Senior Associate - Compliance Consultant

PwC; Kuala Lumpur; On-site; MYR 60,000 - 80,000; Full time

Job summary

A major consulting firm is seeking a Senior Associate in Kuala Lumpur. In this role, you will support clients in the asset management sector, providing compliance and risk management advice. You will conduct regulatory reviews, and assess business processes while working closely with senior management. Candidates should have at least 2 years of relevant experience and a degree in a related field. A meticulous approach with strong analytical skills is essential for success in this fast-paced environment.

Qualifications

• At least 2 years of experience in regulatory compliance, internal audit, external audit, or risk and controls.
• Knowledge of local regulatory requirements for capital markets intermediaries.

Responsibilities

• Provide advice to clients in the fund management industry.
• Conduct regulatory compliance reviews and provide recommendations.
• Draft clear reports and deliverables based on findings.
• Support development of risk management frameworks.

Skills

Regulatory compliance

Internal audit

Risk management

Analytical skills

Attention to detail

Team player

Stakeholder management

Education

Bachelor’s Degree in Accounting, Commerce, Business or a related discipline

Job description

Line of Service

Tax

Industry/Sector

Not Applicable

Specialism

General Tax Consulting

Management Level

Senior Associate

Job Description & Summary

Within our Risk & Compliance Solutions practice under Asset & Wealth Managed Services (AWMS), we support asset and wealth managers and other capital markets intermediaries to develop robust internal controls, optimise risk and compliance frameworks, and strengthen governance. You will be part of a fast-growing team of subject matter experts with extensive industry experience, working in a dynamic yet stable environment with flexibility and certainty in hours

You will support clients in the asset and wealth management and broader capital markets space on regulatory compliance, internal audit, risk management and internal controls. This includes providing regulatory advice, conducting compliance and internal audit reviews, assessing business processes and control environments, and helping to develop, implement and strengthen enterprise risk management and compliance frameworks. You will help clients operationalise regulatory changes, enhance their control environment and improve overall business performance.

Key accountabilities

• Providing advice to clients operating in the fund management industry, and other capital markets intermediaries (i.e. REIT managers, brokerages, corporate finance advisors and trust companies).
• Advising on and supporting the design and enhancement of compliance and risk management frameworks and monitoring programmes, including areas such as portfolio management, fund operations, AML/CFT, outsourcing, culture and conduct, technology risk and related regulatory requirements.
• Conducting regulatory compliance, business processes and controls reviews, including control assurance reporting to identifying gaps, assessing risks and providing recommendations for remediation.
• Performing walk-through interviews, identifying key controls and tailoring audit procedures to evaluate the design and validate the operating effectiveness of internal controls in various business processes.
• Reviewing and recommending business process improvements to address control gaps and enhance efficiency where possible.
• Drafting clear, concise and well-structured reports and other deliverables, including articulation of scope, observations, findings, recommendations and relevant industry and regulatory developments.
• Providing outsourced compliance support to clients, including:
  • Providing ongoing regulatory and compliance advice
  • Preparing and/or reviewing regulatory reports and submissions
  • Conducting compliance monitoring and preparing reports for senior management
  • Operationalising changes and updates to regulations
  • Assisting with AML/CFT and KYC reviews
• Supporting the development, implementation and strengthening of clients’ enterprise risk management and compliance frameworks.
• Managing key stakeholder relationships, including effective communication with clients’ senior management.
• Supporting engagement leaders and managers on key internal and external deliverables and other business requirements as needed.

Skills, experience and qualifications

• Bachelor’s Degree in Accounting, Commerce, Business or a related discipline from a local or overseas university.
• At least 2 years of experience in regulatory compliance, internal audit, external audit, or risk and controls, preferably in a Big 4 firm, regulator, financial institution, or in-house internal audit/compliance function.
• Good understanding and interest in the asset management and/or private wealth management landscape.
• Knowledge of local regulatory requirements for capital markets intermediaries, including areas such as AML/CFT and technology‑related requirements (e.g. technology risk management, cyber hygiene, business continuity).
• Good track record of academic achievements.
• Meticulous with strong attention to detail, and an analytical and enquiring mindset.
• Professional, confident and a highly motivated self‑starter, with the ability to handle multiple tasks in a fast‑paced environment with tight deadlines.
• Positive attitude to learn and a strong team player.
• Able to work under pressure and manage tight deadlines.
• Possess strong values, personal integrity and emotional intelligence.

Travel Requirements

Not Specified