AVP, Group Compliance (Capital Market Supervision)

Kenanga Investment Bank Berhad; Kuala Lumpur; On-site; MYR 200,000 - 250,000; Full time

Job summary

An established investment bank in Kuala Lumpur is seeking an AVP, Group Compliance to support regulatory compliance in various financial services. Responsibilities include independent reviews, monitoring compliance, and advising stakeholders on control room matters. The ideal candidate holds a degree in Finance/Business/Law and has at least 5 years of experience in compliance within financial institutions. Significant knowledge of regulatory requirements is essential.

Qualifications

• Minimum 5 years’ compliance experience in a financial institution with specialization in compliance, audit or risk management.
• In-depth knowledge of latest regulatory requirements on capital markets and wholesale financial markets, issued by BNM, SC and Bursa Malaysia is a MUST.
• Strong written communication and inter-personal skills as the function requires effective interaction with various departments.

Responsibilities

• Conduct independent review in relation to compliance with regulatory requirements and internal policies.
• Assist in the day-to-day control room related matters.
• Review trading records and communication logs to identify patterns or red flags.

Education

Bachelor’s or Master’s Degree or Professional Qualification in Finance/Business/Law/Economics

Job description

AVP, Group Compliance (Capital Market Supervision)

To support and assist the Senior Vice President of Capital Market Supervision, Group Compliance, to promote and manage regulatory compliance requirements of investment banking, equity derivatives, treasury, research, private equity business in Kenanga Group. Besides, to also facilitate and assist in control room related matters.

Key Responsibilities:

• Conduct independent review in relation to compliance with the applicable regulatory requirements and internal policies and procedures prior to submission of corporate proposals to the regulators
• Assist in the day-to-day control room related matters pertaining to maintaining and monitoring restricted list & blackout list, handling of crossing over the wall request, management of conflict of interest, reviewing of employee trades, etc
• Assist in designing and carrying out review based on the compliance programme in accordance with CMS’s annual work plan
• Review trading records, communication logs, and other data to identify patterns or red flags indicating possible misconduct
• Assist in the preparation of monthly and ad hoc report on regulatory matters to the Senior Management, Board and Regulators
• Assist in developing and reviewing CMS’s policies & procedures as well as independent reviewer for business units under CMS’s purview
• Advise various businesses and compliance stakeholders on control room related matters
• Assist to report any non-compliance to the Head of Group Compliance for further action
• Support training initiatives to educate employees on compliance standards and promote a culture of ethical trading practices
• Assist the SVP, CMS in any other responsibilities / tasks as assigned from time to time.

Job Requirements:

• Bachelor’s or Master’s Degree or Professional Qualification in the relevant discipline such as Finance/Business/Law/Economics
• Minimum 5 years’ compliance experience in a financial institution with specialization in compliance, audit or risk management. Candidates from Corporate Finance, Investment Banking and Treasury would be considered as well
• In-depth knowledge of latest regulatory requirements on capital markets and wholesale financial markets, issued by BNM, SC and Bursa Malaysia is a MUST
• Sound knowledge and conversant with Foreign Exchange Policy (“FEP”) rules.
• Experience in financial markets (i.e. FX, fixed income, money market) gained in surveillance, trading or operation activity will be an added advantage
• Knowledge of Control Room function, including the related rules and regulations.
• Able to work independently under pressure and with minimum supervision
• Strong written communication and inter-personal skills as the function requires effective interaction with various departments
• Proficient in report writing

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.