Who we are looking for
The Head of Compliance in Japan will provide compliance advisory support as the second line of defense to the Japan office of State Street Global Advisors. The individual will be reporting to the APAC Head of Compliance and be responsible to lead the local compliance function which includes providing compliance advice to local management, assessment of applicable compliance risks, monitor the regulatory developments, liaison with local regulators as well as provide an independent viewpoint on Compliance Risk and escalate material matters.
Why this role is important to us
The team you will be joining is a part of State Street Global Advisors, one of the biggest asset managers in the world, that provides services to the world's governments, institutions and financial advisors across the globe. With over four decades of experience and trillions of dollars in assets under management, we offer one of the broadest selections of services across asset classes, risk profiles, regions and styles. As pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As the asset management market continues to grow in Japan, Japan has been identified as a growth area for SSGA.
Want more jobs like this?
Get jobs in Tokyo, Japan delivered to your inbox every week.
Join us if making your mark in the asset management industry from day one is a challenge you are up for.
What you will be responsible for
As Head of Compliance in Japan, you will be responsible to
- Leading and supervising the Japan Compliance team in provide ongoing compliance advisory and licensing support to local senior management and business team
- Participate in new business or financial product launch to provide compliance advice on different new business initiative/products and conduct suitability review
- Educating compliance and business personnel on applicable compliance-related rules and regulations,
- Escalate compliance issues or concerns to the attention of senior management
- Review marketing materials and refine the process on a risk-based approach
- Managing key projects from the initiation and planning stages through execution and completion
- Interacting with regulatory agencies and internal/external legal staff on regulatory exams and inquiries
- Keep abreast of and preparing the local office for regulatory developments and also monitor relevant regulatory findings, reprimands, notices and guidelines by the regulators where appropriate
- Review/prepare regulatory filings on behalf of SSGA Japan.
- Supporting the continuous enhancement of SSGA's compliance monitoring program and risk assessment.
- Preparing/conducting and presenting annual and periodic compliance program reports/reviews to satisfy clients, regulators, and internal management requirements, where applicable
- Developing, implementing, and administering compliance policies and procedures.
What we value
These skills will help you succeed in this role
- Strong analytical skills and organizational skills
- Ability to work independently and collaboratively with various levels of the organization
- A high degree of self-motivation and ability to work under pressure without compromising quality
- Strong abilities in analytical thinking, problem solving, research, time management, and verbal and written communication
- Ability to take initiative, to negotiate, influence and build consensus and successfully navigate within a demanding and international environment of a leading global financial institution
- Demonstrated communication and interpersonal skills
- Proactive and confident in providing advice and solutions with attention to details
Education & Preferred Qualifications
- University degree preferably in Accounting, Business Administration, Finance, Law or a related discipline
- Minimum 10+ years' experience in the Compliance or regulatory functions with investment management firm, or financial services regulator (e.g. FSA, JITA, JIAA or SESC).
- In-depth understanding of the Investment Management / Financial Business in the Japanese market including the Financial Instruments and Exchange Act
- Good knowledge of industry best compliance / regulatory practice, together with relevant fund management, dealing and distribution practices and procedures
- Capable of producing high quality and/or final work product and solutions under strict regulatory or management deadlines
- Strong communication skills and able to communicate and present issues to senior management effectively.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You'll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
State Street's Speak Up Line