Compliance Officer

RHB Bank; Kuala Lumpur; On-site; MYR 80,000 - 110,000; Full time

Job summary

A leading financial institution in Kuala Lumpur seeks a Compliance Officer to establish and ensure adherence to relevant laws in the fund management industry. Responsibilities include conducting compliance reviews, providing support and guidance to business divisions, and preparing reports for the Board of Directors. This role requires solid experience in compliance, regulatory knowledge, and strong team management skills.

Qualifications

• Experience in compliance within the fund management industry is essential.
• Strong understanding of relevant laws and regulations.
• Ability to manage and guide team members effectively.

Responsibilities

• Establish compliance standards for the Business Division.
• Conduct Compliance Reviews as per the Annual Work Plan.
• Review investment and operations for compliance with regulatory standards.

Job description

• To establish and ensure the Business Division comply with relevant laws, rules, regulations and guidelines on the fund management industry by conducting Compliance Reviews;
• To provide advice, guidance, support and implement compliance solutions to Business Divisions to ensure effective implementation of the compliance objective/culture;
• Conduct assigned Compliance Reviews in accordance with the Annual Work Plan;
• Manage and provide guidance/knowledge to team members in the areas of their assignment/review;
• Perform review on Investment and Operations areas such as reviewing asset allocation and investment restrictions, checking and clearing breaches in Violation Manager, sending e-mail to fund managers to seek clarification on the breaches and subsequently, incorporating in monthly Compliance Report to the Board of Directors ("BOD"), reviewing regulatory submission to the SC via ComRep (XBRL) on monthly, half yearly and annual basis and also, other regulatory body, reviewing the policies and procedures manuals of the company in line with changes in the laws, regulations, guidelines and industry developments, preparing ad-hoc reports/papers from Compliance to the BOD, Investment Committee, Management Committee, such as status update of Compliance Annual Work Plan, Compliance Risk Assessment, and others;
• Coordinate with relevant business units and compilation of information for regulatory visits, trustee visits, audits conducted by Employees Provident Fund ("EPF")’s auditor, statutory laws and Federation of Investment Managers Malaysia ("FIMM")’s requests;
• Dissemination of information such as new or revised guidelines, laws, rules and regulations, and industry or market updates to the management and relevant employees of the company;
• Any other responsibilities/assignments as assigned by the Head of Compliance, Asset Management, from time to time.