Assistant Manager, Compliance and Risk Management

iFAST Corporation; Kuala Lumpur; On-site; MYR 60,000 - 80,000; Full time

Job summary

A leading financial services firm in Kuala Lumpur is seeking a Compliance Officer to develop and implement compliance policies. The role involves providing advisory support to senior management, conducting compliance monitoring, and preparing regulatory reports. Ideal candidates will have a Bachelor’s degree in Law, Finance, or Risk Management, alongside 3 to 5 years of experience in the financial services sector. Strong communication skills in English are essential, while proficiency in Mandarin is advantageous.

Qualifications

• 3 to 5 years of compliance experience in financial services or capital markets.
• Strong written and verbal communication skills in English; Mandarin is a plus.
• Knowledge of capital market laws and regulatory requirements.

Responsibilities

• Develop compliance policies and procedures.
• Provide compliance advisory support to Senior Management.
• Conduct compliance monitoring and testing.

Skills

Compliance experience

Regulatory knowledge

Communication skills

Interpersonal skills

Detail-oriented

Education

Bachelor’s degree in Law, Finance or Risk Management

Job description

Responsibilities

• Develop, implement, and maintain compliance policies, procedures, and internal controls to mitigate regulatory and operational risks and ensure ongoing adherence to applicable laws, regulations, and internal standards.
• Provide compliance advisory and support to Senior Management and business units on regulatory, governance, and risk-related matters.
• Monitor regulatory developments and communicate relevant regulatory updates, guidance, and notices to employees in a timely manner.
• Conduct compliance monitoring, surveillance, and testing to assess adherence to iFAST policies, internal standards, and regulatory requirements.
• Prepare and submit regulatory reports and returns to regulators, including the Securities Commission Malaysia, Bursa Malaysia, and Bank Negara Malaysia.
• Prepare and present compliance reports to Senior Management, the Risk Committee, the Board of Directors, and other relevant stakeholders, as required.
• Assist in the organisation and preparation of Board and Committee meetings, including liaison with the Company Secretary on corporate secretarial and governance matters.
• Assist in designing, delivering, and maintaining compliance and regulatory training programmes to promote a strong compliance culture and regulatory awareness across the organisation.
• Apply and maintain sound working knowledge of Unit Trust Management and securities laws, guidelines, and regulatory requirements in advising the business and performing compliance oversight.
• Act as the primary liaison with regulators, external auditors, and internal auditors in relation to compliance-related enquiries, inspections, and information requests.
• Perform ad-hoc compliance-related duties as assigned by Senior Management from time to time.

Requirements

• Bachelor’s degree in Law, Finance, Risk Management, or a related discipline.
• Minimum of 3 to 5 years of compliance experience within the financial services or capital markets industry.
• Sound knowledge of and familiarity with capital market laws, rules, and regulatory requirements.
• Strong written and verbal communication skills in English; proficiency in Mandarin is an added advantage.
• Good interpersonal, communication, and presentation skills, with the ability to engage effectively with stakeholders at all levels.
• Independent, detail-oriented, and able to exercise sound judgment in a regulated environment.

All applications will be treated in strict confidence. We regret that only shortlisted applicants will be notified.

Note: Job responsibilities / requirements are representative and are not intended to be a detailed list. Other tasks/abilities may be required of the incumbent, relative to the specific assignment.