Manager, Regulatory Advisory page is loaded
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Job Summary
To undertake any other duties as assigned by Head of Regulatory Advisory and/or Group Chief Compliance Officer.
To support and carry out the compliance function on behalf of team member within the Regulatory Advisory.
Job Responsibilities
To assist the Head of Regulatory Advisory in the followings:
1. Advisory Support
Provide advisory on regulatory matters to facilitate internal stakeholders and the relevant Business Units/Support Units (BUs/SUs) in complying with the relevant laws, regulations and guidelines.
Participate in business specific projects based on portfolio to facilitate the relevant BUs/SUs in complying with the relevant laws, regulations and guidelines.
Proactive monitoring of business specific regulatory developments.
2. Products and Services Assessment
Review product program and identify regulatory risk on new product and variation of existing product is in compliance with the regulatory requirements.
Review the services that will be offered to customers or outsourced to a service provider is in compliance with the regulatory requirements.
3. Communication with Regulators
Act as liaison officer for BUs/SUs to communicate with regulators for clarification on regulatory related matters as well as responding to regulators’ inquiries.
Review letters to regulators and provide feedback from regulatory perspective.
4. Advertisement and Marketing
Review and provide clearance on advertising / marketing materials, where required.
5. Documents and Other Review
Review policy, procedures or other documents of BUs/SUs and to provide feedback from regulatory perspective.
Review, recommend and ensure all rectification plans to non-compliance issues are completed and implemented.
6. Training/Culture
Prepare/review training materials and conduct training/awareness on compliance and regulatory matters.
Promote compliance culture and best practices of compliance in the Bank.
Implement compliance framework and initiativeson a group wide basis.
Job Requirements
1) A Bachelor Degree in Law, Banking, Finance and any related field
2) At least 5 years and above of related experience in a banking sector
3) Having knowledge in Islamic regulations will be an added advantage
People are the heart of AFFIN BANK. We have a positive and supportive environment where we celebrate people’s personal growth and encourage them to be the best versions of themselves, both in the workplace and in their community.
Join AFFIN as we evolve to become a financial institution of the future, embracing innovation and technology to deliver unrivaled customer service. We're looking for colleagues who share our values and are ready to live them every day.
Explore the exciting opportunities and make a real impact on the future of finance. Come be a part of our journey today!
"Always About You"
At AFFIN, we strive to always connect and engage with our customers, to understand their changing needs and aspirations better. It represents our passion and commitment to the community we operate in, enabling us to quickly respond to changes and provide a personalised experience.
At AFFIN, our people are aligned to our values of customer centricity, creativity and value creation. Our tagline “Always about you”, was crafted to drive loyalty and build our reputation as a creative and innovative financial organisation.
Our people are at the heart of what we do and remain the focus of our customer centric culture. It’s about the initiatives we take in understanding and prioritising our stakeholders; our customers, employees and shareholders. As we venture through this metamorphosis journey, we are aware of their ever-changing needs and are embracing the new ways of this digital dimension. We put our hearts and minds into everything we do, to ensure that everyone we touch, receives unrivalled customer service.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.