Compliance Manager

FOMO Solution Sdn. Bhd.; Johor Bahru; On-site; MYR 60,000 - 80,000; Full time

Job summary

A financial services company in Johor Bahru is seeking an experienced Compliance Manager to serve as the primary liaison with BNM and manage compliance infrastructure setup. The ideal candidate will have a degree in Finance or a related discipline, at least 5 years of experience in a regulated institution, and deep knowledge of Malaysian financial regulations. Responsibilities include managing KYC processes, drafting compliance procedures, conducting risk assessments, and delivering compliance training. This role offers various benefits and career advancement opportunities.

Benefits

Annual Leave

Medical Insurance

Performance Bonus

Training Provided

Company Trip

Fun and Dynamic Environment

Career Advancement

Qualifications

• Minimum 5 years of relevant experience in a regulated financial institution.
• Preference for prior experience in Payments institutions, Fintech, or Banks.
• Deep, current knowledge of Malaysian financial regulations.

Responsibilities

• Serve as the primary liaison with BNM for regulatory and licensing.
• Advise Management on regulations and perform gap analysis.
• Manage end-to-end KYC/CDD process and AML/CFT policies.
• Implement and execute a robust Compliance Monitoring Programme.
• Develop and deliver compliance training.

Skills

Self-Driven

Analytical

Sound Judgment

Prudent

Education

Degree in Finance, Business, Law, or a related discipline

Tools

Compliance Monitoring Programmes

Risk Assessment Tools

Job description

Requirement

• Education:

  Degree in Finance, Business, Law, or a related discipline.

• Experience:

  Minimum 5 years of relevant experience in a regulated financial institution, with a preference for prior experience in Payments institutions, Fintech, or Banks.

• Expert Knowledge:

  Deep, current knowledge of core Malaysian financial regulations, including FSA 2013, AMLA 2001, MSBA 2011, and relevant BNM Policy Documents (Payment System Operator, E‑money, AML/CFT, Risk Management in Technology).

• Tools:

  Familiarity with Compliance Monitoring Programmes and Risk Assessment Tools.

• Core Competencies:
  • Self‑Driven & Setup Focus:

    Must be highly Self‑Driven and Independent, capable of using own initiative to drive outcomes, particularly for office/licensing setup, and liaise effectively with the MY regulator.

  • Analytical & Prudent:

    Strong Analytical skills, resourcefulness, and sound judgment in identifying risks. Must be Prudent and keen on details for effective issue resolution.

Responsibility

• Regulatory & Licensing:

  Serve as the primary liaison with BNM. Independently drive the setup of the MY Office and compliance infrastructure. Proactively assist with necessary licensing requirements and submissions.

• Advisory & Analysis:

  Advise Management and staff on regulations (FSA, AMLA, BNM Policy Documents). Perform gap analysis on new/updated regulations.

• AML/CFT Management:

  Draft and implement compliance procedures. Manage the end‑to‑end KYC/CDD process for customers and merchants. Manage the KYT process, including reviewing transaction monitoring alerts and updating AML/CFT policies.

• Risk & Monitoring:

  Perform required Risk Assessments (leveraging Compliance Monitoring / Risk Assessment Tools). Implement and execute a robust Compliance Monitoring Programme. Escalate issues to Management.

• Governance & Training:

  Develop and deliver compliance training. Represent Compliance in Group IT projects (including UAT). Liaise with internal and external auditors.

Benefits

• Annual Leave
• Medical and Hospitalisation Leave
• EPF / SOCSO / PCB
• Medical Insurance
• Allowance Provided
• Performance Bonus
• Training Provided
• 5 Working Days
• Company Trip
• Fun and Dynamic Environment
• Career Advancement