Compliance Officer – Assistant Manager / Manager

Perinsuran; Petaling Jaya; Presencial; MYR 90.000 - 150.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Full-time

Descripción de la vacante

Perinsuran seeks an experienced Compliance Officer to oversee regulatory compliance within the Malaysian insurance sector. The role involves advisory services, policy development, and monitoring to ensure adherence to BN Malaysia rules, FSA/IFSA, PDPA, and governance standards.

Requires a law/finance/business degree and at least five years in compliance or regulatory affairs, with strong analytical and communication skills to collaborate across departments.

Formación

• Bachelor's Degree in Law, Finance, Business Administration, or a related field.
• Five (5) years of relevant compliance or regulatory experience.
• Strong knowledge of Malaysia's insurance regulatory requirements.
• Excellent analytical, problem-solving, and communication skills.
• Ability to communicate with management and stakeholders.

Responsabilidades

• Regulatory compliance & advisory across BN Malaysia rules and guidelines.
• Monitor, review, and report on compliance gaps and actions.
• Develop and maintain compliance policies and frameworks.
• Support AML/CFT policy implementation and regulatory reporting.
• Deliver compliance training and promote a strong culture of ethics.

Conocimientos

Regulatory knowledge

Analytical thinking

Communication skills

Educación

Bachelor's Degree in Law, Finance, Business Administration, or related field

Descripción del empleo

At Perinsuran Brokar, we believe our people are the foundation of our success. We foster a professional and supportive working environment where individuals can grow, develop their skills, and contribute to our shared goals. We value integrity, teamwork, and a commitment to delivering quality service to our clients. If you are looking for an opportunity to build your career, make a meaningful contribution, and grow with us, we invite you to explore our current job openings and become part of the Perinsuran Brokar team.

Compliance Officer - Assistant Manager / Manager

• Employment type: Full-time

We are seeking an experienced and detail-oriented Compliance Officer to support and oversee the company's compliance function within the insurance industry. The successful candidate will be responsible for ensuring that the company complies with applicable regulatory requirements, including those issued by Bank Negara Malaysia (BNM), the Financial Services Act 2013 (FSA), the Islamic Financial Services Act 2013 (IFSA), the Personal Data Protection Act (PDPA), and other relevant laws, guidelines, and industry standards.

This role involves providing regulatory guidance, developing and maintaining compliance frameworks, conducting compliance reviews, monitoring regulatory developments, and promoting a strong culture of ethical conduct and regulatory compliance throughout the organization.

Key responsibilities

1. Regulatory Compliance & Advisory

Monitor, interpret, and advise on regulatory requirements issued by Bank Negara Malaysia (BNM), including policy documents, guidelines, and circulars.

Provide compliance advice to business units on insurance products, operations, distribution channels, and outsourcing arrangements.

Ensure regulatory updates and new requirements are implemented effectively and within the required timelines.

Develop, review, and maintain compliance policies, procedures, and frameworks in accordance with applicable regulatory requirements and industry best practices.

Ensure internal policies and procedures align with the Financial Services Act 2013, Islamic Financial Services Act 2013 (where applicable), AML/CFT requirements, and corporate governance standards.

Support management in fulfilling the company's regulatory governance and compliance obligations.

3. Compliance Monitoring, Testing & Reporting

Conduct compliance monitoring reviews and thematic assessments across business units.

Identify compliance gaps, document findings, and monitor the implementation of corrective and preventive action plans.

Prepare compliance reports for senior management, Board Committees, and regulatory submissions, where required.

Support the implementation and monitoring of Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) policies, procedures, and controls in accordance with applicable BNM requirements.

Assist in reviewing suspicious transactions, managing escalations, and fulfilling relevant reporting obligations.

Promote awareness of financial crime risks and strengthen compliance practices across the organization.

5. Training & Compliance Culture

Develop and deliver compliance and regulatory training programmes for employees and relevant stakeholders.

Promote ethical conduct, regulatory awareness, and a strong compliance culture throughout the organization.

6. Regulatory Engagement & Audits

Liaise with internal and external auditors on compliance-related matters.

Support regulatory examinations, supervisory reviews, and compliance audits.

Coordinate responses to regulatory enquiries, audit findings, and compliance-related remediation actions.

Identify, assess, monitor, and elevate compliance risks in a timely manner.

Support investigations into potential regulatory breaches, misconduct, and violations of internal policies.

Recommend appropriate corrective and preventive measures to mitigate compliance risks.

8. Team & Stakeholder Management

Collaborate with the Operations and IT teams to address compliance matters and support the implementation of relevant controls.

Work closely with internal stakeholders to strengthen compliance processes and operational effectiveness.

Contribute to the strategic development and continuous improvement of the company’s compliance function.

Requirements

Bachelor's Degree in Law, Finance, Business Administration, or a related field.

Minimum of five (5) years of relevant experience in compliance, regulatory affairs, or a related role.

Sound knowledge of regulatory requirements governing the insurance industry in Malaysia.

Strong analytical, problem-solving, and communication skills.

Excellent attention to detail and the ability to interpret regulatory requirements and translate them into practical business processes.

Ability to work collaboratively with different departments and communicate effectively with management and relevant stakeholders.