Compliance Officer

Doit; Petaling Jaya; Hybrid; MYR 120,000 - 190,000; Full time

Job summary

doit Holdings is seeking a Compliance Officer for its regulated investment platform in Malaysia. You will own the compliance framework from registration through live monitoring, reporting to the CEO and Head of Risk & Compliance at Bjak.

The role requires 5+ years in financial services with at least 3 in compliance/risk, and knowledge of SC AML/CFT guidelines. Hybrid work from Malaysia with onsite 3 days/week.

Qualifications

• A degree or professional qualification recognised by the Malaysian government.
• 5+ years in financial services, including 3 in compliance/regulatory/risk roles at SC-licensed entities.
• At least 2 years in capital markets.
• Familiar with SC Guidelines on Recognized Markets, AML/CFT Guidelines and AMLA 2001.
• Able to meet SC fit and proper criteria.

Responsibilities

• Build and run the compliance framework: monitoring plan, registers, breach and corrective action process.
• Own the registration application content and manuals (operational and compliance).
• Support independent validation of controls covering risk, compliance and AML.
• Maintain platform rulebook and manage amendments via SC review routes.
• Ensure AML monitoring is recorded in partner agreements and evidenced.
• Own conflicts of interest, anti-corruption and whistleblowing, and complaints.
• Own reporting and regulatory notifications: annual compliance report, audited accounts, board tabled audits, and key notifications within deadlines.
• Review onboarding flows, product additions, disclosures and marketing before shipment; run compliance training.

Skills

Compliance

Regulatory knowledge

Risk management

AML awareness

English communication

Education

Degree or professional qualification recognised by Malaysia

Job description

We are focused on reinventing how people spend, save, invest, exchange, travel, and more. Our objective is to build tools that will help people get more from their money and become an expert at ease. We believe AI will help make finance smart, assessible and safe.

We are looking for the most talented and driven people we can find. We are looking for people who work for their passion, not counting hours. Who loves building great next-generation products, not status quo. Who cares about redefining how everyone around us can get the best financial applications, not for an exclusive few. We have teams working around the world, with over 20 nationalities and growing from our offices and remotely. Join us and build a better future for our society.

In 2019, we built the first mobile-first, insurance platform, enabling insurance to be accessible online by millions in the region. Today, it's the leading insurance platform in Southeast Asia.

The Role

BJAK builds technology products used by millions of users across Southeast Asia. doit Holdings is our regulated investment platform in Malaysia, applying to the Securities Commission for registration as a Recognized Market Operator running an e-Services Platform.

The Compliance Officer owns compliance for that platform, from the registration application through to the monitoring that keeps it supervisable once live. You will report to the Chief Executive of doit Holdings, with an administrative reporting line to Bjak's Head of Risk and Compliance.

What You'll Own

• Building and running the compliance framework: the monitoring plan, the registers, and the breach and corrective action process.
• Owning the risk and compliance content of the registration application, including the operational and compliance manuals.
• Supporting the independent validation of controls covering risk, compliance and anti-money laundering, through to completion.
• Maintaining the platform rulebook and running amendments through the SC's review routes.
• Ensuring the anti-money laundering monitoring allocation is recorded in every partner agreement, and that the partner's monitoring is evidenced rather than assumed.
• Owning conflicts of interest, anti-corruption and whistleblowing, and complaints.
• Owning reporting and regulatory notifications: the annual compliance report, audited accounts, the periodic compliance audit tabled to the board, and every key person, breach and shareholder notification within its deadline.
• Reviewing onboarding flows, product additions, disclosures and marketing before they ship, and running compliance training across the team.

What We're Looking For

• A degree or professional qualification from an institution recognised by the government of Malaysia.
• 5+ years of relevant experience in the financial industry, including 3 in a compliance, regulatory or risk role at an SC-licensed or SC-registered entity, or at a BNM-regulated institution.
• At least 2 of those years in capital markets.
• Command of the SC's Guidelines on Recognized Markets, the SC's AML/CFT Guidelines and AMLA 2001, and the Guidelines on Conduct and on Corporate Governance for Capital Market Intermediaries.
• Able to meet the SC's fit and proper criteria.

Nice to have

• SC Licensing Examination Module 11, the International Compliance Association Diploma in Governance, Risk and Compliance, or CAMS.
• Experience of a Recognized Market Operator registration, or of an SC supervisory review.
• Experience of online distribution and multi-partner fund distribution models.

Location

This is a hybrid role. You are expected to work from our local office at least 3 days per week, with the remaining days offering flexibility to work remotely.

Candidates should be based in, or able to work from, the location where the role is advertised.

Language

English is our main working language across global teams. Strong English communication is required.

Interview Process

Our process is designed to move fast:

1. Introductory conversation

2. Regulatory and compliance deep dive

3. CEO / final round

For strong candidates, we aim to complete the process and make an offer within 1 week from the start of the interview process. Candidates who complete assessments quickly will be prioritized.