Manager - Business & Corporate Banking (Compliance)

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Job Responsibilities

• Drive and facilitate a culture of compliance across BCB

• Responsible for completion of self-assessments/independent review for BCB

• Study the applicability of new/revised regulations/policies issued by regulators and work with the respective stakeholder to complete the gap analysis

• Support the development and implementation of a plan for checking the compliance controls of BCB.

• Help ensure timely and accurate regulatory reporting by BCB Compliance, where required.

• Ensure timely reporting and escalation of Compliance issues or incidences to management and Group Compliance.

• Assist with the coordination of any regulatory information requests, including meetings and audits.

• Working closely with Group Compliance to ensure all relevant new legislation and regulation applicable to BCB is implemented in a timely manner.

• Propose/recommend initiatives to revise existing internal processes and/or adopt new processes to comply with new regulatory requirements, where necessary.

• Build a close working relationship with Compliance, Hong Leong Islamic Bank to help ensure compliance with shariah requirements as necessary.

• Establish and share best practices, with reference to competitor benchmarks as appropriate.

• Build a close working relationship with key stakeholders across the business unit, Group Risk, Group Compliance, Group Support Services (including Legal), Group Internal Audit, and other business units and functions where relevant, in the implementation and enforcement of policies and guidelines.

• Customize and deliver effective compliance training to all the staffs of BCB division

Requirements

• Minimum of 3 - 5 years relevant experience in corporate/commercial business and/or managing compliance or legal risk at a banking and financial Institution.
• Knowledge of legislative aspects/regulatory requirements of banking and financial institutions and banking products are key requirements.
• Familiarity with BNM's Foreign Exchange regulations / AMLCFT requirement would be advantageous.