Senior Regulatory Advisory & Compliance Lead

Alliance Bank Malaysia Berhad; Kuala Lumpur; On-site; MYR 180,000 - 300,000; Full time

Job summary

Alliance Bank Malaysia Berhad is seeking a senior Compliance Advisor to lead regulatory affairs and risk management for new initiatives and existing operations in Malaysia. You will oversee BNM regulatory changes, perform gap analyses, and provide advisory to business units to ensure full regulatory alignment.

The role requires strong leadership, excellent analytical and communication skills, and at least 7 years in banking compliance, risk management or internal audit within a financial

Qualifications

• Professional qualification or Degree in Banking & Finance, Business Administration, Law or other relevant discipline.
• Knowledge in regulatory compliance relating to retail banking operations and products.
• At least 7 years of working experience in a financial institution.
• Experience in compliance, risk management or internal audit is an added advantage.
• Experience in banking operations or product development is an added advantage.

Responsibilities

• Disseminate new/revised BNM 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/Attestation of Compliance for new/revised BNM regulations submitted by stakeholders.
• Review and maintain the Gap Analysis Template Process.
• Maintenance of Regulatory Risk Matrix.
• Publish BNM regulations to InAlliance Portal.
• Provide compliance advisory to assist business units to manage their compliance risk.
• Review publication and communication materials.
• Provide compliance advisory on new initiatives/projects of the Bank.
• Conduct training for new joiners and newly onboarded staff.
• Continuous engagement with business units.
• Review Regulatory Breach Notifications and ensure reasonable corrective actions.
• Notify BNM of regulatory breaches.
• Submit secrecy breach report to Group Compliance Governance.
• Liaison with regulators, government bodies and associations.
• Attend to ad-hoc compliance advisory matters.
• Review tasks completed by subordinates and provide guidance.

Skills

Regulatory knowledge

Leadership

Stakeholder management

Analytical thinking

Written & verbal communication

Interpersonal skills

Team motivation

Independent worker

Education

Banking & Finance or related degree

Regulatory compliance knowledge in retail banking

Job description

Alliance Bank Malaysia Berhad is seeking a senior Compliance Advisor to lead regulatory affairs and risk management for new initiatives and existing operations in Malaysia. You will oversee BNM regulatory changes, perform gap analyses, and provide advisory to business units to ensure full regulatory alignment.

The role requires strong leadership, excellent analytical and communication skills, and at least 7 years in banking compliance, risk management or internal audit within a financial