Senior Specialist, Compliance Review

RHB Group; Kuala Lumpur; On-site; MYR 180,000 - 280,000; Full time

Job summary

RHB Banking Group in Malaysia seeks a Senior Compliance Lead to develop and execute the bank's annual Compliance Review Plan, covering 208 branches and various business areas. You will oversee regulatory risks, issue remediation and governance reporting.

The role requires 5-7 years in regulatory compliance within banking, strong knowledge of Bank Negara Malaysia rules, and the ability to lead a team and drive corrective actions.

Qualifications

• Experience in regulatory compliance, compliance monitoring or internal audit within banking/financial services.
• Strong knowledge of Bank Negara Malaysia regulations and regulatory requirements.
• Experience developing annual compliance review plans and risk-based reviews.
• Ability to communicate findings clearly and drive corrective actions.
• Experience with governance reporting and board-level disclosure.

Responsibilities

• Lead and execute the annual Compliance Review Plan across branches and functions.
• Oversee regulatory risks, issue remediation and governance reporting.
• Coach and develop team members and manage resources.
• Collaborate with stakeholders to evaluate, investigate compliance issues.
• Present regular compliance review findings to Board and Management.

Skills

Analytical skills

Investigation skills

Reporting skills

Stakeholder management

Education

Bachelor's Degree in Finance, Accounting, Banking, Business Administration, Law or another relevant discipline

Job description

Lead the development and execution of the Bank's annual Compliance Review Plan, supporting an effective compliance framework across 208 branches nationwide and business and functional areas. The role provides oversight of regulatory risks, compliance reviews, issue remediation, governance reporting and team development within the banking and financial services environment.

Key responsibilities

Develop, initiate and execute the annual Compliance Review Plan, covering branch operations, business and functional areas, regulatory requirements, emerging risks, historical incidents and past non-compliance issues.

Keep abreast of regulatory developments, industry trends, regulatory expectations and compliance best practices.

Collaborate with management and relevant stakeholders to evaluate, assess and investigate compliance issues identified during reviews.

Conduct exit meetings with management to communicate findings, highlight areas of concern and discuss recommended improvements.

Work closely with Business Compliance Officers, Business Regulatory Compliance Officers and management to develop and implement corrective action plans.

Monitor the execution and effectiveness of the annual Compliance Review Plan, making timely adjustments for ad hoc reviews, regulatory requests and emerging compliance risks.

Ensure actual or potential non-compliance issues are documented, escalated and reported to the Board and Management in line with governance and reporting requirements.

Prepare and present regular compliance review reports to the Board and Management, covering key findings, compliance concerns, emerging risks and remediation progress.

Manage team resources, workflow distribution and capacity planning to support the effective delivery of compliance review activities.

Lead, coach and develop team members, provide guidance on complex compliance matters, address escalated issues and support professional development.

What we're looking for

Bachelor's Degree in Finance, Accounting, Banking, Business Administration, Law or another relevant discipline.

Preferably 5-7 years of relevant experience in regulatory compliance, compliance monitoring, compliance review, compliance assurance, regulatory risk or internal audit within the banking or financial services industry.

Strong knowledge and understanding of Bank Negara Malaysia regulations, policies, guidelines and applicable financial services regulatory requirements.

Hands-on experience developing annual compliance review plans, conducting risk-based compliance reviews, performing regulatory assessments, compliance testing and gap analysis.

Strong analytical, investigation, reporting and stakeholder management skills.

Ability to manage review activities, communicate findings clearly and drive the implementation of corrective action plans.

RHB Banking Group is a leading regional financial services provider headquartered and listed in Malaysia. Established in 1913, we offer comprehensive banking solutions across retail, business, corporate, and Islamic banking. With a strong presence in Malaysia and nine ASEAN countries, we are committed to delivering simple, fast, and seamless experiences. Guided by our brand promise, "Together We Progress," we continue building a sustainable and inclusive future with our customers and stakeholders.