Senior Regulatory Compliance & Tech Leadership

Bank Simpanan Nasional; Kuala Lumpur; On-site; MYR 90,000 - 140,000; Full time

Job summary

Bank Simpanan Nasional in Kuala Lumpur is seeking a Senior Executive, Regulatory Commitment & Technology Management to help execute the compliance plan and strengthen regulatory adherence across the bank.

You will advise business units on BNM guidelines, map regulatory obligations, and coordinate with regulators; build reports for senior management and board. Five years of experience and relevant certifications are required.

Qualifications

• Bachelor’s Degree in relevant industry (e.g.: Law, Banking and Finance Degree or other equivalent).
• Certification in Regulatory Compliance, AICB.
• At minimum five (5) years’ experience in the field of compliance, financial advisory and or project management.

Responsibilities

• Participate in the execution of compliance plan, initiatives and activities in line with the regulatory standards.
• Execute compliance projects and other compliance initiatives as assigned to ensure bank-wide adherence to regulatory requirements and to strengthen compliance culture, e.g. Regulatory Obligation Mapping, establishment of GRCO, etc.
• Advise business/support units on compliance with BNM guidelines and policy document as well as ensuring that remedial actions have been completed by the business/support unit, where applicable/necessary.
• Identify, assess and advise impact of regulatory compliance risks during new product/services development, process, marketing/promotional campaigns and other related activities to ensure there is no regulatory breach or non-compliance.
• Constantly engaging stakeholders on their key processes with regulatory impact. Report and follow up with the results of the review, gaps and areas of improvement, track and ensure closure of issues are in line with regulatory obligations and commitments.
• Prepare compliance reports and/or relevant slides to facilitate CCO and Manager’s presentations on compliance-related matters to Senior Management and the Board of Directors; including status and progress updates of supervisory action items and consolidation of compliance issues.
• Act as a liaison between BSN and regulators (BNM, PayNet, FIMM etc.) and highlight any regulatory concerns to the Section Head, Compliance Manager and CCO. The role includes attending to ad-hoc and specific requests of the regulator to obtain clarification and confirmation from the regulator and monitor that relevant departments implement the action plans within the agreed timeline.

Skills

Regulatory compliance

Banking knowledge

Risk assessment

Education

Bachelor's Degree in Law/Finance/Banking

AICB Certification

Job description

Bank Simpanan Nasional in Kuala Lumpur is seeking a Senior Executive, Regulatory Commitment & Technology Management to help execute the compliance plan and strengthen regulatory adherence across the bank.

You will advise business units on BNM guidelines, map regulatory obligations, and coordinate with regulators; build reports for senior management and board. Five years of experience and relevant certifications are required.