Head of Compliance

Job Description

• Draft and implement Compliance policies and procedures and controls to comply with Group policies and procedures and local regulatory requirements.
• Oversee the compliance department covering both AML and regulatory compliance.
• Provide AML and regulatory advice as a trusted advisor to the Front Office and other business units.
• Continuously review and monitor the compliance risks of the company's business activities, selling practice and cross-border activities to ensure compliance with regulatory requirements.
• Ensure timely completion of the Compliance Workplan as agreed with the Global Head of Compliance.
• Ensure satisfactory audit results and timely closure of audit issues and responsiveness to address audit deficiencies.
• Manage turnaround time and avoid backlogs for client onboarding and other compliance monitoring.
• Ensure timely escalation of compliance issues to Global Head of Compliance and local Management.
• Facilitate a culture of compliance and prudent risk taking in the company by promoting ownership of front office as first line of defense for AML, regulatory, suitability and cross-border risk through training and proactive engagement.
• Ensure positive employment engagement and staff development, including develop talent and invest in training to deepen compliance bench strength.

Qualifications

• At least 15 years' Compliance experience in a financial institution, with at least 5 years in a managerial capacity.
• Knowledge of local regulatory requirements.
• Ability to work in a multi-cultural environment.
• People management: set goals and evaluate performance of the Team Members.
• Coach, mentor and train Team members.
• Responsible for setting direction for the team.
• Effective communication skills – fluent in English (spoken and written).

Interested candidates are invited to apply online with a detailed and updated resume, stating personal particulars, qualifications, current and expected salary. Bumiputra candidates are strongly encouraged to apply.

Only short-listed candidates will be notified.