Designated Compliance Officer (DCO)

KJ ADVANCED INVESTMENT BANK LIMITED (KAIB); Labuan; On-site; MYR 180,000 - 300,000; Full time

Benefits offered by this job

Housing allowance

Parking allowance

Job summary

KJ Advanced Investment Bank KAIB in Labuan, Malaysia, seeks a Designated Compliance Officer (DCO)/Head of Risk & Compliance to establish and lead the regulatory framework. The role emphasizes independence, strategic risk oversight, and strong liaison with regulators.

With 4–10 years in financial services compliance, you will drive AML/CFT programs, risk controls, and reporting, ensuring Labuan and international standards are met while embedding a culture of compliance across KAIB.

Qualifications

• 4–10 years of experience in financial services compliance.
• At least 2–3 years in banking or investment banking.
• Strong knowledge of AML/CFT frameworks and regulatory compliance.
• Experience liaising with authorities and performing regulatory reporting.

Responsibilities

• Develop, implement, and oversee AML/CFT, compliance, and risk management frameworks, policies, and controls.
• Ensure full compliance with Labuan regulatory requirements and applicable international standards.
• Lead the identification, assessment, monitoring, and mitigation of compliance and regulatory risks across the organization.
• Establish and maintain an enterprise risk management framework aligned with the bank's risk profile.
• Oversee STR and all regulatory reporting obligations.
• Act as the primary liaison with regulators and relevant authorities on compliance and risk matters.
• Conduct compliance monitoring, risk assessments, and periodic internal reviews.
• Provide independent advisory to management on regulatory, compliance, and risk matters.
• Promote and embed a strong compliance and risk culture across the organization.
• Operate with independence and authority in reporting to senior management and the Board.

Skills

AML/CFT knowledge

Regulatory compliance

Risk management

Independence

Stakeholder liaison

Job description

We are seeking a highly responsible and detail-oriented Designated Compliance Officer (DCO)/Head of Risk & Compliance to establish, lead, and maintain KAIB's compliance and regulatory framework. This role carries significant responsibility in ensuring the bank operates in full compliance with applicable laws, regulations, and regulatory expectations.

Key responsibilities

Develop, implement, and oversee AML/CFT, compliance, and risk management frameworks, policies, and controls

Ensure full compliance with Labuan regulatory requirements and applicable international standards

Lead the identification, assessment, monitoring, and mitigation of compliance and regulatory risks across the organization

Establish and maintain an effective enterprise risk management framework aligned with the bank's risk profile

Oversee Suspicious Transaction Reporting (STR) and all regulatory reporting obligations

Act as the primary liaison with regulators and relevant authorities on compliance and risk matters

Conduct compliance monitoring, risk assessments, and periodic internal reviews

Provide independent advisory to management on regulatory, compliance, and risk matters

Promote and embed a strong compliance and risk culture across the organization

Operate with appropriate independence and authority in reporting compliance and risk matters to senior management and the Board

About you

4–10 years of experience in financial services compliance, including at least 2–3 years in banking or investment banking

Proven experience in a compliance, risk, or control function within a regulated financial institution

Strong knowledge of AML/CFT frameworks, regulatory compliance, and risk management practices

Experience within Labuan or other regulated jurisdictions is preferred

Proven experience in STR, regulatory reporting, and liaison with authorities

Strong ethical standards with the ability to meet Fit and Proper criteria

Ability to operate independently with sound judgment and professional integrity

Experience in establishing, enhancing, or managing compliance and risk frameworks will be highly advantageous

About us

KJ Group is a Japan-headquartered financial services group expanding across Asia, with strong expertise in capital financing, investment services, and fintech. As part of our continued expansion, we are establishing KJ Advanced Investment Bank (KAIB) — an investment bank that integrates investment banking, digital finance, and cross-border solutions within a forward-looking platform. At KAIB, we are building a dynamic team and offer the opportunity to be part of a growing institution with regional and international exposure.

Foundational Leadership Role — Play a key role in establishing the compliance and risk framework of a new investment bank

High Strategic Impact — Contribute directly to governance, control, and long-term institutional development

Regulatory and Industry Exposure — Work closely with regulators and regional stakeholders across Asia

Competitive Compensation — Attractive remuneration with performance-based incentives, including bi-annual bonus and salary review

Professional Development — Access to internal and external training to support continuous growth

Supportive Benefits — Housing and parking allowances within a collaborative and performance-driven environment

Your application will include the following questions:

• What's your expected monthly basic salary?
• How many years' experience do you have as a compliance officer?
• Which of the following types of qualifications do you have?
• Do you have experience using Risk Frameworks?
• How many years experience in Investment Banking do you have?
• How many years experience in Internal Audit do you have?
• How many years' experience do you have in the financial services industry?