*For internal staff please apply internal transfer via HRMS (https://myhrms.hlbank.my) with the information below: JR number: Refer to the above Job Number next to position tittle Location Code: MYMHL10000 Department Code: MY10005950 Designation Code: MCOMAS
Develop a robust Independent Compliance Review (ICR) framework. The framework is to provide guidance on how to independently assess the Business / Support units (or functions)'s compliance to regulatory requirements
Lead the team to perform the independent validation on the business and support processes from operational to strategic level aligning with regulatory requirements
Map and review key regulatory requirements of other financial markets where the bank operates to compare against industry better practices
Keep abreast of new legal regulatory and material regulatory changes, new developments and international better practices on Regulatory Compliance and validate to ensure requirements are embedded into the business processes
Maintain a housekeeping of regulations impacting the department and division. Perform gap analysis of the regulatory requirement and actual processes where required
Partnership with stakeholders across business and support units for business growth and success. Constantly engaging stakeholders on their key processes with regulatory impact. Report and follow up with the results of the review, gaps and areas of improvement, track and ensure closure of issues
Advise, identify and assess impact of regulatory compliance risks during new product/services development, process, marketing/promotional campaigns and other related activities.
Submit the relevant regulatory compliance reports to regulatory bodies on compliance matters.
Bachelor's Degree in business related field
Minimum of 8-10 years managerial experience in a banking and financial Institution with specialisation in compliance or legal risk
Knowledge of legislative aspects/regulatory requirements of banking and financial institutions and banking products is a must
Demonstrated ability to effectively communicate, both orally and in writing, through all levels of the organization
Leadership with the ability to see the big picture without losing attention to detail
Possess analytical and critical thinking. Attentive to details and possesses investigative nature
Internal Number: 5582843
About Hong Leong Bank Berhad
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