Compliance Lead

Alphabit Fintech Ltd.; Labuan; On-site; MYR 100,000 - 150,000; Full time

Job summary

A financial technology company in Labuan seeks a Regulatory Compliance Officer to enhance compliance functions and risk management strategies. The ideal candidate will have 8 years of experience in compliance and risk management in financial services, particularly with virtual assets. Responsibilities include overseeing compliance with regulations, developing internal audit processes, and leading the local compliance team. Strong leadership and engagement skills with regulators are essential.

Qualifications

• 8 years of experience in compliance and risk management in financial services.
• Strong understanding of AML/CFT regulations and financial governance.
• Proven ability to engage with regulatory authorities.

Responsibilities

• Oversee compliance with LFSA regulations and risk management frameworks.
• Develop and implement compliance policies and procedures.
• Lead the local compliance team and execute compliance programs.

Skills

Compliance and risk management

AML/CFT regulations

Leadership

Regulatory engagement

Team development

Business proficiency in English

Business proficiency in Bahasa Melayu

Job description

ABCC is a digital asset exchange focused on driving innovation in financial services through technology. Operating under the LFSA Malaysia Finance License, ABCC is committed to maintaining high compliance standards while expanding its financial services in the region.

As part of its continued growth, ABCC is strengthening its regulatory and compliance functions to ensure robust governance and risk management practices.

Regulatory Compliance & Risk Management

• Oversee and ensure full compliance with LFSA regulations, including licensing requirements, AML/CFT obligations, and risk management frameworks.
• Develop and implement compliance policies, procedures, and controls aligned with regulatory requirements and industry best practices.
• Act as the primary point of contact for regulatory authorities
• Identify and manage compliance risks, ensuring timely reporting and resolution of regulatory issues.
• Conduct enterprise risk assessments and implement mitigation measures to enhance compliance effectiveness.

Compliance Operations & Leadership

• Build and lead the local compliance team, ensuring the effective execution of compliance programs.
• Develop and oversee internal audit processes, regulatory reporting, and compliance monitoring.
• Provide strategic compliance advisory to the Board, Senior Management, and Compliance Director.
• Develop and deliver compliance training programs to ensure regulatory awareness across the organization.
• Monitor regulatory developments and provide recommendations for compliance adjustments.
• Review and manage contractual agreements and legal documents related to compliance and regulatory requirements.

Requirements & Qualifications

• 8 years of compliance and risk management experience in financial services, preferably in virtual assets, crypto exchanges, or fintech.
• Strong understanding of AML/CFT regulations, financial governance, and risk management frameworks.
• Experience in regulatory license applications, transfers, maintenance, and renewals.
• Proven ability to engage with regulators, including LFSA, BNM, and other regional authorities.
• Demonstrated ability to develop and implement compliance strategies in a high-growth environment.
• Strong leadership skills with experience in team development and management.
• Business proficiency in English and Bahasa Melayu.