Associated Person

Job Description: Associated Person – Philippine Equities Brokerage

Department: Equities Brokerage

Position: Associated Person

Industry: Stock Brokerage / Financial Services

Company Description

Regina Capital Development Corporation (RCDC) is a long-established financial services firm founded in 1989, recognized for its experienced and highly skilled team. With more than three decades of success, RCDC has built a strong reputation for providing private brokerage services to a diverse range of clients. The firm offers expert stock recommendations, market insights, and tailored research designed to support informed investment decisions. Candidates joining RCDC can expect to work in a professional environment focused on client service, market expertise, and continuous learning. The company values integrity, analytical rigor, and a commitment to helping clients navigate dynamic financial markets.

Job Overview

The Associated Person will be primarily responsible for supporting the regulatory compliance and documentation requirements of the Philippine Equities Brokerage business. The role involves ensuring that brokerage operations, client accounts, and trading-related activities comply with applicable rules and regulations set by the Securities and Exchange Commission (SEC), Philippine Stock Exchange (PSE), and other relevant regulatory authorities.

The position will also oversee the preparation, maintenance, and submission of regulatory documents and reports, monitor compliance with internal policies and procedures, and coordinate with relevant departments to ensure that the firm maintains proper regulatory standing.

Key Responsibilities

1. Regulatory Compliance and Monitoring

• Ensure that brokerage operations comply with applicable SEC, PSE, and other relevant regulatory rules and requirements.
• Monitor changes in regulatory policies, circulars, memoranda, and guidelines affecting the securities brokerage industry.
• Assist in implementing and maintaining internal compliance policies and procedures.
• Monitor brokerage activities and identify potential compliance risks or regulatory deficiencies.
• Coordinate with the Compliance Officer and relevant departments on regulatory matters and compliance requirements.

2. Documentation and Records Management

• Prepare, review, organize, and maintain regulatory documents, reports, and required brokerage records.
• Ensure completeness and accuracy of client account documentation, including account opening forms, customer information records, and other supporting documents.
• Maintain an organized filing and documentation system for regulatory and operational records.
• Monitor document expiration dates, pending requirements, and necessary account updates.
• Ensure that records are properly maintained and readily available for regulatory inspections and audits.

3. Regulatory Reporting and Submissions

• Assist in preparing and submitting periodic reports and regulatory disclosures required by the SEC, PSE, and other relevant authorities.
• Monitor submission deadlines and ensure timely filing of required documents.
• Coordinate with internal departments to gather information and supporting documentation for regulatory reports.
• Maintain a tracking system for regulatory submissions, compliance requirements, and outstanding deliverables.

4. Client Account Compliance

• Assist in reviewing client account documentation to ensure compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements.
• Monitor the completeness and validity of client information and supporting documents.
• Assist in conducting periodic client account reviews and updating customer records.
• Coordinate with the appropriate departments regarding account deficiencies, documentation discrepancies, and compliance-related concerns.

5. Audit and Regulatory Examination Support

• Assist in preparing documents and records required for internal and external audits, as well as regulatory examinations.
• Coordinate with auditors and regulatory representatives, as directed by the Compliance Officer.
• Monitor audit findings, compliance deficiencies, and required corrective actions.
• Ensure that supporting documents and records are properly organized and readily accessible.

6. Administrative and Operational Support

• Maintain compliance calendars, regulatory trackers, and documentation monitoring reports.
• Prepare internal compliance updates and periodic reports for management.
• Coordinate with the Brokerage, Operations, Finance, and Compliance departments regarding regulatory and documentation requirements.
• Perform other compliance-related and administrative responsibilities as assigned.

Qualifications and Requirements

• Bachelor's degree in Accountancy, Finance, Business Administration, Economics, or a related field.
• Knowledge of Philippine securities regulations, particularly SEC and PSE rules, is an advantage.
• Familiarity with KYC, AML, and brokerage account documentation requirements.
• Strong organizational and documentation management skills.
• Proficiency in Microsoft Office applications, particularly Excel and Word.
• Excellent attention to detail and ability to manage multiple deadlines.
• Strong written and verbal communication skills.
• Ability to handle confidential information with professionalism and integrity.
• Relevant SEC accreditation or qualifications applicable to the Associated Person role.

Core Competencies

• Regulatory compliance and monitoring
• Documentation and records management
• Regulatory reporting and submissions
• KYC and AML compliance
• Audit preparation and coordination
• Attention to detail and accuracy
• Time management and organizational skills
• Professional integrity and confidentiality