Associate Director, Regulatory Identification Unit, Country

Job ID: 40069

Location: Kuala Lumpur, MY

Area of interest: Governance, Risk Management & Compliance

Job type: Regular Employee

Work style: Office Working

Opening date: 16 Sept 2025

**Job Summary**
- Leading a team to support managing regulatory change activities in countries within RIU scope. Understanding the Bank’s Risk Taxonomy, Bank Policies and Standards, the impact regulatory developments have on these, lead a team performing high level applicability assessments of regulatory developments on the Bank and allocating these to the correct impacted stakeholders through a workflow tool or manual process. Providing quality assurance and proactive oversight whilst continuously ensuring that the Horizon Scanning and RIU monitoring processes are well controlled and related risks are timely identified and escalated to the RIU Director.**Key Responsibilities**
- This is a newly created role for 2025 within the Risk and Conduct, Financial Crime and Compliance (“CFCC”) COO team as an Associate Director, Regulatory Identification Unit reporting to Director, Regulatory Identification Unit (RIU).
- The RIU’s mandate is to provide centralized horizon scanning for Risk and CFCC regulatory developments and changes, and initial curation of regulatory content to RCT, Policy Owners/Standard Owners and Country CFCC Teams, for an agreed list of key regulatory authorities for countries within RIU scope.
- The Associate Director, RIU has accountable oversight of the day-to-day operation of the RIU, management of operational performance and resolution of issues as required. This role holder is responsible for coordination of RIU operations across all clusters of countries within the RIU scope.
- They also work closely with the GPO delegates on the ongoing refinement of the horizon scanning process and system.
- In accordance with the Risk and CFCC regulatory change target-state and remediation, the responsibilities of this role is to support Director, Regulatory Identification Unit to implement the strategy, define the process and operating model across relevant frameworks and RIU improvement initiatives to develop effective solutions and maximize operational effectiveness.
- This is a new role being created and the role and responsibilities may evolve as and when the tools/process mature.
- This role is expected to adopt effective agile process of managing the RIU
- This role holder MUST have the ability to work independently and manage multiple priorities

**Strategy**
- Collaborate with and support the Director, RIU in managing the delivery of the BAU Process and Controls of the RIU.
- Ensure alignment and clear communication throughout the delivery of work assigned as part of Reg to Policy initiatives
- RIU goals and strategic tasks are communicated and cascaded to team members in their area of responsibility.

**Business**
- Identify external regulatory change and changes to the Bank’s business model on a timely basis to ensure the right stakeholders are able to act on the changes.
- Oversee RIU Managers and management of the team’s operational performance and resolution of issues as required.
- Act as a key contact point for relevant RIU matters

**Processes**
- Lead a team of RIU Managers to perform horizon scanning and initial curation of regulatory content published by key regulatory authorities
- Guides RIU Managers in assigning Principal Risk Type (‘’PRT’’) and Risk Sub-Type (‘’RST’’) for the publications deemed as applicable to SCB and assigns a priority based on regulatory authority and publication type
- Support RIU Manager to disseminate necessary assessment and impact information by assigning and recording ownership of regulatory publications using an agreed allocation matrix
- Coordinating RIU operations across all clusters in the RIU scope and delivery of BAU in driving operating efficiency and effectiveness
- Responsible for ongoing refinement of horizon scanning process in response to stakeholder and user feedback
- Maintain, agree and drives periodic review of exceptions as part of Service Level Agreement (‘’SLA’’) & RIU Memorandum of Understanding (MoU) to ensure continued accuracy.
- Review and resolve allocation disputes and the disputes that arises from day-to-day activities
- Escalating significant risks and issues to the Director, RIU.
- Support Director RIU to report significant regulations and overdue regulations to country risk committees

**People & Talent**
- Uphold and reinforce the independence of the Risk and CFCC function from those whose primary responsibility is to maximize short term revenues and profits.
- Promote and embed a culture of openness, trust, and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
- Promote the culture and practice of Risk and CFCC standards (including conducting business within regulatory requirements, and to high ethical standards) within the Bank and embed a Here for good culture and the Group Code of Conduct.
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