Summary of Principal Job Responsibility
CGSI Malaysia is seeking a Compliance Advisor to maintain and enhance an effective compliance framework across CGS MY Entities. The selected candidate will be responsible for providing regulatory advisory, interpreting applicable laws and guidelines, conducting compliance risk and gap assessments, and supporting regulatory engagements, audits, and reporting. The incumbent also supports compliance training, policy governance, and control room activities to promote strong ethical conduct and sustained regulatory compliance.
Key Responsibilities:
1. Compliance Plan Development
- Support the Unit Head, Compliance to ensure alignment of compliance objectives with CGS MY Entities's business and strategic objectives.
- Assist to develop Compliance Work Plan and Program and ensure its effective implementation.
- Assist in the implementation of compliance-related initiatives to strengthen CGS MY entities compliance framework.
2. Compliance Advisory
- Advice the impacted business units on the new/updated regulatory requirements across CGS MY Entities/relevant stakeholders.
- Perform gap analysis on newly issued or updated regulatory guidelines as and when required.
- Provide advisory, intepret laws, regulations and guidelines and value added solutions to business units and support units on ongoing basis.
- Review policies, procedures and product papers and facilitate compliance with the relevant laws, regulations and guidelines.
- Assist the stakeholders in developing and implementing a compliance programme to comply with applicable regulatory requirements.
- Manage and attend to queries and information requested by the relevant regulator(s). Assist to review responses prepared by business units to ensure thoroughness and alignment with regulatory expectations.
3. Compliance Risk Management and Review & Monitoring
- Assist the Unit Head to ensure effective implementation of the compliance related policies and procedures within CGS MY Entities.
- Assist the Unit Head to establish an effective compliance program/review plan to identify, document and assess the compliance risks and corresponding controls associated with the business activities of CGS My Entities.
- Ensure the implementation of appropriate and effective risk-based monitoring for the management of compliance related matters and compliance risks.
- Conduct risk assessment, including business units and branches to identify and assess potential compliance risk. Evaluate adequacy of internal controls. Highlighting and/or tracking of corrective action plan against identified gaps.
- Assist the Unit Head to ensure implementation and completion of the tasks in accordance with Compliance annual compliance work plan.
- Facilitate and collaborate with business units/support units to implement controls and monitoring mechanism and corrective actions to ensure compliance with relevant regulatory requirements.
- Assist to manage audit and inspection.
4. Reporting
- Preparation of the report and paper to Board of Directors, Committees and respective stakeholders within stipulated timeline.
- Reporting of regulatory audits and communications.
- Management of escalation process on compliance related matters – e.g. issues raised by regulators or business units & non-compliance issues.
- Maintenance documentation of compliance activities and records, policies and procedures and regulatory queries/investigations.
5. Training and Awareness
- Assist to develop compliance training and awareness materials and ensure alignment with current regulatory requirements.
- Deliver compliance training for staff and licensed holders.
- Assist to foster a culture of ethical conduct across CGS MY Entities.
- Issue Compliance circulars/bulletins promptly and highlighting impact to business unit. Example, new/revised guidelines, list of enforcement action taken by regulators etc.
6. Governance of Compliance policies and procedures
- Assist to develop policies and procedures and standard operating procedures for the management of compliance risks.
- Assist to ensure effective implementation of the compliance related policies and procedures within CGS MY Entities.
7. Control Room Functions
- Oversee execution of the control room functions, including approval of staff trades, disclosure of covered accounts and maintenance of permanent insiders, wall-crossed individuals and restricted lists.
Skills & Qualifications
1. Language
- Good command in spoken and written English.
2. Technical/Functional skills
- Good knowledge of capital market regulations and any other related laws and regulations in relation to financial industry matters.
- Good understanding of the business and functions.
- Knowledge of drafting governance related policies/procedures.
- Possess presentation skills.
3. Years of Experience
- 8 to 10 years of experience of relevant financial industry/compliance in established futures broker / securities firm / fund management company / financial institutions.
- Registered Compliance Officer with SC/Bursa is an added advantage.
4. Years of Experience
- Bachelor's Degree or Professional Qualification in the relevant discipline. (Accounting/Finance/Business/Economics/Financial Engineering/Law).
- SC Licensing Examination is an added advantage.
Personal Attributes
- High integrity and ethical standards
- Good communication and interpersonal skills
- Time management
- Good critical and analytical thinking
- Good problem-solving skill and decision-making skill
- Committed to learn and ensure development in other areas which may impact self/team.
- Able to work as a team and perform well even when under pressure to meet tight deadlines.
Only shortlisted candidates will be contacted.
