compliance testing, and audits as needed.
- Ensures BSA/AML compliance. Performs KYC process and conducts account opening, monitoring and closing processes for Department’s customers/ counterparties.
- Performs transactions / counterparties review and prepares monthly reports. Monitor credit line compliance.
- Performs operational risk management, as well as development and improvement of internal controls.
- May liaise with Head Office.
2) Act as Volcker Rule Responsible Officer (Secondary)
- Act as the secondary Volcker Rule Responsible Officer for the Department.
- Responsible for (i) ensuring that all trading desks’ activities are in compliance with the Volcker Rule; (ii) keeping up with any changes and new developments related to Volcker Rule provisions affecting the activities of the Department; and (iii) ensuring that the Market Making Desk, ALM Desk and Investment Desk Policies and Procedures remain in compliance with the applicable requirements of the Volcker Rule.
- Performs other duties and responsibilities as assigned by General Counsel, New York Branch.
Qualifications:
- Bachelor’s degree or equivalent, in finance, economics, data processing and programming with 5 years of related experience
- Advanced in Microsoft 365 (Excel, Word, and Outlook). Good knowledge of Visual Basic Application, Access, and Power Point preferred.
- Knowledge of FX, Derivatives, and other capital market products and services, preferred.
- Knowledge of ISDA and CSA, preferred.
- Prior work experience in a financial institution, preferred.
- Proficiency in Japanese.
Job Type: Full-time
Pay: $100,000.00 - $140,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- Monday to Friday
Ability to Relocate:
- NY, NY: Relocate before starting work (Required)
Work Location: Hybrid remote in NY, NY
Salary : $100,000 - $140,000
