Regulatory Compliance Manager, Markets and Securities Services - Malaysia

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

Job summary

HSBC is seeking a Regulatory Compliance Manager in Malaysia with expertise in compliance strategies for both conventional and Islamic banking. The role involves risk assessment, policy development, and stakeholder engagement to ensure HSBC adheres to regulatory standards while fostering a culture of compliance across multiple banking services.

Qualifications

• Experience in regulatory compliance management in banking.
• Strong understanding of Islamic and conventional banking regulations.
• Ability to communicate with regulators and industry bodies.

Responsibilities

• Identify and assess compliance risks and impacts on banking models.
• Monitor regulatory developments affecting Markets and Securities Services.
• Engage with business teams to implement compliance policies.

Skills

Regulatory Compliance

Risk Management

Stakeholder Engagement

Monitoring Regulatory Changes

Policy Development

Job description

Some careers grow faster than others.

If you’re looking for a career that offers plenty of opportunities to develop, join HSBC and unlock your potential.

HSBC is one of the largest banking and financial services organizations worldwide, operating in 64 countries and territories. We aim to be where growth is, helping businesses thrive, economies prosper, and individuals realize their ambitions.

We are currently seeking an experienced professional for the role of Regulatory Compliance Manager, Markets and Securities Services - Malaysia.

The Regulatory Compliance Manager, MSS Malaysia, supports the Head of RC, CMB & GBM Malaysia in implementing regulatory compliance strategies, analyzing regulatory changes affecting the business, and coordinating compliance work streams. The role ensures alignment with global standards, conventional banking, and Islamic banking requirements, covering HSBC Bank Malaysia Berhad, HSBC Amanah Malaysia Berhad, and HSBC Trustee Malaysia.

This role requires strong collaboration with business teams, supporting the implementation of compliance policies, monitoring regulatory changes, and providing policy advice and risk stewardship for both conventional and Islamic banking products and services.

The candidate must stay updated on regulatory developments, communicate proactively with the business, and develop policies to manage regulatory changes in Malaysia.

Principal Accountabilities:

1. Support the containment of regulatory compliance risks by identifying changes and assessing impacts on banking models in Malaysia.
2. Ensure the robustness of frameworks monitoring regulatory developments affecting MSS Malaysia.
3. Assist in implementing actions to address regulatory impacts and support global standards and policies.
4. Contribute to the deployment of the Compliance Assurance function.
5. Liaise with stakeholders on all Regulatory Compliance matters.
6. Engage with regulators and industry bodies in Malaysia.
7. Provide timely risk information to MSS management and risk forums.
8. Enhance regulatory compliance awareness among MSS staff.
9. Monitor changes in business practices and ensure compliance procedures are adequate.
10. Maintain strong relationships with Business, Risk, and Global Functions to implement new policies.
11. Share best practices across regions and functions.
12. Develop positive relationships with Compliance functions.