Head, Compliance & Internal Control Department

JOB RESPONSIBILITIES

1. Assists the Chief Compliance Officer in fulfilling his roles and responsiblities effectively.
2. Formulates and implement the bank's compliance framework and relevant compliance policies, procedures and manuals (PPMs).
3. Develops a compliance strategy through a risk-based compliance work plan and ensure completion of the work plan.
4. Provides governance on compliance risk management to support the Board and senior management in overseeing and monitoring compliance to meet regulatory expectations.
5. Provides compliance advisory to the Board and Senior Management, including insights into regulatory trends and regulatory matters.
6. Leads a team of compliance professionals to ensure alignment with the bank's compliance risk management's objectives.
7. Acts as the liaison officer with the regulators and banks association, such as Bank Negara Malaysia, Perbadanan Insurans Deposit Malaysia (PIDM) and Association of Banks in Malaysia.
8. Conduct compliance review on the bankwide PPMs to reflect latest regulatory and parent bank's requirements.
9. Establish, undertake and oversee the performance of the compliance function, which includes identification, assesment and monitoring and reporting of compliance and Money Laundering/Terrorism Financing/Sanction risks.
10. Undertake the roles of provision of advisory and guidance and organize compliance trainings.
11. Establish, review and oversee the management of new products, outsourcing arrangements, connected parties transaction management, single counterparty exposure limit, customer information (including personal data protection).
12. Undertake adhoc assignments, other duties and responsibilities as may be assigned by the Management from time to time.

JOB REQUIREMENTS

• At least a Bachelor Degree or other relevant professional qualifications.
• At least ten (10) years of experience in compliance and/or related functions such as audit/risk management in financial institution.
• Strong knowledge in Bank Negara Malaysia's rules and regulations and other prevailing laws governing the banking institutions, with leadership skill, analytical skill, communication skill and computer literate.
• Relevant professional accreditation in compliance fields.
• Mature, pleasant personality with good disposition.
• Conversant in English and/or Chinese.
• Capability in working independently.
• Capability in performing multiple tasks within a tight schedule.