- Ensuring all business units within the Division comply with internal policies, guidelines and regulatory requirements
- Leading, coordinating and monitoring of compliance including training and communications.
- Implement and inculcate compliance culture and awareness to all staff in business unit on regulatory and policy and requirements
- Implement RWM Compliance framework with constant reviews and updates on regulatory compliance of the department.
- Drive and facilitate a culture of compliance across all business units within the division.
- Develop and provide guidance to all business units in completing self-assessments.
- Implement a plan for checking and/or perform on-site audit on compliance and controls of all business units within the division.
- Able to identify root causes and take appropriate measures to rectify weaknesses immediately.
- Ensure prompt and accurate regulatory reporting required by the department on Compliance.
- Ensure immediate reporting and escalation of non-compliance incidences to Group Compliance i.e., upon detection via ORMIS/CBR/ IR (whichever relevant).
- Coordinate any regulatory information requests during discussion, meetings and audits.
- Propose/recommend initiatives to revise existing internal processes and/or adopt new processes to comply with new regulatory requirements, where appropriate.
- Build a close working relationship with key stakeholders, e.g., Group Compliance, Wealth Management Operations, Group Risk, Group Compliance, Group Operations & Technology (including Legal), Group Internal Audit, Hong Leong Islamic Bank (Syariah-related matters) and other business and functional units (where relevant) in the implementation and enforcement of policies and guidelines.
- Establish and share best practices, with reference to competitor benchmarks as appropriate.
- Customize and deliver effective compliance training for the department.
- Involvement in any other task related to RWM Compliance as and when required by Management.
- Malaysian citizen
- Candidates with a Bachelor's Degree or higher in Accounting, Finance, Banking, Economics, Law
- Minimum of 3-5 years' managerial experience in either banking and financial Institution with responsibility for managing compliance or operational risk.
- Knowledge of legislative aspects/regulatory requirements of banking and financial institutions and banking products are a key requirement.
- Good leadership skills, with the ability to see the big picture without losing attention to detail.
- Possesses analytical and critical thinking. Attentive to details and possess investigative nature.
- Ability to handle difficult conversations and managing to resolving these conversations through win/win scenarios
- Certified practitioners in Regulatory Compliance will be an advantage
Regional Wealth Management Compliance Assurance - Kuala Lumpur, Malaysia - Hong Leong Bank Berhad
Description
If you are looking to excel and make a difference, take a closer look at us...
If you are an organized, analytical, innovative problem solver with the ability to perceive, understand and interpret facts quickly and precisely, then this is an opportunity you wouldn't want to miss out
Your Roles & Responsibilities:
Who are we looking out for:
Requirements:
Desired Skills:
Talents in legal or audit firms who are seeking to further their career in banking and compliance are welcome to apply
About Hong Leong Bank
We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.
We seek to strike a balance between diversity, inclusion and merit to achieve our mission of infusing diversity in thinking and skillsets into our organisation. Candidates are assessed based on merit and potential, in line with our mission to attract and recruit the best talent available. Expanding on our "Digital at the Core" ethos, we are progressively digitising the employee journey and experience to provide a strong foundation for our people to drive life-long learning, achieve their career aspirations and grow talent from within our organisation.
Realise your full potential at Hong Leong Bank by applying now.