Responsible Manager (AU-Derivatives）

• Act as a nominated Responsible Manager under the AFSL, ensuring derivatives activities comply with the Corporations Act 2001, ASIC Market Integrity Rules, and relevant regulatory guides
• Oversee the preparation, review, and distribution of Product Disclosure Statements (PDS) and Product Design and Distribution Obligations (DDO) Target Market Determinations (TMDs)
• Ensure compliance with ASIC's product intervention orders relating to CFDs and derivatives
• Monitor and implement changes arising from regulatory developments affecting crypto derivatives
• Ensure appropriate client classification (retail vs wholesale) and maintain documentation supporting wholesale client certifications
• Support AFSL licence conditions, renewals, and ASIC inquiries

• Implement and oversee robust client suitability assessments for derivatives trading
• Ensure clients receive appropriate risk warnings and disclosures before trading
• Enforce leverage limits, margin requirements, and negative balance protection in line with ASIC requirements
• Oversee margin call processes and ensure timely client communication

• Supervise the execution of derivatives trades, ensuring best execution and fair treatment of clients
• Develop and maintain operational policies, procedures, and controls for derivatives trading
• Ensure accurate trade reporting, record-keeping, and reconciliation processes
• Oversee client onboarding for derivatives, including appropriateness testing and certification verification

• Identify, monitor, and mitigate market, credit, counterparty, and operational risks in derivatives activities
• Conduct regular stress testing and scenario analysis on derivatives exposures
• Report material risks and breaches to the Compliance Officer and Board
• Contribute to business continuity planning for derivatives operations

• Manage client complaints related to derivatives, ensuring resolution within IDR timeframes
• Liaise with AFCA on escalated disputes and ensure timely responses
• Prepare and submit regulatory reports to ASIC as required
• Maintain audit trails and documentation for regulatory inspections

• Train and supervise staff on derivatives products, compliance obligations, and client suitability requirements
• Ensure team members maintain RG 146 competency and ongoing CPD requirements
• Promote a culture of compliance, integrity, and client-centric service

• Maintain and demonstrate derivatives proficiency through annual competency assessments
• Stay informed on market developments, product innovations, and regulatory changes

• Significant experience in financial services with substantial exposure to derivatives dealing, structuring, or risk management
• Demonstrated experience serving retail clients in a derivatives context (mandatory)
• Proven experience operating within an AFSL-regulated environment, ideally with exposure to crypto derivatives or CFDs
• Track record of managing margin, leverage, and client suitability frameworks

• RG 146 compliant (Tier 1) for derivatives products
• Relevant tertiary qualification in Finance, Economics, Law, or related field (highly desirable)
• Additional certifications in derivatives, risk management, or compliance (e.g., CFA, FRM, or equivalent) advantageous

• Strong understanding of the Corporations Act, ASIC Regulatory Guides (RG 104, RG 105, RG 166, RG 212, RG 227, RG 274), and ASIC product intervention orders
• Thorough understanding of retail client obligations and wholesale client certification requirements under the Corporations Act
• Deep knowledge of derivatives markets, including futures, options, swaps, and CFDs (crypto and traditional)
• Familiarity with leverage management, margin calculations, and risk controls
• Excellent communication, stakeholder management, and leadership skills
• Ability to operate effectively under pressure in a dynamic regulatory environment

• Must be an Australian citizen or permanent resident
• Satisfy ASIC's fit and proper person requirements
• Willingness to undergo police, bankruptcy, and regulatory background checks

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