Asset Management Compliance Officer

RHB Banking Group; Kuala Lumpur; On-site; MYR 33,480 - 55,800; Full time

Job summary

A leading banking institution in Kuala Lumpur is seeking an Asset Management Compliance Officer. This entry-level position entails ensuring compliance with relevant laws and regulations in the fund management sector. Responsibilities include conducting compliance reviews, preparing training materials, and assisting with regulatory audits. Ideal for candidates looking to start a career in legal compliance within the finance industry.

Qualifications

• Entry-level position requiring understanding of compliance in the fund management industry.
• Ability to conduct comprehensive compliance reviews and regulatory submissions.

Responsibilities

• Ensure compliance with laws and regulations in fund management.
• Conduct assigned compliance reviews according to the Annual Work Plan.
• Review daily Net Asset Value and investment restrictions.
• Prepare training materials and disseminate regulatory updates.
• Assist in regulatory visits and audits.

Job description

Overview

Asset Management Compliance Officer role at RHB Banking Group.

Responsibilities

• To ensure the Business Division comply with relevant laws, rules, regulations and guidelines on the fund management industry by conducting Compliance Reviews;
• Conduct assigned Compliance Reviews in accordance with the Annual Work Plan;
• Perform review on Investment and Operations areas such as reviewing the daily Net Asset Value of unit trust funds, asset allocation and investment restrictions, checking and clearing breaches in Violation Manager, sending e-mail to fund managers to notify on the breaches and subsequently, incorporated in monthly Compliance Report to the Board of Directors report.
• Reviewing regulatory submission to the SC via ComRep (XBRL) on monthly, half yearly and annual basis and also, other regulatory body, reviewing the policies and procedures manuals of the company in line with changes in the laws, regulations, guidelines and industry developments.
• Organizing and preparing training materials (e.g. training slides, Learn & Lead) and/or dissemination of information (e.g. new/revised/updates laws, rules and regulations, guidelines and industry or market updates) to all employees of the company / entity.
• Perform reviews on offering document/advertisement and promotional materials as issued by the company/entity;
• Assist the Senior Manager/Superior to compile and provide information during regulatory visits, audits conducted by Employees Provident Fund (“EPF”)’s auditor and Federation of Investment Managers Malaysia (“FIMM”)’s requests;
• Any other responsibilities/ad-hoc assignments as assigned by the Head of Compliance, Asset Management from time to time and ensure timely completion the assignments.

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Legal