Compliance Officer
AvaTrade · Tokyo ·
- Work mode
- Onsite
- Employment
- Contract
- Category
- Legal
- Experience
- 5+ years
We are seeking an experienced Compliance professional to join our team in Japan and take an active role in managing and strengthening the company’s compliance, regulatory, and AML/CFT framework.
Responsibilities
Compliance Framework & Governance
- Establishment and operation of compliance frameworks.
- Development, revision, and implementation of internal regulations and operational manuals.
- Monitoring regulatory changes and ensuring their implementation across the organisation.
- Formulation and progress management of the compliance programme.
- Administration of Compliance, Risk Management Committee, and Board meetings.
Preliminary Review & Monitoring
- Review of new products, services, and changes to business processes.
- Review and approval of advertising and promotional materials.
- Monitoring solicitation activities, order records, telephone recordings, and trades.
- Management of directors’ and officers’ personal dealing and insider trading controls.
AML/CFT & KYC
- Management of KYC/eKYC, ongoing customer due diligence, and customer risk-rating processes.
- Sanctions and anti-social forces screening.
- Assessment and submission of Suspicious Transaction Reports (STRs).
- Preparation and maintenance of AML/CFT risk assessments.
- Compliance with relevant Foreign Exchange and Foreign Trade Act requirements.
Customer Protection
- Implementation of suitability and pre-contract disclosure requirements.
- Handling customer complaints, enquiries, and FINMAC procedures.
- Monitoring segregated accounts, trust safeguarding, and daily reconciliation.
- Monitoring compliance with leverage and stop-loss requirements.
Regulatory & SRO Relations
- Regulatory filings and notifications to the Kanto Local Finance Bureau.
- Reporting to and handling audits by the Financial Futures Association of Japan (FFAJ).
- Managing regulatory inspections and monitoring.
- Reporting misconduct incidents, system failures, and other reportable matters.
Training & Other Responsibilities
- Planning and delivering Compliance and AML training.
- Managing sales staff registrations, qualifications, and renewals.
- Coordinating with Internal Audit, external legal counsel, and audit firms.
- Providing compliance reporting in English to overseas shareholders and group companies.
Requirements
- Approximately 5+ years of relevant experience in Compliance, Internal Control, or Legal Affairs within a financial institution.
- Practical knowledge of the Financial Instruments and Exchange Act (FIEA) and related regulations and supervisory guidelines.
- Experience independently drafting and revising internal policies and coordinating implementation with relevant business functions.
- Business-level Japanese and English, including the ability to read contracts and regulations and conduct meetings and reporting in English.
Desirable Requirements
- Experience within OTC FX, OTC derivatives, or securities firms.
- Experience as a Head of Internal Control or Internal Control Officer.
- Practical knowledge of FFAJ self-regulatory rules.
- Hands-on AML/CFT experience, including STR assessment, risk assessments, and ongoing CDD.
- Experience handling regulatory inspections and SRO audits.
- Experience reporting in English to overseas shareholders or group companies.
- Relevant qualifications such as Securities External Representative Type 1, Internal Control Officer, CAMS, or similar compliance/legal certifications.
Ideal Candidate Profile
- Hands-on and focused on ensuring policies are effectively implemented, not just documented.
- Able to communicate compliance risks clearly to business teams and propose practical alternatives.
- Comfortable working operationally and taking ownership within a small team.