Internal Controls and Regulatory Complaince, Assistant Manager

Daimler AG (Canada); Puchong; On-site; MYR 120,000 - 180,000; Full time

Job summary

Mercedes-Benz Group AG in Malaysia seeks an Assistant Manager to lead Internal Controls, Regulatory Compliance, and GRC initiatives across the organization. You will develop frameworks, support audits, and drive continuous improvement of the control environment.

The role includes acting as Deputy AML Officer and Deputy Data Protection Officer, coordinating regulatory reporting, and collaborating with cross‑functional teams to address compliance risks.

Qualifications

• Education: Finance/Business Administration/Communication
• Work experience: Internal Audit / Internal Controls / Compliance / Business Operations / Communication
• Industry experience: Financial Services / Banking / Consulting
• Project Management experience is additional advantage
• Cross-cultural experience is very important due to international team
• Duration of work experience: ideally at least 3 years in above mentioned working environment
• Strong analytical and problem-solving skills; independent work; team player; punctuality and budget discipline
• Excellent communication skills in English; additional languages advantageous

Responsibilities

• Plan, develop, and maintain Governance, Risk, and Compliance (GRC) processes, frameworks, and documentation.
• Conduct analysis and assessments to identify and evaluate governance, risk, and compliance requirements.
• Prepare and present GRC reports, dashboards, and management updates.
• Monitor the implementation and effectiveness of business controls and risk mitigation measures.
• Follow up on all GRC action items to ensure timely closure and appropriate documentation.
• Escalate overdue actions, control deficiencies, and emerging risks to management.
• Support stakeholders in addressing control gaps and strengthening governance practices.
• Drive continuous improvement initiatives to enhance the overall control environment.
• Support operational readiness activities for Corporate Audits and Risk Reviews.
• Maintain audit trackers and publish local reports for identified audit findings and action items.
• Monitor the timely completion of audit actions and escalated issues that may impact delivery timelines.
• Plan, develop, and execute internal audits, including analysis, documentation, and reporting to management.
• Conduct periodic internal risk assessments based on risks identified in Risk Review eBooklets and common Corporate Audit findings from other markets.
• Carry out ad hoc reviews and investigations for identified risk areas and control weaknesses.
• Support management in implementing corrective actions and strengthening internal control frameworks.
• Develop, maintain, and standardize process management templates, frameworks, and documentation.
• Ensure consistency and compliance of process documentation across business functions.
• Conduct training sessions and awareness programs on process management principles and governance requirements.
• Promote employee understanding of process ownership, accountability, and best practices.
• Monitor and review process adherence, effectiveness, and process maturity levels.
• Prepare process governance reports and recommend improvement initiatives to enhance operational efficiency.
• Act as Deputy Anti-Money Laundering (AML) Officer and Deputy Data Protection Officer.
• Support the implementation of AML and Data Compliance requirements in accordance with local regulations and Mercedes-Benz AG policies.
• Assist in the assessment, monitoring, and management of Compliance risks across key compliance areas.
• Support the implementation of mitigating controls, processes, and measures in line with applicable regulations and Compliance Measure Sets.
• Monitor compliance-related processes and controls to ensure ongoing adherence to regulatory and internal requirements.
• Prepare compliance monitoring reports, risk assessments, and management updates for relevant stakeholders.
• Support training, awareness, and communication initiatives relating to Integrity and Compliance risk fields.
• Support Compliance activities in Anti-Money Laundering, Anti-Corruption, Sanctions Compliance, Supplier Compliance Risk Management, and Data Compliance.
• Monitor and interpret applicable laws, regulations, and regulatory guidelines to ensure ongoing compliance.
• Develop, implement, and maintain regulatory compliance policies, procedures, and controls.
• Conduct internal audits and risk assessments to identify compliance risks and recommend corrective actions.
• Prepare, review, and submit regulatory reports, notifications, and required documentation to regulators.
• Maintain accurate and up-to-date regulatory compliance records and documentation.
• Develop and deliver training programs to educate employees on regulatory requirements and compliance best practices.
• Monitor regulatory developments and update internal policies and procedures accordingly.
• Collaborate with cross-functional teams to address regulatory matters and ensure integrated compliance efforts across the organization.

Job description

Job Description - Internal Controls and Regulatory Complaince, Assistant Manager (MER0004901)

Internal Controls and Regulatory Complaince, Assistant Manager Group : Mercedes-Benz Group AG

Description

1. Business Controls Management

Plan, develop, and maintain Governance, Risk, and Compliance (GRC) processes, frameworks, and documentation.

• Conduct analysis and assessments to identify and evaluate governance, risk, and compliance requirements.
• Prepare and present GRC reports, dashboards, and management updates.
• Monitor the implementation and effectiveness of business controls and risk mitigation measures.
• Follow up on all GRC action items to ensure timely closure and appropriate documentation.
• Escalate overdue actions, control deficiencies, and emerging risks to management.
• Support stakeholders in addressing control gaps and strengthening governance practices.

Drive continuous improvement initiatives to enhance the overall control environment.

2. Internal Audit and Internal Controls

• Support operational readiness activities for Corporate Audits and Risk Reviews.
• Maintain audit trackers and publish local reports for identified audit findings and action items.
• Monitor the timely completion of audit actions and escalated issues that may impact delivery timelines.
• Plan, develop, and execute internal audits, including analysis, documentation, and reporting to management.
• Conduct periodic internal risk assessments based on risks identified in Risk Review eBooklets and common Corporate Audit findings from other markets.
• Perform hygiene checks on high-risk areas highlighted in previous audits, risk reviews, and eBooklets.
• Carry out ad hoc reviews and investigations for identified risk areas and control weaknesses.
• Support management in implementing corrective actions and strengthening internal control frameworks.

3. Process Management

• Develop, maintain, and standardize process management templates, frameworks, and documentation.
• Ensure consistency and compliance of process documentation across business functions.
• Conduct training sessions and awareness programs on process management principles and governance requirements.
• Promote employee understanding of process ownership, accountability, and best practices.
• Monitor and review process adherence, effectiveness, and process maturity levels.
• Prepare process governance reports and recommend improvement initiatives to enhance operational efficiency.

4. Compliance Office Support

• Act as Deputy Anti-Money Laundering (AML) Officer and Deputy Data Protection Officer.
• Support the implementation of AML and Data Compliance requirements in accordance with local regulations and Mercedes-Benz AG policies.
• Assist in the assessment, monitoring, and management of Compliance risks across key compliance areas.
• Support the implementation of mitigating controls, processes, and measures in line with applicable regulations and Compliance Measure Sets.
• Monitor compliance-related processes and controls to ensure ongoing adherence to regulatory and internal requirements.
• Prepare compliance monitoring reports, risk assessments, and management updates for relevant stakeholders.
• Support training, awareness, and communication initiatives relating to Integrity and Compliance risk fields.
• Support Compliance activities in Anti-Money Laundering, Anti-Corruption, Sanctions Compliance, Supplier Compliance Risk Management, and Data Compliance.

5. Regulatory Compliance

• Monitor and interpret applicable laws, regulations, and regulatory guidelines to ensure ongoing compliance.
• Develop, implement, and maintain regulatory compliance policies, procedures, and controls.
• Conduct internal audits and risk assessments to identify compliance risks and recommend corrective actions.
• Prepare, review, and submit regulatory reports, notifications, and required documentation to regulators.
• Maintain accurate and up-to-date regulatory compliance records and documentation.
• Develop and deliver training programs to educate employees on regulatory requirements and compliance best practices.
• Monitor regulatory developments and update internal policies and procedures accordingly.

Collaborate with cross-functional teams to address regulatory matters and ensure integrated compliance efforts across the organization.

Qualifications

• Education: Finance/Business Administration/Communication
• Work experience: Internal Audit / Internal Controls / Compliance/Business Operations / Communication
• Industry experience: Financial Services / Banking / Consulting
• Project Management experience is additional advantage
• Cross-cultural experience: very important due to international team
• Duration of work experience: ideally at least 3 years in above mentioned working environment

2. Critical and soft skills

• Strong analytical and problem-solving skills, with ability to think creatively
• Ability to work independently with minimal supervision
• Team player with excellent interpersonal skills
• Focus on punctuality and strictness, keeping timelines and budgets
• Excellent communication skills; strong ability to communicate orally and in writing
• Ability to handle multiple initiatives at once and work under tight deadlines with attention to detail
• Ability to understand IT and business processes
• Excellent Project and Process Management skills
• MS Office, PowerPoint and AI tools
• Fluent in spoken and written English, other languages (e.g. Bahasa Malaysia, Cantonese, Mandarin etc.) will be advantageous