Regulatory Compliance Manager, Commercial Banking

Recruiter
Robert Walters - Malaysia
Location
Malaysia
Salary
Attractive Benefits
Posted
07 Aug 2017
Closes
14 Aug 2017
Sector
Legal
Contract Type
Permanent
Hours
Full-time

About the Regulatory Compliance Manager, Commercial Banking Role:

In this business critical role, you will be responsible to provide support to the senior manager of commercial banking in the containment of compliance risks within the division, which includes ensuring that a proactive approach is taken for the identification of regulatory compliance risk change and potential impacts on the division in the country.

Key Responsibilities:

  • Ensure appropriateness, robustness and effectiveness of the framework to monitor regulatory compliance developments impacting the commercial banking division and also assist the implementation of actions to address, manage and mitigate impacts of regulatory changes for the division
  • Support the implementation of global standards, strategic policies, compliance-related projects / programmes that ensure that the firm's exposure to current risks and emerging arising risks are managed and mitigated appropriately in a commercially focused and practical manner
  • Support and assist in the effective deployment of the regulatory compliance assurance function i.e. in providing the relevant input
  • Liaison with relevant stakeholders within the local division, other global business and functional teams to provide expertise and support on all regulatory compliance-related matters
  • Resolve any / all identified issues promptly and escalate concerns to the relevant compliance teammates and management as appropriate to ensure timely awareness of any material concerns
  • Maintain and observe all control standards, and implement and observe the group compliance policy, including the timely implementation of recommendations made by internal / external auditors and external regulators
  • Carry out the compliance risk assessment of the business on a regular basis and undertake compliance monitoring reviews to assess compliance with regulatory rules and internal compliance standards in accordance with the annual plan

To succeed in the Regulatory Compliance Manager, Commercial Banking job, you will need to have the ability to work effectively and cooperatively with stakeholders of various levels, internally and externally, and across borders too.

Key Requirements:

  • Degree in Law / Compliance / Audit with a minimum of five years' banking experience in the compliance and / or audit functions
  • Experience in a regulatory set-up with a compliance or audit background will be advantageous
  • Good understanding of the various laws and regulations, guidelines and regulators' requirements
  • Familiar with the relevant internal rules, procedures, systems and guidelines
  • Excellent written and verbal communication skills are a pre-requisite
  • Proactive, display self-initiative, independent, adaptable and good analytical skills
  • Ability to objectively analyse information and exercise good judgement in supporting the assurance planning, fieldwork or reporting of results of assurance and audit activities

This globally established financial institution requires no introduction and is recognised as the leader in their field of expertise. With great clients and known for their corporate environment, they've won many awards. The culture is demanding but if you are confident and have a can-do attitude, the potential rewards are significant. The financial institution is also very focused on developing and training their people to the highest standards.

If you are driven, determined and want to take the next step in your career, this is the role for you. Great career progression opportunities await the right person in this exciting Regulatory Compliance Manager, Commercial Banking job.

Apply today to discuss this new opportunity.

Business Registration Number: 729828-T
Licence Number: JTK2125