Role: Assistant Vice President, Compliance Monitoring
Location: Kuala Lumpur, Malaysia
Duration: Permanent
Client is seeking an Assistant Vice President, Compliance Monitoring to join their team in Kuala Lumpur. This pivotal role offers the chance to make a meaningful impact by ensuring that business operations align with both internal standards and external regulatory requirements. You will be part of a supportive team that values collaboration, knowledge sharing, and professional growth.
What you'll do:
As an Assistant Vice President, Compliance Monitoring, you will play an integral part in safeguarding the organisation’s reputation by ensuring strict adherence to both internal policies and external regulations. You also could contribute ideas for process enhancements that support a culture of ethical conduct throughout the organisation.
- Assist the Core Compliance Team Leader and Chief Compliance Officer by conducting periodic reviews to ensure business conduct, procedures, and processes adhere to the Bank’s Compliance Standard Manual as well as all relevant external laws and regulations.
- Carry out detailed investigations and analysis related to Market Conduct Monitoring, including communication surveillance and trade surveillance activities.
- Handle customer complaints and feedback efficiently, investigating any incidents related to fraud or breaches of compliance protocols.
- Draft, maintain, review, and update compliance policies and procedures to ensure alignment with global and regional standards as well as all applicable regulatory requirements.
- Provide high-quality advisory services to various departments regarding compliance matters in relation to both internal standards and external legal obligations.
- Monitor potential conflicts such as personal account dealings or outside business interests, assessing risks and recommending appropriate actions.
- Develop recommendations for continuous improvement in compliance practices, supporting implementation efforts and taking corrective action when necessary to address violations of laws or internal procedures.
- Track open compliance issues diligently to ensure timely closure, preparing comprehensive reports for management, parent bank, and regional offices as required.
- Facilitate regional or local training assignments on compliance topics, ensuring completion reports are submitted accurately to relevant stakeholders.
- Distribute compliance materials and news updates while providing education and training sessions for employees across the organisation.
What you bring:
To excel in this role, you should bring proven experience from a similar role within banking or financial services where you have demonstrated your ability to interpret complex regulations and apply them effectively within operational settings. You will have developed strong interpersonal skills that enable you to build trust-based relationships with colleagues at all levels as well as external stakeholders such as regulators. A commitment to continuous learning ensures you stay abreast of evolving industry standards while your attention to detail supports accurate reporting and documentation.
- Possess a degree in Finance, Accounting, Business Administration, Economics, Law, or an equivalent discipline.
- Candidates holding Compliance Certification are highly preferred.
- A minimum of 6 to 8 years’ experience working within banking compliance or a similar regulatory environment is essential for success in this role.
- Comprehensive understanding of banking industry trends along with deep knowledge of relevant laws and regulations governing financial institutions is expected.
- Demonstrated stakeholder management abilities are important for effective collaboration across multiple departments within the organisation.
- Excellent written and oral communication skills are needed when dealing with employees as well as external customers or clients.
- Preference will be given to candidates who are proficient in Japanese language due to frequent communication requirements with the Parent Bank.