Manager, Group Regulatory Advisory

Alliance Bank Malaysia Berhad; Kuala Lumpur; On-site; MYR 100,000 - 180,000; Full time

Job summary

Alliance Bank Malaysia Berhad is seeking a Regulatory Compliance Lead to disseminate new regulations and coordinate responses to consultations. The role includes preparing Attestation of Compliance (AOC) and Gap Analysis (GA) for regulations, maintaining the regulatory risk framework, and publishing updates on the InAlliance Portal.

You will advise business units on regulatory matters, conduct staff training, and liaise with regulators to ensure robust compliance across the bank's operations.

Qualifications

• Sound knowledge of compliance and regulatory matters.
• Strong leadership and strategic thinking.
• Ability to influence and work collaboratively with colleagues across Group Compliance, Group Risk, Group Internal Audit, and other units.
• Good analytical thinking and problem solving skills.
• Good writing and communication skills.
• Good interpersonal skills.
• Able to lead and motivate the team under supervision.

Responsibilities

• Disseminate new/revised regulations to stakeholders.
• Coordinate responses to regulatory/industry consultations for submission.
• Prepare and review GA & AOC for new/revised regulations submitted by stakeholders.
• Review GA & AOC Template Process.
• Review Group Compliance Risk Assessment (GCRA) submissions.
• Maintain Regulatory Risk Matrix.
• Publish regulations to InAlliance Portal.
• Provide compliance advisory to assist business units to manage compliance risk.
• Review publications and communications materials.
• Conduct training for new joiners and onboarding staff.
• Engage with business and support units to manage regulatory risk.

Skills

Leadership

Strategic thinking

Influencing

Analytical thinking

Writing & communication

Interpersonal skills

Independent work

Job description

Disseminate new/revised regulations to stakeholders.

Disseminate regulatory/industry consultations to relevant business unit to comment/review and coordinate the responses for submission.

Prepare and review Gap Analysis (“GA”) & Attestation of Compliance (“AOC”) for new/revised regulations submitted by stakeholders.

Review and maintain the GA & AOC Template Process.

Review Group Compliance Risk Assessment (“GCRA”) submitted by stakeholders.

Maintenance of Regulatory Risk Matrix.

Publish regulations to InAlliance Portal.

Regulatory Advisory for New Initiatives/Products/Services/Projects

Provide compliance advisory to assist business unit/support unit to manage their compliance risk.

Review publication and communication materials.

Provide compliance advisory on the new initiatives/projects of the Bank.

Conduct training for new joiners and newly on-boarded customer facing staff, as and when required.

Continuous engagement with business unit/support unit.

Regulatory Breach Management

Review the Regulatory Breach Notification submitted by business unit/support function to ensure the reasonableness on their proposed corrective action plan.

Notify regulators of any regulatory breaches.

Submit secrecy breach report to regulators.

Regulatory Relationship

Liaison party between the Bank and the regulators, government bodies and relevant associations.

Other Ancillary Functions

Attend to any ad-hoc compliance advisory matters assigned by the Group Chief Compliance Officer.

Supervisory Roles

Review tasks completed by subordinates for completeness and alignment to overall strategy and compliance framework.

Provide guidance, supervision and motivation to team members to enable them to carry out their duties effectively on all functions/activities.

Requirements:

Skills

Sound knowledge of compliance and regulatory matters.

Strong leadership and strategic thinking.

Ability to influence and work collaboratively with colleagues across Group Compliance, Group Risk, Group Internal Audit, and other respective business unit/support unit.

Good analytical thinking and problem solving skills.

Good writing and communication skills.

Good interpersonal skills.

Able to lead and motivate the team under supervision.

Proactive and able to work independently as well as in a team.

Knowledge

Professional qualification or Degree in Banking & Finance, Business Administration, Law or other relevant discipline.

Knowledge in IT Technology and/or banking operations and products.

Experience

Experience in compliance, risk management or internal audit function is an added advantage.

Experience in IT Technology and/or banking operations is an added advantage.

Alliance Bank Malaysia Berhad and its subsidiary, Alliance Islamic Bank Berhad, offers banking and financial solutions through its consumer, SME, corporate, commercial and Islamic banking. The Bank provides easy access to its broad base of customers throughout the country via multi-pronged delivery channels that include retail branches, Privilege Banking Centres, Business Centres, Investment Bank branches, and mobile and Internet banking.

About Alliance Bank Malaysia Berhad

Alliance Bank Malaysia Berhad and its subsidiary, Alliance Islamic Bank Berhad, offers banking and financial solutions through its consumer, SME, corporate, commercial and Islamic banking. The Bank provides easy access to its broad base of customers throughout the country via multi-pronged delivery channels that include retail branches, Privilege Banking Centres, Business Centres, Investment Bank branches, and mobile and Internet banking.