Compliance Officer
Posted Updated
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.