Location: KL
Industry: Financial Services & Insurance
Employment: Contract based
Responsibilities
- Manage and oversee the local Compliance function as the second line of defence.
- Provide compliance advisory support to management and staff on regulatory requirements and implementation.
- Maintain and support the Enterprise Governance, Risk & Compliance (eGRC) system, including Compliance Matrix and CRSA execution.
- Review internal policies, procedures, and guidelines to ensure alignment with regulatory requirements.
- Conduct risk-based compliance monitoring, assessments, reviews, and testing.
- Identify compliance gaps, recommend corrective actions, and follow up on remediation.
- Monitor regulatory developments and proactively manage regulatory risk exposure.
- Maintain an inventory of applicable laws, regulations, breaches, and follow-ups within the eGRC system.
- Conduct compliance training, briefings, and awareness sessions.
- Support ad-hoc compliance and governance projects as assigned.
- Identify business and regulatory risks (including AML/CFT) and implement appropriate mitigation measures.
Requirements
- Tertiary or professional qualification in Accountancy, Finance, Business, or equivalent professional certifications.
- 35 years of experience in governance, compliance, audit, or risk management, preferably within insurance or banking.
- Experience handling compliance-related systems or platforms (e.g. eGRC) is an added advantage.
- Strong knowledge of insurance / financial services regulations and core regulatory requirements.
- Excellent written and verbal communication skills with strong analytical and attention-to-detail abilities.
- Strong interpersonal skills with the ability to engage stakeholders, including senior management.
- Probing mindset, patience, and strong problem-solving skills.
- Demonstrated leadership and people management capabilities.
- Cross-functional knowledge, including identifying AML/CFT risk issues, is a plus.
