Vice President, Compliance

**POSITION PURPOSE**:

- To ensure that the functions of Compliance of CIB Malaysia entities (namely BNP Paribas Malaysia Berhad, BNP Paribas Labuan branch and BNP Paribas Capital Sdn Bhd) are carried out in accordance with applicable regulatory and legal requirements.
- To assist CCO in implementing policies and procedures as a result of changes in local regulations and implementation of relevant Group policies and procedures. To ensure applicable policies and procedures are updated on a timely manner.
- To assist CCO on matters related to the accomplishment of the department's mission and goals.
- To perform periodic test control on key risk areas related to CIB. To identify any new emerging risks and relevant controls.
- To assist CCO to monitor and relevant action is taken to ensure closure of audit findings related to CIB as raised by regulator and IG.
- To identify any new applicable regulation and ensure timely communication to relevant stakeholders. If required, to perform gap analysis and monitor the implementation of identified action plans.
- To assist CCO to deliver relevant trainings.
- To assist in other related Compliance matters including on AML/FS/Sanction as may be assigned by CCO.
- Responsible as Ml and PIC correspondents - to refer to each Ml and PIC addendum for details.

**Key Responsibilities**

**To ensure that the functions of Compliance within CIB are carried out in accordance with applicable laws and regulations i.e. issued by Bank Negara Malaysia, Securities Commission Malaysia and Labuan FSA.**

To attend to request from CIB and other relevant Business segments of the bank on applicable regulatory requirements/ prudential standards/ best market practices particularly during pre-transaction and new product initiative.

For Islamic related products, views should also be obtained from Shariah Research officer particularly from the perspective of compliance with Shariah requirements.

When relevant, to liaise with other relevant Control functions such as Risk Management and Legal teams, in arriving at any decision.

To escalate and highlight any significant risk to CCO.

**To assist CCO in implementing policies and procedures as a result of changes in local regulations and implementation of relevant Group policies and procedures. To ensure applicable policies and procedures are updated on a timely manner.**

To draft and update the required policies and procedures for Malaysia CIB entities which are relevant to the area of Compliance, and to amend these policies and procedures to incorporate local regulatory requirements and changes thereto. Prior to implementation of any policies and procedures, it has to be cleared by CCO and go through applicable governance process including seeking approval/endorsement from Board of Directors of BNP Paribas Malaysia Berhad if needed.

To work closely with the regional Compliance team such as team of COO Compliance in ensuring applicable framework is in place in line with the requirements of the Group.

**To assist CCO on matters related to the accomplishment of the department's mission and goals.**

Local and Regional Compliance reports - To ensure all matters related to CIB are updated and reported on a timely manner. This will include reporting requirements for local Board of Directors, Territory Compliance Committee as well as other applicable regional reports.

To manage any potential regulatory breaches by identifying the key issues and relevant parties involved, and to undertake relevant remediation to resolve any identified regulatory concerns.

To be the liaison officer with regulators by developing a solid, open and co-operative relationship with the regulator and whenever necessary to consult them on an ad-hoc basis.

To ensure regulatory reporting is managed properly i.e. any submission is done on a timely and accurate basis.

To ensure that Malaysia Compliance framework is being followed and complied with.

**To perform periodic test/ control on key risk areas related to CIB. To identify any new emerging risks and relevant controls.**

To perform the required/applicable Group GCP as well as applicable local specific controls.

To continue to identify any areas of concern/emerging risk and develop the appropriate controls

To report any deficiencies and required action plans to CCO. Any deficiencies should be addressed within reasonable timeframe.

To ensure proper documentation to facilitate audit trail and future reference.

**To assist CCO to monitor and relevant action is taken to ensure closure of audit findings related to CIB as raised by regulator and IG.**

Any audit finding to be addressed/resolved within applicable timeframe

**To identify any new applicable regulation and ensure timely communication to relevant stakeholders. If required, to perform gap analysis and monitor the implementation of identified action plans.**

To ensure prompt identification of any new regulatory requirements/ development that impacting Global