Regulatory Compliance Analyst
6 days ago
Munich Re Retakaful is a leading provider of Family Retakaful solutions, committed to delivering innovative risk management and compliance services to our clients.
Job Details
We are seeking an experienced Risk and Compliance Analyst to join our team in Kuala Lumpur. As a key member of our second line of defence, you will play a critical role in providing assurance on the effective operation of our business.
Key Responsibilities:
- Support the Chief Risk and Compliance Officer in matters relating to business functions, second line functions, and stakeholder management;
- Implement the Munich Re Group Risk Management Framework and Compliance Management System requirements at Munich Re Retakaful;
- Develop, review, and enhance Shariah Risk and Compliance Management related guidelines, procedures, policies, and framework;
- Identify, assess, monitor, and report key exposures and risks, and manage these key risks; ensure an understanding of key risks and exposures at Munich Re Retakaful, and facilitate responsible and effective risk-taking in line with risk appetite and limits;
- Oversee information security risk and controls at Munich Re Retakaful;
- Fulfill BNM risk management requirements, including the Internal Capital Adequacy Assessment Process and ORION reporting;
- Create a compliance culture and compliance training, monitor legal changes, perform compliance risk management, carry out compliance monitoring and reporting, provide advisory to the business, and maintain work documentation;
- Manage/maintain/implement risk management and compliance policies and programmes, including programmes related to credit management, cyber security, anti-money laundering and counter financing of terrorism, data protection, outsourcing, business continuity, and anti-corruption;
- Coordinate requests and responses to and from regulators.
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