Senior Specialist, Compliance Review Team 2

RHB Group; Kuala Lumpur; On-site; MYR 150,000 - 210,000; Full time

Job summary

RHB Group is seeking a Senior Compliance Manager to lead the annual compliance review program across Malaysia’s 208 branches, ensuring adherence to regulatory expectations. You will stay ahead of regulatory developments and advise on corrective actions.

The role requires coordinating with management, guiding team members, and reporting to the Board on compliance matters, with a focus on effective risk management and governance.

Responsibilities

• Perform and initiate annual compliance review plan across 208 branches nationwide.
• Always keep abreast with the latest regulatory updates, trends and best practices.
• Collaborate with management to evaluate and investigate compliance issues identified during the review.
• Conduct exit meetings with management to articulate any compliance issues.
• Work with BCOs/BRCOs and management to develop/implement corrective action plans for resolution of compliance issues.
• Monitor the performance of the annual compliance review plan and accommodate ad-hoc regulator requests.
• Ensure reporting of non-compliances or potential non-compliances to Board and Management.
• Provide reports on a regular basis to keep the Board and Management informed of compliance issues.
• Manage team members within the team, coach them, develop their careers, and resolve escalated issues.

Job description

• Perform and initiate annual compliance review plan, taking into consideration of the following: 208 branches nationwideHealth checks for business/functional areas across the bankGap assessments on new and/or revised regulatory requirementsForward-looking, current or emerging risk relating to regulations across all sectorsNew regulations that have been issued and/or updated by the regulators and fully implemented by the Bank within the past yearPast incidences / non-compliances
• Always keep abreast with the latest regulatory updates, trends and best practices.
• Collaborate with management to appropriately evaluate and investigate compliance issues/concerns identified during the review.
• Conduct exit meetings with management to articulate any compliance issues/concerns.
• Work closely with BCOs/BRCOs and the management to develop/implement corrective action plans for resolution of compliance issues/concerns.
• Monitor the performance of the annual compliance review plan and ensure appropriate steps are taken to accommodate any ad-hoc activities/requests from the regulators.
• Ensure reporting of non-compliances or potential non-compliances are documented and reported to Board and Management.
• Provide reports on a regular basis, and as directed or requested, to keep the Board and Management informed of compliance issues/concerns.
• Responsible for management of team members within the team, facilitating workflow and capacity management at team-level. Coach those within their team and help them to develop their careers. Resolve escalated issues raised by the team members.