Compliance Manager

Sunway Group; Subang Jaya; Presencial; MYR 120.000 - 180.000; Jornada completa

Descripción de la vacante

Sunway Group is seeking an experienced Compliance Manager to drive governance, risk management and regulatory adherence across our general insurance and financing operations in Malaysia. You will blend traditional relationship oversight with platform-driven initiatives to strengthen compliance programs and support business growth.

The role requires 6–8 years in compliance, risk or audit within money lending or insurance, with strong knowledge of AML/MLA rules, and familiarity with Labuan FSA

Formación

• Bachelor's Degree in a related field. Preferably in law, management, banking, finance, or accounting.
• Minimum 6–8 years in compliance, risk or audit in money lending and/or insurance.
• Strong knowledge of AML, MLA, and related regulatory frameworks.
• Familiarity with Labuan FSA supervisory expectations is an added advantage.
• Aptitude for accuracy, with strong writing, investigative, analytical and problem-solving skills.
• Proficient in Microsoft Office (Excel, Word, PowerPoint).

Responsabilidades

• Assist Head of Department with regulatory governance, training, reporting and assessments.
• Promote compliance culture and ethical conduct across the company.
• Develop and implement frameworks, policies, controls to ensure regulatory compliance.
• Conduct client due diligence and review loan/insurance agreements.
• Ensure compliance with payment regulations related to motor insurance premia.
• Coordinate with auditors and regulators on audits, licenses and disputes.
• Advise on risk and compliance matters and review new products/processes.
• Investigate non-compliance incidents and coordinate remediation.
• Deliver compliance and risk training programs.
• Perform other duties as assigned.

Conocimientos

Attention to detail

Strong writing

Analytical thinking

Problem solving

Regulatory knowledge

Educación

Bachelor's Degree in related field

Law/Management/Banking/Finance/Accounting focus preferred

Herramientas

Microsoft Office

Descripción del empleo

We are an established Corporate Insurance Agency and Credit & Leasing Company in the market. We provide general insurance services and loan financing facilities such as Hire Purchase, Industrial Hire Purchase and Term Loan.

Job Purpose:

To drive business growth by managing, servicing, and expanding our general insurance portfolio, with a primary focus on Commercial Line classes. This role blends traditional face-to-face corporate relationship management with modern, platform-driven and online initiatives to acquire new business and retain corporate accounts.

Job Description:

• Assist the Head of Department for the Company's compliance management functions, including regulatory governance and training such as compliance policies and regulations, assessments, reporting and training.
• Promote compliance culture and ethical conduct across the Company.
• Develop, establish, implement, monitor and continuously improve frameworks, policies, procedures and controls, etc. to ensure compliance by the Company with all applicable laws, regulations and guidelines, including anti-money laundering (AML) and moneylenders act (MLA) rules and regulations.
• Conduct review and due diligence for clients and loan/insurance agreements where required.
• Ensure compliance with Cash-Before-Cover regulations pertaining to payment of motor insurance premium.
• Liaise with internal/external auditors and regulators on audit, license/renewal and dispute/complaints.
• Assist Head of Department and work closely with the Company’s business, finance and audit functions to monitor and test the adequacy of the Company’s compliance and risk management efforts. Recommend preventive and corrective measures, and escalate any issues where required.
• Advise on risk and compliance matters, including assisting to review and provide recommendations on new products/services and processes.
• Investigate non-compliance incidents, coordinate incident reporting and remediation efforts.
• Develop and conduct compliance and risk related training programmes.
• Any other duties as and when assigned from time to time.
• Possess a Bachelor’s Degree in any related field, preferably in law, management, banking, finance, or accounting.
• Minimum of 6 - 8 years experience in a compliance, risk or audit role in the money lending and/or insurance industry.
• A good understanding of the regulatory requirements and interpretation of rules and guidance under the Moneylenders Act, Anti-Money Laundering, Anti-Terrorism Financing, Anti-Restricted Activity Financing and Proceeds of Unlawful Activities Act (AMLA), Ministry of Local Development Department, and relevant authorities.
• Experience with regulatory requirements and supervisory expectations of the Labuan Financial Services Authority (Labuan FSA) and reinsurance broking is an added advantage.
• Aptitude for accuracy and attention to details; strong writing, investigative, reasoning, analytical, and problem solving skills.
• Familiar and competent in the use of Microsoft Office (Excel, Word and Powerpoint).