Vice President, Corporate Surveillance, Corporate Surveillance & Governance, Regulation
Bursa Malaysia Berhad (The Stock Exchange of Malaysia)
Total years of experience :17 years, 3 Months
- To supervise and undertake corporate surveillance activities which include possible breaches of Bursa Listing Requirements or violations of Capital Market Services Act 2007 (“CMSA 2007”), Companies Act 2016 (“CA 2016”) or other possible corporate transgressions by listed issuers.
- Lead discussion with stakeholders to identify possible non compliance to the Listing Requirements and/or other applicable laws and regulations.
- Recommend and implement pre-emptive measures to avoid or minimise non-compliance of the Listing Requirements and / or other applicable laws and regulations affecting listed issuers in order to enhance the perception and integrity of the capital market.
- To carry out corporate surveillance activities which include detection of possible breaches/potential market misconduct and other possible corporate transgressions by Listed Issuers, including conduct preliminary inquiries to determine appropriate follow-up action, to ensure that investor protection is upheld.
- Coordinate and conduct thematic exercises to identify any unusual trend or issues which may cast doubts as to the reliability and accuracy of the financial statements or transactions for appropriate regulatory actions.
- Responsible for the detection of abusive, manipulative or illegal trading practices in the capital markets, particularly for breaches of market misconduct offences under Bursa Listing Requirements, and compliant with the regulatory and supervisory objectives.
- Review and benchmark corporate surveillance functions and regulatory trends to be in line with international best practices.
- Manage relationship with listed issuers to facilitate and ensure effective communication are maintained so as to influence decision making toward compliance and best practices to make Bursa a conducive place for capital raising as well as to provide confidence to investors.
- Analyse and advise on the comprehensive and sustainability of watchlist companies’ corporate proposal and additional listing applications to minimise or reduce market manipulation and improve quality of companies listed in Bursa.
- Key liaison for Bursa on matters pertaining to corporate governance, corporate transgression and emerging concerns affecting listed issuers and various intermediaries.
- Managing surveillance systems and tools and provision of timely alerts for effective surveillance.
- Provide continuous market surveillance for on-going investigations. Always keep abreast of regulatory and market structure changes that may affect the scope of existing surveillance practices and/or necessitate the development of new surveillance methodologies and effective surveillance tools.
- Review, monitor, and conduct surveillance of public listed companies for regulatory offences or violations in terms of corporate conduct and disclosures requirements and take appropriate remedial measures to minimise any fallout thereof.
- Strategies, plan, organise, direct, implement and lead the activities relating to off-site compliance matters which include transfer of securities, direct business transactions, periodic submissions of the equity and derivatives markets, provision of Central Depository System information to regulatory authorities, industry education program for participants and their registered persons as well as registration of all participants and registered persons of the equities, derivatives, Islamic and bond markets, monitoring their continuing obligations and compliance on membership matters to facilitate fair and orderly markets.
- Ensure adequate controls are in place to ensure effective monitoring of the participants compliance to the rules, regulations and directives and that non-compliances detected are duly escalated for investigation or enforcement action promptly.
- Provide professional support and advice on highly complex issues referred by regulators, participants and intermediaries while ensuring the departmental resources, systems and work procedures are fully operational and appropriately integrated to achieve the regulatory and corporate strategic objectives of Bursa Malaysia.
- Subject matter expert on the functions performed by the department when dealing with the industry by way of provision of views, advice, guidance as well as sharing of experience.
- Identify and introduce changes and enhancement to existing participantship framework while maintaining adequate regulatory control suitable in Malaysia context.
- Develop and implement adequate annual education program for the market participants and the intermediaries in respect of regulatory supervision towards achieving Bursa's long term regulatory and corporate objectives.
- Developing, implementing, coordinating, managing an acceptable and adequate framework to ensure that all compliance aspects of the PFSB are operated in conformity with regulatory requirements
- Reviewing, recommending, and developing policies and/or procedures for new laws, rules, regulations, and other regulatory requirements
- Developing compliance strategies by anticipating emerging compliance trends and variances; aligning human resources; formulating action plans; measuring and analyzing results; initiating corrective actions; minimizing the impact of variances
- Working with the Human Resources Department and others as appropriate to developing an effective compliance training program, including appropriate introductory training for new employees as well as ongoing trainings for all CMSRL holders
- Monitoring the performance of the Compliance Review Program and relating activities on a continual basis, taking appropriate steps to improve its effectiveness
- Keeping abreast with regulatory developments within or without the company as well as evolving best practices in compliance control
- Revising procedures, reports, etc., periodically to identify hidden risks or non-conformity issues
- Acting as a subject-matter expert to employees, providing guidance on what actions to be taken in dealing with high-risk accounts
- Assisting with addressing queries from corresponding regulators or auditors relating to money laundering matters
- Conducting proper investigation of money laundering alerts or transactions considered suspicious
- Conducting AML compliance trainings as appropriate
- Conducting investigations into potentially suspicious activities, drafting STRs as well as documenting cases not resulting in the filing of a STR
- Maintaining a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practices and developing trends
- Promoting risk and regulatory compliance by identifying, quantifying, reviewing, evaluating, and measuring risk to ensure that all risk categories are identified and managed in accordance with regulatory compliance and audit requirements, approved risk tolerance, risk appetite and strategic plans approved by the Board of Directors
- Overseeing the development, implementation, review of the enterprise-wide risk governance framework which includes the Company’s risk culture, risk appetite, and risk limits
- Ensuring ongoing monitoring of the risk-taking activities and risk exposures to ensure they are in line with the board-approved risk appetite and risk limits
- Managing the implementation of all aspects of the risk functions, including implementation of processes, tools and systems to identify, assess, measure, manage, monitor and report risks
- Assisting in the development of and managing processes to identify and evaluate business areas' risks and risk and control self-assessments.
- Ensuring the sophistication of the Company’s risk management and internal control infrastructure is keeping pace with changes to the Company’s risk profile, to the external risk landscape and in industry practices.
- Involving in day-to-day execution of the credit risk management policies and procedures from the initial onboarding of clients to periodic account due diligence reviews, while continuously assessing credit risk exposure
- Performing margining and risk support analyses on clients & corporate. Our clients are trading in a variety of strategies covering the full range of Commodities and Listed Derivatives products. A technical appetite is therefore critical in this role
- Ensuring that all client positions and mark-to-market valuations are accurate that correct margins are being charged in accordance with the clients' strategy and margin policy; preparing aging report of margin calls and ensuring they are covered within the same day
- Managing operational risks by performing key daily controls while understanding impacts of any exceptions and escalations where appropriate
- Monitoring clients’ positions via Risk Management system
- Implementing effective requirements that are corresponding to new initiatives; demonstrating effective and consistent follow-ups; supporting requests that originate from regional management; producing quality output and reporting
- Collaborating with risk teams in the identification and mitigation of key risks in operational processes
- Monitoring and effectively escalating issues related with the various risk categories
- Ensuring daily financial reconciliations of the account balances, positions, trades and prices are carried out in a timely and accurate manner
- Effectively maintaining customer commission rate set-ups within the back office system
- Accurately checking that trades reported are aligned correctly with broker versions for all products the Company traded, and liaising with brokers regarding arising trade discrepancies.
- Apart from frequently being quoted by printing press, I was previously leading a team of five analysts and overseeing the prospect and research functions
- Setting departmental and individual employee’s goals and providing routine evaluations of progress toward these goals
- Developing and overseeing budgets, policies and procedures for the Research Department
- Working with the CEO and various department directors to coordinate projects to exceed Key Performance Indicators (KPIs)
- Planning, organizing, and supervising the work of a growing research team
- Working with the rest of the management teams to build and strengthen the team which is involved in external reputation, internal systems and processes
- Identifying and promoting professional growth opportunities for staff and ensuring adherence to professional standards and ethics of prospect research
- Advising, guiding and providing intensive trainings to analysts
- Trained analysts under my charge were frequently interviewed by media: Bloomberg, CNBC, BBC, Singapore TV Channel (Channel 8, ChannelNewsAsia), 93.8 Singapore Radio Station, Astro Malaysia, BFM89.8 (Malaysia Business Radio Station) and etc
- Again, professional analysts in my department are frequently quoted by press: Reuters, Singapore Straits Times, 联合早报, 财经追击, The Business Times, The Star Malaysia, Share Investor Magazine, AgriMoney, & etc
- Collaborating with Singapore Stock Exchange, Bursa Malaysia, Eurex Exchange, Vietnam Stock Exchange & etc to promote in-house research
Duties:
-Identifying companies' critical key success factors, quantifying their business risks, analysing the financial positions, financial statements, cash flow to determine and gauge their sources and strengthening of loan repayments
-Making proper recommendations in the types and structures of loan facility
-Performing professionally in loan structuring, principles of lending, quantitative and qualitative analyses
Duties:
-Assisting in the collection and compilation of secondary-source data such as journals, online articles for research purposes to University Lecturer