Monitoring & Testing - Group Compliance (M/SM)

AmBank Group; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

AmBank Group in Kuala Lumpur seeks a seasoned compliance leader to guide teams in adherence reviews and testing, ensuring timely identification of non-compliance and practical remediation recommendations. The role involves supporting the annual Compliance Plan, developing risk-based testing, and presenting findings to senior management.

The candidate should have a track record of audits/reviews within banking, strong regulatory knowledge, and proven people leadership to drive process

Qualifications

• Experience leading compliance reviews within banking/financial services.
• Strong understanding of regulatory requirements and control frameworks.
• Proven ability to design and implement risk-based review programs.
• Ability to present findings clearly to Senior Management.
• Excellent people management and communication skills.

Responsibilities

• Lead and guide teams to perform adherence reviews and testing to detect non-compliance.
• Assist in developing annual Compliance Plan and risk-based testing approach.
• Ensure timely completion of reviews per the approved plan and track action items.
• Prepare quality work papers and compliance assessment reports for management.
• Enhance Compliance Review Methodology, templates, and templates as needed.
• Comply with regulatory and internal policies and monitor remediation actions.

Skills

Compliance leadership

Regulatory knowledge

Team management

Risk assessment

Auditing/review

Job description

To lead and guide teams in performing adherence reviews and testing to detect any non-compliance of regulations in a timely manner, mitigating the occurrence of actual breaches and providing practical recommendations to address control deficiencies and process gaps.

Job Descriptions: -

• Assist in the development of the annual Compliance Plan
• Assist in developing risk-based review approach and testing program for each line of business
• Lead the review and guide the team to ensure objectives are met and timely completion of reviews in accordance with approved plan.
• Identify the observation/ areas of concerns that exist for the processes and controls covered
• Prepare quality work papers, compliance assessment reports/ independent validation deliverables, and periodic updates to Senior Management on findings
• Assist in enhancing the Compliance Review Methodology, Review Program and Templates as and when required
• Comply with regulatory and internal policies
• Track and monitor corrective / remedial actions to closure

Requirements: -

• 3 years in managerial role
• Worked for minimum of 5 years in compliance, banking operations, audit, risk, controls, AML, QA or relevant role
• Experience in performing audits/reviews
• Experience in project management and presentation of reports to senior management
• Good people skills and experience in leading teams
• Experience in reviewing, assessing, developing and documenting internal processes, controls and templates