Compliance Review and Assurance Manager

6 days ago


Petaling Jaya, Selangor, Malaysia GXbank Full time
Compliance Assurance Manager

We are GX Bank Berhad, a digital bank in Malaysia, aiming to disrupt the current banking industry with customised innovative solutions. Our goal is to empower Malaysians to be financially resilient and support their financial goals.

Key Responsibilities:

  • Support the bank's overall Compliance Assurance plan to ensure the development and implementation of compliance testing adheres with the bank's policies and procedures accordingly.
  • Establish the bank's compliance assurance framework and its key components.
  • Lead and participate in the planning, executing, and reporting of compliance assurance reviews to identify gaps and assess Business & Support units compliance.
  • Utilising innovative compliance testing solutions including data analytics to increase value and reduce costs of compliance-related activities.
  • Manage effective relationships with various stakeholders including business process owners and Internal Audit function.
  • Identify industry best practices and share insight with the relevant teams on a regular basis.
  • Develop & review the Regulatory & AML/CFT Compliance review framework & methodology.
  • Collaborate with the Internal Audit Department to avoid duplicate testing and to optimise team resources.
  • Deliver good and concise reports on a timely basis.
  • Ensure that the team follows up & validates outstanding issues identified from the Compliance Reviews &/ or by the Internal/ External Auditors &/ or Regulators. Ensure all issue closures are supported by adequate documentation for audit trail.

The Requirements:

  • A tertiary level qualification and/or recognised qualification(s) appropriate to the role.
  • Minimum 5-10 years of quality assurance and testing experience in compliance risk/AML risk areas.
  • Understanding of various rules, laws, and regulations applicable to banking.
  • Good working knowledge of consumer retail/small & medium enterprises banking segments.
  • Excellent leadership management skills with good communication, written, and presentation skills.
  • Experience in planning, executing, and reporting on compliance testing reviews and regulatory issue validating activities.
  • Knowledge of auditing principles, including audit planning, risk assessments, and controls operating effectiveness testing.
  • Self-starter, flexible, innovative, and adaptive individual with strong interpersonal skills.


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