Compliance Officer, Business, Regulatory

3 days ago

Kuala Lumpur, Malaysia Generali Malaysia Full time

**Job Scope / Position Summary**
- Compliance Officer, Business, Regulatory & AFC Compliance is part of the Compliance and AFC Functions responsible to support (a) all Business and Regulatory compliance, ensuring the implementation of processes and procedures designed to ensure compliance with (i) laws and regulations applicable to the business/operation; (ii) regulations, rules and standards established by regulators; (iii) Group’s internal standards on compliance; (iv) Code of Conduct; and (v) development affecting legal and regulatory requirements governing the Company; (b) all AFC activities. The allocation of tasks will be at the discretion of the direct supervisors.
- No. of subordinate: Nil. The primary responsibilities is to support:

- (i) Business and Regulatory Compliance
- Business Compliance
- oversee the compliance with the applicable regulations pertaining to distribution, products, etc. Provide advisory and support to the different Business Units on compliance matters
- Regulatory Compliance - Oversee the compliance with the applicable regulation. Provide advisory and reporting to the entity’s management and CEO on compliance matters and risks
- Perform second level controls.
- Perform reporting obligations to Group/Regional Compliance, local management and Risk/Sub-Risk Committee.
- Maintain the relationship with the local Regulator/Authority and ensure request and enquires are met
- Provide training and support on compliance related topics to staff and management in line with the Annual Plan

(ii) AFC activities - to support AML/CFT, sanctions, anti-bribery and anti-corruption and maintenance of ISO Certificate for Anti-Bribery (ISO37001)
- Advise on maintaining the AML/CTF & International Sanctions Control framework and undertaking his/her responsibilities as AMLO/MLRO
- Prepare the AML/CTF/International Sanction Annual Report and Plan for the local Board of Directors and quarterly updates report for the local Board of Directors, including second level controls activities carried out, their results and remedial actions
- Provide the Group Anti-Financial Crime Function with the reports and the plans submitted to the Board of Directors as soon as they are approved and with the outcomes of the control activities and any other significant information
- Provide the Group Anti-Financial Crime Function with updated on AML/CTF/International Sanction activities in the plan; escalates any significant issue
- Provide advisory and reporting to the entity’s management and CEO on AML/CTF/International Sanction and Anti-Financial crimes matters and potential risks
- Review specific cases and required reporting to the relevant authorities - Coordinate the AML/CTF risk assessment and advise on the identification of mitigation actions
- Perform second level controls to test their effectiveness - Monitor the effective implementation of any risk mitigating measures
- Non-financial KPI. Key Control Function
- Challenges to ensure full compliance with the relevant regulations and balance between the business needs and regulatory expectations.
- Internal - all stakeholders. Nature of communication is on advisory, assurance review and implementation of new or changes to regulations; External - Regulators. All compliance issues, appli cations, etc. Good rapport with regulators.

**Main Responsibility**

1. Embedding Compliance - Demonstrate that Compliance’s opinion is embedded in strategic initiatives, critical projects, product assessments, etc (Compliance by design)

2. Advisory and reporting on compliance matters and risks:

- Oversee the compliance with the applicable regulation and provide advi sory on compliance matters and risks to local executives, business units and staff;
- Provide regular reporting to the local Board of Directors/Executive Committee - as required by the Group Compliance Management System Policy as well as other reports that may be necessary for the Board of Directors to stay informed and perform its compliance oversight obligations;
- Inform the Executive Committee / the management of material compliance risks that derive either from business initiatives or new laws and regulations impacting the entity’s compliance risks
- Provide support on specific projects such as distribution partnership, due diligences, different business projects, and/or others
- Providing advice to the business, products and distribution channels
- Prepare and provide reporting to Group/International/Regional Compliance on material compliance risks and the main key compliance indicators: regulatory inspections, potential fines, main regulatory changes and allegations reported

3. Provide training on compliance topics:

- Ensure all Compliance Function’s members are undertaking adequate trainings and development plans in line with the Annual Plan of Activities
- Advise on the implementation of specific compliance training plans for staff and/or distribution network
- Design the material and deliver t

  • Compliance Officer, Business, Regulatory

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Generali Malaysia Full time

    Job Scope / Position Summary Compliance Officer, Business, Regulatory & AFC Compliance is part of the Compliance and AFC Functions responsible to support (a) all Business and Regulatory compliance, ensuring the implementation of processes and procedures designed to ensure compliance with (i) laws and regulations applicable to the business/operation; (ii)...

  • Compliance Officer/executive

    3 months ago

    Kuala Lumpur, Malaysia BBS BUSINESS MANAGEMENT SDN. BHD. Full time

    **Responsibilities**: - Perform Know-Your-Client review for onboarding of clients. - Perform periodic compliance review of clients. - Prepare and submit periodic regulatory reporting. - Provide compliance advice, review and interpretation on regulations and internal policies; support the Business on proper and timely implementation of procedures to comply...

  • Manager, Regulatory Compliance

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Prudential plc Full time

    Prudential's purpose is to help people get the most out of life. We will deliver our purpose by creating a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career...

  • Regulatory Compliance Manager

    1 week ago

    Kuala Lumpur, Malaysia TRanglo Full time

    This is a new role, you will be starting a new sub-department **_Summary of responsibilities:_****: - Assist the Group Compliance in overseeing the regulatory compliance across UK, Singapore and Indonesia - Responsible for researching, assessing, and monitoring new developments of regulations/laws - Facilitating and assisting the respective stakeholders in...

  • Usv Regulatory Compliance Officer

    4 weeks ago

    Kuala Lumpur, Malaysia Fugro Full time

    Job Description As a Regulatory Compliance Officer for Unmanned Surface Vessels (USVs), you will play a crucial role in ensuring the safe and compliant operations of autonomous and remote-controlled vessels. This position requires close collaboration with the global USV Regulatory Compliance Officer and active engagement with local/regional Maritime...

  • Lead Regulatory Compliance

    4 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Randstad Malaysia Full time

    Introduction: We are seeking a highly skilled and experienced individual to join our team as the Lead Regulatory Compliance (Assistant Vice President) for our leading mortgage company in Malaysia. The ideal candidate will have a strong background in regulatory compliance, preferably with exposure to Islamic banking or Shariah-compliant financial products....

  • Lead Regulatory Compliance

    2 months ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Randstad Malaysia Full time

    Introduction: We are seeking a highly skilled and experienced individual to join our team as the Lead Regulatory Compliance (Assistant Vice President) for our leading mortgage company in Malaysia. The ideal candidate will have a strong background in regulatory compliance, preferably with exposure to Islamic banking or Shariah-compliant financial products....

  • Regulatory Compliance Specialist

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Shopee Full time

    Department Compliance- LevelExperienced (Individual Contributor)- LocationMalaysia - Kuala LumpurThe Compliance and Risk Management team ensures that Shopee complies with applicable regulations and is primed for success with the right checks and balances while safeguarding the interests of our stakeholders in an inclusive and sustainable digital ecosystem....

  • Regulatory Compliance Manager

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia TRanglo Full time

    This is a new role, you will be starting a new sub-department_Summary of responsibilities:_*: Assist the Group Compliance in overseeing the regulatory compliance across UK, Singapore and Indonesia Responsible for researching, assessing, and monitoring new developments of regulations/laws Facilitating and assisting the respective stakeholders in developing,...

  • Regulatory Assurance Officer

    2 weeks ago

    Kuala Lumpur, Malaysia UOB Labuan Full time

    **About UOB**: United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and...

  • Manager Regulatory Compliance

    3 weeks ago

    Kuala Lumpur, Malaysia Prudential plc Full time

    Prudential's purpose is to help people get the most out of life. We will deliver our purpose by creating a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career...

  • Manager, Regulatory Compliance

    4 weeks ago

    Kuala Lumpur, Malaysia Prudential plc Full time

    Prudential's purpose is to help people get the most out of life. We will deliver our purpose by creating a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career...

  • Compliance Officer

    2 months ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Randstad Malaysia Full time

    Key Responsibility Areas (KRAs):The Compliance Officer will primarily assist the Senior Compliance Manager, Malaysia in executing compliance functions for this company including but not limited to:Compliance Monitoring and Surveillance:Maintain and execute an ongoing compliance monitoring program, including:Conducting trade surveillance by analyzing trade...

  • Compliance Officer

    4 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Randstad Malaysia Full time

    Key Responsibility Areas (KRAs):The Compliance Officer will primarily assist the Senior Compliance Manager, Malaysia in executing compliance functions for this company including but not limited to:Compliance Monitoring and Surveillance:Maintain and execute an ongoing compliance monitoring program, including:Conducting trade surveillance by analyzing trade...

  • Regulatory Compliance Specialist

    2 days ago

    Kuala Lumpur, Malaysia Shopee Full time

    Department Compliance- LevelExperienced (Individual Contributor)- LocationMalaysia - Kuala LumpurThe Compliance and Risk Management team ensures that Shopee complies with applicable regulations and is primed for success with the right checks and balances while safeguarding the interests of our stakeholders in an inclusive and sustainable digital ecosystem....

  • Regulatory Assurance Officer

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia UOB Labuan Full time

    About UOB:United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and...

  • Compliance Officer

    2 days ago

    Kuala Lumpur, Malaysia PineBridge Investments Full time

    We are currently looking for a Compliance professional to join our Malaysia office. Responsibilities for this position are as follows: Regulatory/Core compliance: - Oversee the Malaysia entity to ensure its compliance with local laws and regulations; Monitor regulatory developments, perform gap analysis and advise senior management, Board of Directors and...

  • Compliance Officer

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia PineBridge Investments Full time

    We are currently looking for a Compliance professional to join our Malaysia office.Responsibilities for this position are as follows:Regulatory/Core compliance: Oversee the Malaysia entity to ensure its compliance with local laws and regulations; Monitor regulatory developments, perform gap analysis and advise senior management, Board of Directors and...

  • Compliance Officer

    2 weeks ago

    Kuala Lumpur, Malaysia Ambition Full time

    **Job details**: Posted 25 March 2024 SalaryRM7000 - RM16000 per month LocationKuala Lumpur Job type Permanent DisciplineBanking & Financial Services Reference272200_1711368248 **Our client is looking for a Compliance Officer to be part of their big and reputable organization in the bankiing and financial services sector. This team is aimed to ensure...

  • Compliance Officer

    1 week ago

    Kuala Lumpur, Malaysia MANDIRI INTERNATIONAL REMITTANCE SDN BHD Full time

    a) Keep updating to all of regulatory and management policy. b) Ongoing monitoring in all transaction and ensure all transactions comply with AMLA/CFT Rules and Regulations. c) Report compliance review result to President Director. d) Ensure that operational of each outlet and back office comply with internal and external regulations. e) Perform review on a...