Philippe Wong

• Advised senior management on potential impacts of new regulations, enabling proactive adaptation existing business practice.
• Developed robust monitoring systems to track compliance-related activities and report findings to senior management.
• Kept informed regarding pending industry changes, trends or best practices.
• Warned violators of infractions or penalties.
• Reviewed contractual agreements with third-party vendors to ensure adherence to relevant laws and regulations.
• Managed relationships with external auditors, facilitating timely completion of annual audits and addressing identified issues promptly.
• Identified gaps in existing compliance processes and recommended updates.
• Maintained up-to-date knowledge of applicable laws and regulations.
• Collected detailed notes on investigations and other communication to adhere to legal requirements and enhance recordkeeping.
• Increased employee awareness of compliance requirements through targeted training programs and regular communication.
• Collaborated with cross-functional teams to ensure consistent application of compliance standards across all departments.
• Identified potential areas of vulnerability, creating proactive action plans to mitigate risks.
• Coordinated responses to regulatory inquiries, ensuring accurate representation of company practices and timely resolution of concerns.

Responsible for mapping legal obligations.

The rule mapping program is a firm-wide, global initiative that brings together the expertise of Legal, Lines of Business, Oversight & Control, Compliance, Risk and other key control functions, to proactively manage regulatory changes in our operations and allow us to trace end-to-end connections between laws, rules and regulations on the one hand, and our policies and procedures that demonstrate compliance on the other.

• Ensuring that rules applicable to Credit Suisse are clearly identified and mapped to each Business;
• A clear link exists between applicable Rules and Credit Suisse Controls;
• Ensuring that changes in Rules, Businesses and/or Controls are tracked, understood and where applicable mitigated appropriately;
• Maintaining Rule Mapping Database that shows mapping of rules from external regulators into Credit Suisse businesses; and
• Assisting in creation Desk specific “Executive Summaries” that highlight applicable key Rules and Policies.

• Setup the middle office functions in Hong Kong for the Asia Pacific region.
• Responsible for day-to-day management of the business and all front to back processes for all loans transactions, distressed asset, hybrid fixed income, structured products, equities and special situations transactions originated in Pacific Rim region;
• Draft internal policies and procedures;
• · Responsible for new transaction and product review;
• · Coordinated with internal compliance on all trading activities;
• Responsible for internal control (i.e. trading supervision); and
• Instructions to external legal counsel

• Setup trade support and transaction documentation team in Hong Kong;
• Responsible for closing / transaction management with respect to global loans transactions (primary syndication and secondary market), Asian, Korean distressed asset, distressed fixed income products and China Non Performing Loan (NPLs) portfolios disposal and recoveries originated in Asia Pacific;
• · Coordinate with internal compliance on all trading activities; and
• Responsible for internal control (i.e. trading supervision).