Head - Operations Compliance & Risk

HLB; Kuala Lumpur; On-site; MYR 240,000 - 360,000; Full time

Job summary

Hong Leong Bank is seeking a Head of Operations, Compliance & Risk to lead the first line of defense within Group Operations. You will oversee compliance and operational risk, advise business units on regulatory requirements, and ensure controls and processes remain secure and compliant.

The role reports to the Head of Group Operations and requires strategic thinking, strong leadership, and the ability to communicate with all levels of the organization.

Qualifications

• A Degree in Accounting, Finance, Banking, Economics, or Law is required.
• Certification or qualification in compliance, risk, and governance is a plus.

Responsibilities

• Implements compliance frameworks and updates policies to meet regulatory requirements.
• Acts as single point of contact for all GO compliance matters, with Group Compliance.
• Drives awareness initiatives to build a strong compliance culture across GO.
• Oversees completion of compliance self-assessments for GO.
• Ensures timely regulatory reporting and escalation of issues to management and Group Compliance.
• Works with Group Compliance to implement new legislation for GO.
• Implements Operational Risk Management to identify risks and propose controls.
• Reviews Risk and Control Self-Assessments (RCSA) and self-audit results to ensure controls effectiveness.
• Tracks control effectiveness and reports significant risks or losses.

Skills

Leadership

Regulatory knowledge

Communication

Analytical skills

Education

Degree in Accounting, Finance, Banking, Economics, or Law

Job description

Overview:

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

As the Head ofOperationsCompliance& Risk, you will be a key leader responsible for establishing a robust first line of defense within Group Operations division (GO). You will oversee critical functions including compliance and operational risk to ensure theBank’sprocesses and controls are secure and aligned with regulatory standards.Additionally, thisrole involves advising business units on regulatory requirements and governing operational risk that may arise from inadequate processes, people, systems, or external events.

The successful candidate willreport to the Head of Group Operations.

Key Responsibilities and Accountabilities:

Functional (job responsibilities)

OperationsCompliance

• Implements theBank’sCompliance frameworks, reviews, and updates policies and procedures to ensure they comply with legal and regulatory requirements.


• Acts as the single point of contact for all compliance matters related to GO, in consultation with Group Compliance.


• Drives and facilitates compliance awareness initiatives to build a strong compliance culture across GO.


• Takes overall responsibility for the completion of compliance self-assessments for GO.


• Ensures timely and accurate regulatory reporting and escalates any compliance issues to management and Group Compliance.


• Works closely with Group Compliance to ensure new legislation and regulations applicable to GO are implemented in a timely manner.

Operational Risk

• Implements the Operational Risk Management process to identify and measure risks, and proposes new controls and risk mitigation plans.


• Provides oversight of the risk profile by reviewing Risk and Control Self-Assessments (RCSA) and self-audit checks to ensure the effectiveness of existing controls.


• Reviews audit reports to identify root causes and implements controls to prevent similar occurrences.


• Tracks the effectiveness of controls and reports significant operational risks or losses to management.

Jobholder Requirements

• Malaysian citizen.

Education/Qualification

• A Degree in Accounting, Finance, Banking, Economics, or Law, or a related discipline is required.


• Certification or qualification in compliance, risk, and governanceis a plus.

Experience/Requirements

• 10 yearsand abovemanagerial experience in a banking and financial Institution with responsibility for managing compliance or legal risk, banking operations, operational risk management and process governance.


• Knowledge of legislative aspects/regulatory requirements of banking and financial institutions and banking products is a key requirement.


• Demonstrable ability to effectively communicate, both orally and in writing, through all levels of the organization.


• Goodanalytical, critical thinking andleadership skills, with the ability to see the big picture without losing attention to detail.

About Hong Leong Bank

We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.

We seek to strike a balance between diversity, inclusion and merit to achieve ourmission of infusing diversity in thinking and skillsets into ourorganisation.Candidatesare assessed based on merit and potential, in line with our mission to attract and recruit the best talent available.Expanding on our \"Digital at the Core\" ethos, we are progressively digitising the employee journey and experience to provide a strong foundation for our people to drive life-long learning, achieve their career aspirations and grow talent from within ourorganisation.