Exec / Sr Exec / Asst Manager / Manager - Personal Financial Services Credit (Compliance) | Kua[...]

Hong Leong Bank; Kuala Lumpur; On-site; MYR 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a dedicated compliance professional to lead efforts in regulatory adherence within personal financial services. This role involves providing critical advisory support, managing audits, and fostering a culture of compliance across the organization. The ideal candidate will have over five years of experience in the banking sector, with a strong background in operational risk management and stakeholder engagement. Join a dynamic team where your contributions will directly impact the governance and integrity of financial operations, ensuring a robust compliance framework that aligns with regulatory standards.

Qualifications

• Degree in law, finance, business administration, or related fields preferred.
• 5+ years of experience in regulatory compliance and operational risk.

Responsibilities

• Provide compliance advisory support to stakeholders on regulatory risks.
• Manage audits and queries from regulatory bodies and internal stakeholders.
• Develop compliance training programs to enhance awareness.

Skills

Regulatory Compliance

Operational Risk Management

Audit Management

Stakeholder Engagement

Training Development

Education

Degree in Law

Degree in Finance

Degree in Business Administration

Job description

Exec / Sr Exec / Asst Manager / Manager - Personal Financial Services Credit (Compliance)

If you are looking to excel and make a difference, take a closer look at us...

Functional (job responsibilities)

1. Serve as the first line of defense to provide compliance advisory support to division's stakeholders on regulatory/internal compliance and operational risks.
2. Act as the main liaison to manage division audits, queries, assessments, and surveys from parties such as:

• Regulatory bodies - BNM, ABM, LEA (Law Enforcement Agencies)
• Internal stakeholders - Internal Audit, Group Compliance, Group Risk, Group Legal, Group Ops & Technology, Enterprise Business Continuity Management

Collaborate with Group Compliance and Group Risk to review key regulatory guidelines, risk attestations, and due diligence for outsourcing activities.

Facilitate independent reviews to identify non-conformities, assess efficiency, and strengthen governance through sound internal controls.

Review division self-assessment test plans to improve operational risk and internal control management.

Conduct mystery shopping, spot, and surveillance checks to mitigate compliance violations and regulatory issues.

Manage the process of implementing new regulatory guidelines, exposure drafts, and internal policies, including impact analysis, gap identification, action resolution, and documentation.

Promote a culture of zero tolerance for delays or non-reporting of fraud, breaches, and lapses.

Create dashboards and reports for risk and control oversight.

Develop compliance training, gamification programs, and communication to enhance awareness and knowledge retention.

Provide leadership support to department BUCRs/ORRs on compliance matters.

Education/Qualification

• Preferably a degree in law, finance, business administration, or related fields.

Experience

• Over 5 years of experience in regulatory compliance and operational risk within the banking industry.

About Hong Leong Bank...