Services to Members and Candidates
Candidate Services Committee
- Act as a bridge of communication between the committee and the candidates, provide necessary support and feedback to the study group leaders.
- Share study experience and help the candidates prepare for the CFA Program examination.
- Develop, strengthen and implement the Society’s services related to candidate education with the support of office staff and other volunteers (e.g. study group leaders).
- Establish a program / initiative to recruit new study group leaders (i.e. group leader succession) and ensure continuous candidate support and engagement.
- Lead and manage communications with candidates and volunteers over different channels (e.g. email, social media, events, etc).
- Understand the candidates’ experience and their needs when studying for and taking the exam, using the Society’s study groups.
- Consolidate and provide suggestions for and questions about CFA curriculum and the CFA Program to CFA Institute.
- Liaise with service providers (e.g. publishers, course preparation providers) on potential collaborations that would benefit candidates and help the Society achieve its vision and mission.
- Meeting at least every 2 months.
- Ad hoc conference calls / meetings / email or Whatsapp communications.
- Approximately two – eight hours a month implementing ideas.
Candidate Services Committee
(Study Group Leader)
- To lead one of the Society’s study groups helping to prepare candidates for the CFA Program examination.
- Establish general rules and guidelines for the study group (e.g. frequency of meetings).
- Keep the study group members focused and motivated.
- Help members to plan revision timetables.
- Set up study group meetings and make suggestions on how and what candidates should study.
- Share previous study experiences and exam taking techniques.
- Act as a bridge of communication between the Candidate Education Committee and the candidates, provide necessary support and feedback to the group leaders.
- Highly varied depending on the level of participation of Group Members.
- Meet at least once towards the beginning of the Study Group cycle, and
- Have one meetup every month thereafter.
Career Development Committee
- Develop and promote career development events / programs for members and potential members.
- Contribute ideas on programs, including but not limited to speaker recruitment.
- Coordinate event rundowns, venues, catering and advertisement flyers with assistance from CFAHK administration staff.
- Develop and contribute ideas for career development events and other initiatives.
- Oversee the running of these events, including organizing the event rundown, venue and catering (with support from CFAHK administration staff).
- Promote career development events.
- Be a Student Mentor.
- Attend regular meetings every two months.
- Provide support for ad-hoc events and initiatives.
Continuing Education Committee
- To organize educational events on industry developments and topics of interest to finance professionals, and to assess the eligibility of events for Continuous Professional Training (“CPT”) hours.
- Organize educational events on industry developments and topics of interest to finance professionals.
- Currently we have 3 pillars, 1) Market 2) Tech & Innovation and 3) ESG & Risk & Compliance.
- Keep abreast of industry developments and evolving technical skills.
- Host events and facilitate / introduce speakers and lead event from end to end.
- Assess the eligibility of events for CPT hours.
- Approximate 4 – 6 hours each event
– Includes discuss with speaker on event content, rundown, rehearsal and hosting of event
- On average, there are 20-30 events the Committee organizes each year.
- Chair/Vice Chair guides new volunteers throughout the whole process.
Please note five-plus years of relevant work experience is required to be a member of this Committee.
Continuing Education – Value Investing Special Interest Group
- Spread awareness about the field of value investing and personal wealth creation.
- Provides a forum for like-minded members to discuss, apply, and modify value investment approaches, to educate members about the core tenets of value investing and how they can be modified to keep up with current and future market conditions.
- Promote the fundamental-driven, long-term, value-based investment style as a way of life.
- Strong interests in the subject.
- Willing to stay to serve the community on financial literacy.
- Knowledge and experience in the subject are advantageous but not compulsory.
- Ongoing – Attend regular and ad-hoc meetings events (approve once or twice every two months).
FinTech and New Economy Committee
Position CFA Society Hong Kong as the FinTech / New Economy advocate for Hong Kong investment professionals by providing:
- A forum to exchange views with FinTech / New Economy thought leaders.
- A source of continuing education on the latest FinTech / New Economy developments.
- Investment professionals with career trajectory realignment pathways.
- Connect with FinTech and New Economy thought leaders and invite them to speak at Society events.
- Offer continuing education to members on FinTech / New Economy developments.
- Contribute ideas for events focused on FinTech / New Economy and help organize these events.
- Keep abreast of developments in the FinTech / New Economy space.
- Peak activity is in 2Q and 3Q leading up to signature events (i.e. the FinTech / New Economy Fireside and FinTech / New Economy Forum).
- Organize and attend smaller events and ad-hoc courses throughout the year.
- Liaise regularly with office staff.
Member Services Committee
- To participate in organizing CFAHK Member Services events and activities, including signature events, such as the annual dinner and awards night, as well as lifestyle, sports, and social events.
- Organize signature events including providing suggestions for speakers, rundown and logistics. Attend the events to network with attendees and promote the society.
- Propose ideas for Member Services events and/or initiatives to offer a variety of events to members.
- Lead and support events/initiatives (book club, movie appreciation, hiking, volunteering, etc.).
- Attend bi-monthly meetings, and ad-hoc meetings for specific events as required.
- Volunteers should lead at least one event per year; participation to support events are encouraged.
Services to the Industry and Public
- Review and provide valuable comments and suggestions on consultation papers published by the government, regulators and other professional bodies, such as the Hong Kong Stock Exchange, the Securities and Futures Commission, the CFA Institute, etc.
- Provide an unbiased, meaningful and independent view on advocacy issues.
- Respond on behalf of the Society to consultation papers published by the government, regulators and other professional bodies.
- Provide unbiased, meaningful and independent views on advocacy issues, with the understanding that volunteers’ views will be seriously considered but may or may not be adopted.
- Stay abreast of regulatory trends in the financial industry.
- Participate in taskforces to prepare responses for selected consultation papers.
- Comment on 6 to 8 consultation papers each year.
- Spend two to three hours reviewing and commenting on each consultation paper.
- Attend selected taskforce discussion sessions each year, with each session lasting one to two hours.
Industry Relations Committee
- Serve as a bridge between the Society and governmental bodies, regulators, and other professional organisations in the industry.
- Develop and maintain relations with the stakeholders in the industry, and to foster and grow mutually beneficial relations with partners to advance the Society’s mission.
- Advocate and supply the necessary opportunities for members through partnerships and provide curated resources for members to help them pursue their goals.
Investor Education Committee
- Promote and enhance the financial literacy of retail investors to equip them with the knowledge, attitudes and skills to make informed financial decisions and manage their wealth wisely.
- Collaborate with partners to offer tailored education campaigns to different target groups to ensure they remain confident and comfortable investing in the markets.
- Support individual investors by assisting them in acquiring the information they need to make sound investment decisions.
- Promote the CFA designation and CFA Society Hong Kong under our mission statement.
- Promote and monitor public awareness within the community by serving as a resource and establishing relationships with key influences, including the local regulators and media.
- Devise strategies to promote the Society, its brand and events to raise its profile within Hong Kong.
- Engage the media and other organizations / associations and make contacts to raise the Society’s profile and influence policies relating to the finance industry.
- Monitor public awareness of the Society and act as a resource on it for the media, regulators and other organizations / associations.
- Attend Committee meetings (about monthly).
- Respond on an ad hoc basis as required
Volunteer experience required: CFA, some knowledge of financial media or social-financial media a plus.
University Outreach Committee
- Plan the CFA Institute Research Challenge Hong Kong Local Final event timeline, formulate the rules and regulations and determine the subject, and to invite mentors, graders, and judges, and to organize and participate in the competition’s networking activities.
- Reach out to local universities to offer advice and guidance to future finance professionals.
- Launch new Student Mentorship Program.
- Plan the Research Challenge Local Final timeline, formulate the rules and regulations and determine the subject.
- Invite mentors, graders, and judges to take part, and organize networking activities.
- Participate in university events to mingle with students and to promote our Society.
- Review & score 5 to 8 investment research reports and provide constructive comments (Graders only).
- Mentor the team during the research process and spend 6 hours to provide guidance on their investment research report (Mentors only).
- Committee Members should possess the network and heart to reach out to university students.
- Research Challenge officials are required to have analyst, portfolio manager or other professional experience in either preparing or reading sell-side research.
- For Graders: 5 years of relevant experience
- For Mentors | CPT credit hours entitled:
– Preferably sell-side analysts with 10 years of experience (CFA charterholders a plus).
– With the enthusiasm to teach best practices and promote ethical decision making
The Society’s Governance
- Review the structure, size, diversity profile and skills matrix of the Board and make recommendation on any proposed changes to the Board to complement the Board to achieve the Society’s strategic goals.
- Identify suitable director candidates and select or make recommendation to the Board on the selection of individuals to be nominated as Directors to fill board vacancies as and when they arise.
- Ensure plans are in place for orderly succession to the Board and oversee the development of a diverse talent pipeline, taking into account the challenges and opportunities facing the Society, and the skills and expertise needed on the Board in the future.
- Review the Director nomination policy periodically and make recommendations on any proposed revisions to the Board.
- Make recommendations to the Board on remuneration packages.
- Review and approve the management’s remuneration proposals with reference to the Society’s goals and objectives.
- Consider salaries paid by comparable organisations, time commitment and responsibilities and employment conditions elsewhere in the group.