Key accountabilities:
- Conduct risk-based inspections of investment service providers to assess compliance with applicable laws and regulations, and evaluate governance, internal controls, risk management practices, financial soundness, and operational effectiveness.
- Conduct thematic reviews, special assignment inspections, operational readiness assessments, and other supervisory activities as assigned.
- Prepare inspection reports, management summaries, and recommendations, ensuring findings are supported by sufficient evidence and communicated in a clear and timely manner.
- Identify emerging risks, regulatory breaches, and control weaknesses, communicate inspection findings and supervisory concerns to regulated entities and relevant stakeholders, and escalate significant issues as appropriate.
- Monitor and assess the implementation of corrective actions and remediation plans to address identified deficiencies and regulatory concerns.
- Participate in the planning, coordination, and execution of inspection assignments, including the development of inspection strategies, identification of key risk areas, and execution of inspection programs.
- Review and analyze financial, regulatory, and operational information and prepare working papers to support inspection findings, risk assessments, and supervisory decision-making.
- Conduct risk profiling and supervisory assessments of regulated entities to support supervisory ratings, inspection planning, and ongoing monitoring activities.
- Assess the adequacy and effectiveness of governance arrangements, risk management frameworks, compliance functions, and internal control systems of regulated entities.
- Contribute to the development and enhancement of supervisory frameworks, inspection methodologies, policies, procedures, and risk-based supervisory practices.
Minimum Qualification:
Bachelor’s degree in Business, Finance, Banking, Accounting, Economics, or a related field. A master’s degree and/or relevant professional certification (e.g., CFA, CPA, ACCA, FRM, CAMS, or equivalent compliance and regulatory certifications) is an advantage.
Minimum Experience:
5-7 years in relevant field
