The Control Group and Research Legal team (the Control Group) is responsible for the management of conflicts of interests within Citi. The team establishes and maintains the Firm’s various information barriers or Chinese Walls which operate between the Firms public and private side businesses, which are designed to prevent the misuse of material non-public information (“MNPI”) or inside information and ensure compliance with internal policies, external regulation and legal requirements.
The team is responsible for identifying potential conflicts of interest and following close analysis and discussion, taking action to avoid conflicting activities between the Firms various businesses. The team also provides advisory support in relation to regulatory requirements to business employees across Asia Pacific, including research analysts, investment bankers and sales and trading staff.
The Asia Pacific team works closely on a regular basis with the wider global Control Group teams (based in Belfast, New York and Tokyo) as well as with external legal counsel across the regions, tracking legal and regulatory changes across the globe in order to keep conflict management systems and policies up to date. The Asia Pacific Control Group has a presence in Hong Kong and Sydney.
Liaising with the Firms Investment Banking and Capital Markets professionals on progress of non-public M&A, financing and capital markets transactions in order to conduct materiality assessments and maintain watch and restricted lists
Review of advisory and financing transaction for conflicts of interest
Review research product prior to publication in order to identify and address any problematic legal, regulatory and reputational issues
Maintenance of the Control Group logs (for example on Chinese Wall breaches)
Managing wall-crossings for public-side employees who may become involved in private side transactions
Provide assistance on ad hoc projects
The role offers exposure to a wide number of equity research and corporate finance products enabling the job holder to develop a sophisticated understanding of the business functions and the relevant legal and regulatory environment. As the role develops the job holder will gain increased autonomy and benefit from wider analytical responsibility and the appropriate application of and advice in relevant law and regulation.
Minimum 2-3 years of working experience in financial institutions
Control group/investment banking/research/markets compliance experience preferred
Self-starter who can identify problems and develop solutions with limited recourse to the rest of the team
Work effectively under pressure and to tight deadlines
Self-confident and able to prioritize own work flow and assist with the priorities of others
Highly Computer literate
A team player, adhering to shift patterns without fail and ensuring appropriate alternate cover is in place in the event of unavoidable absences
Strong attention to detail and high levels of accuracy, and accurate and efficient turnaround of tasks and projects
Willingness to assume responsibility
Good interpersonal skills
Flexible to react to changing priorities including working extra hours when required
Ability to effectively communicate with staff at all levels
Primary Location: HK,Hong Kong,Hong Kong
Education: Bachelor’s Degree
Job Function: Compliance and ControlTravel