Summary:
The Ares Legal & Compliance Department oversees and manages Ares’ global Legal, Regulatory and Compliance functions and programs. Under the leadership of the Global Chief Compliance Officer, the Compliance and Regulatory functions are comprised of teams that operate collaboratively with a global focus, including Regulatory, which oversees all global regulatory matters including the Advisers Act, Investment Company Act and FINRA; European and Asia Pacific Compliance, which oversees region-specific compliance and regulatory matters, including with laws and regulations in Singapore; Corporate Compliance, which administers global policies and central compliance and oversight functions; and Financial Crimes Prevention, which oversees Ares’ adherence to financial crimes-related rules and regulations.
Ares is looking to appoint an Associate Vice President or Senior Associate, Compliance specialist, to handle and assist with regulatory and compliance related activities of the Asia Pacific region, with a primary focus on Singapore. This role will also work closely with the Ares Management global Compliance and Regulatory functions.
We are looking for a self-motivated individual who is a competent and passionate compliance professional with a desire to excel and appreciate the exposure and challenges that are provided by the growth and expansion of Ares businesses in the Asia Pacific region and reflective of the rapidly changing regulatory and compliance environment. Individuals comfortable in a fast-paced environment will be best suited for the role.
Primary Functions and Essential Responsibilities:
- Identify and keep abreast on all compliance requirements for a MAS licensed fund management corporation
- Prepare filings and assist with regulatory reporting to ensure compliance with MAS regulatory requirements (Company and employees)
- Assist the Compliance lead to liaise with regulators Track, analyse and communicate regulatory developments and enforcement actions relevant to Ares’ investment activities
- Support compliance with relevant Ares global and regional internal processes and policies
- Implement and support periodic reviews of compliance policies and controls to ensure they remain in line with regulatory standards and industry best practices
- Undertake compliance control functions and compliance monitoring programs, as appropriate, including the development of trackers and reports to confirm compliance
- Assist with the delivery of compliance training programs to enhance awareness and understanding of regulatory requirements
- Advise and work with stakeholders on a broad spectrum of regulatory and compliance matters, including interpretation of regulation and internal policy requirements
- Assist the Compliance lead in handling regulatory matters of other jurisdictions Perform ad-hoc assignments as required
Education:
- Bachelors degree required or other relevant qualification/s
Skills and Abilities Required:
- At least 3-6 years of relevant Compliance experience in a regulated financial institution, preferably in fund management
- Strong understanding of the Singapore regulatory framework
- Knowledge of the fund management industry and/or financial products and financial market processes
- Knowledge in other regulatory matters (e.g., AML/KYC, personal data protection compliance) or regulatory requirements in other jurisdictions in Asia Pacific (e.g., Australia) is an advantage
- Proactive management approach, including effective upward management
- Strong communication and interpersonal skills and excellent team orientation
- Self-motivated, highly detail oriented, display good judgment and logical decision making apart from highly developed technical skills
- Have strong sense of ownership spirit, and able to work independently
- Possess multi-tasking skills and ability to work well under pressure in a fast-paced environment
