Associate, Regulatory Compliance

Kenanga Investment Bank Berhad; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

Kenanga Investment Bank Berhad is seeking an Associate, Regulatory Compliance to support the firm's compliance program and regulatory obligations in a fast-paced financial environment in Kuala Lumpur. You will contribute to AML/CFT, regulatory reporting, investigations, and control monitoring across business units.

The role requires a solid grounding in regulatory frameworks, strong analytical skills, and the ability to communicate effectively with stakeholders.

Qualifications

• Bachelor's Degree in Law, Compliance, Finance, Business Administration, Accounting, Economics or related field.
• Professional certification in Compliance, AML/CFT or Financial Crime Compliance is an added advantage.
• Minimum 2-4 years of experience in regulatory compliance, FCC, AML/CFT, risk management, audit or related function.

Responsibilities

• Execute regulatory compliance tasks and ensure accuracy and adherence to regulatory requirements prior to submission.
• Prepare and submit monthly, quarterly, and annual compliance reports, regulatory submissions, and correspondence for management review.
• Conduct regulatory gap assessments and recommend corrective actions.
• Develop, review, and update compliance policies, procedures, and frameworks.
• Review marketing, promotional, and communication materials to ensure compliance with regulatory and internal requirements.
• Maintain the Compliance Monitoring Programme (CMP) and documentation of findings.
• Assist in managing regulatory enquiries, inspections, and information requests.

Skills

Regulatory compliance

AML/CFT

Regulatory reporting

Analytical skills

Attention to detail

Communication skills

KYC/CDD/KYB

Regulatory knowledge

Education

Bachelor's Degree in Law or Compliance or Finance

Tools

Microsoft Office

Excel

Word

PowerPoint

Job description

The Associate, Regulatory Compliance is responsible for supporting the Company's compliance and regulatory functions by ensuring adherence to applicable laws, regulations, guidelines, and internal policies. The role assists in monitoring compliance with Recognized Market Operator (RMO) requirements, Anti-Money Laundering (AML), Counter Financing of Terrorism (CFT), and other regulatory obligations. In addition, the position supports the implementation, maintenance, and continuous enhancement of the Company's compliance framework, governance practices, and risk management controls, while contributing to the effective execution of Financial Crime Compliance (FCC) initiatives and regulatory reporting requirements.

JOB RESPONSIBILITIES

• Execute regulatory compliance tasks and ensure accuracy, completeness, and adherence to regulatory requirements prior to submission.
• Prepare and submit monthly, quarterly, and annual compliance reports, regulatory submissions, and correspondence for management review and approval.
• Conduct regulatory gap assessments against applicable laws, regulations, guidelines, and internal policies, and recommend corrective actions where required.
• Develop, review, and update compliance policies, procedures, and frameworks to ensure ongoing regulatory compliance.
• Perform reviews of legal, commercial, and business agreements, identifying and escalating potential compliance risks.
• Review marketing, promotional, and communication materials to ensure compliance with regulatory and internal requirements.
• Execute and maintain the Compliance Monitoring Programme (CMP), including compliance reviews, control testing, and documentation of findings.
• Identify, investigate, and escalation compliance breaches, incidents, and regulatory issues, and monitor the implementation of corrective actions.
• Assist in managing regulatory enquiries, inspections, and information requests, including the preparation and submission of supporting documentation.
• Handle counterparty due diligence requests, bank questionnaires, and other compliance-related information requests.
• Maintain regulatory registers and monitor developments in applicable laws, regulations and industry guidelines, communicating relevant updates to stakeholders.
• Provide compliance guidance and support to business units and internal stakeholders on regulatory and compliance-related matters.
• Support internal audits, external audits, compliance reviews, and regulatory inspections, including documentation preparation and follow-up on action items.
• Assist in the development, updating, and administration of AML, ABC, and other compliance-related training programmes and records.
• Support the Financial Crime Compliance (FCC) function in conducting customer due diligence activities, including KYC, CDD, KYB, name screening, ongoing due diligence, transaction monitoring and market surveillance.
• Assist in reviewing digital asset deposits and withdrawals, sanctions screening, Travel Rule compliance, and Virtual Asset Service Provider (VASP) due diligence activities.
• Prepare and maintain Customer Assessment Reports (CAR), Suspicious Transaction Reports (STR), and responses to regulatory and law enforcement requests.
• Monitor sanctions lists, high-risk jurisdictions, AML/CFT alerts, and periodic transaction reviews to support effective financial crime risk management.
• Maintain FCC records, reports and documentation, ensuring accuracy, completeness and regulatory compliance.
• Collaborate with internal stakeholders to support the effective implementation and enhancement of the Company's compliance and financial crime compliance framework.
• Support other compliance and financial crime compliance initiatives, projects, and activities as assigned.
• Attend relevant training programmes, mandatory certification courses and continuous professional development activities to maintain regulatory and industry knowledge.

JOB REQUIREMENTS

• Bachelor's Degree in Law, Compliance, Finance, Business Administration, Accounting, Economics or a related field.
• Professional certification in Compliance, AML/CFT or Financial Crime Compliance (e.g., ICA, CAMS or equivalent) is an added advantage.
• Minimum 2-4 years of experience in regulatory compliance, financial crime compliance, AML/CFT, risk management, audit or a related function.
• Good understanding of regulatory requirements, compliance frameworks and industry best practices.
• Ability to interpret and apply regulatory guidelines, policies, circulars and regulatory publications effectively.
• Experience in preparing compliance reports, regulatory submissions and management reports for Senior Management, Board Committees and regulatory authorities.
• Familiarity with Compliance Monitoring Programmes (CMP), regulatory reviews and compliance testing activities.
• Working knowledge of Anti-Money Laundering (AML) Counter Financing of Terrorism (CFT) sanctions compliance and financial crime risk management.
• Knowledge of digital asset regulations, Virtual Asset Service Providers (VASP) Travel Rule requirements and related regulatory obligations is an added advantage.
• Strong analytical and problem-solving skills with the ability to assess compliance risks and recommend practical solutions.
• Strong attention to detail and ability to handle large volumes of data accurately and efficiently.
• Good written and verbal communication skills with the ability to engage effectively with internal and external stakeholders.
• Ability to manage multiple priorities, work independently and perform effectively in a fast-paced and highly regulated environment.
• Proficient in Microsoft Office applications particularly Excel, Word and PowerPoint.

We are an established investment bank that offers a variety of financial products and services. Our range of products and services include corporate finance, corporate and investment banking, equity broking, equity and debt capital markets, equity derivatives and structured products, private equity, treasury and the provision of investment research and advisory services. We strongly believe in investing for the future and the next stage of growth.