Vice President - Core Compliance

Overview

Add expected salary to your profile for insights

Provide oversight by ensuring compliance risk governance and regulatory compliance are in line with local regulations and best practice throughout CIMB Group.

Promote an effective compliance risk management framework with primary focus on safeguarding CIMB Group by fulfilling the regulatory requirements.

Support the Group Chief Compliance Office and stakeholders in the management of compliance and regulatory risk requirements.

Key Responsibilities

Strategy and Planning

To assist the Group Chief Compliance Officer and Regional Head, Regulatory Compliance to promote, lead and manage the culture and practice of regulatory compliance in the conduct of business units and support functions throughout CIMB Group and to oversee the Group’s compliance with those applicable regulatory requirements and standards.

Drive the proper implementation of the Group Compliance Policy & Procedure (GCPP) throughout the CIMB Group through the effective utilisation of compliance risk management tools and oversee the adherence of GCPP by business units and supports functions.

Develop and implement operating protocols and standard operating procedures for Group Compliance for proper execution of GCPP.

Drive the implementation, usage of system or data management tools and responsible for the validation of compliance risk data.

Promote compliance culture throughout CIMB Group and to conduct bank-wide or group level compliance training to the staff.

Provide advisory / support to business units and support functions during regulatory changes by identify compliance control and propose changes to enhance the current regulatory processes and compliance controls, as well as, sharing industry best practice for thematic compliance issues.

Assess incidents with regulatory impact, validate the root cause and lead the breach management and to support the escalation of incidents to appropriate senior management, board committees and / or regulators.

Management

Support the Group Chief Compliance Officer and Head, Core Compliance to achieve CIMB Group’s overall business and strategic objectives.

Champion the collaboration and facilitate with other business units across the region by sharing best practices in terms of compliance risk management.

Be a role model and drive acitivities to encourage and build desired organisational culture, values and reputation in the Group with internal stakeholders and regulatory / official bodies.

Any other responsibilities / task as assigned by management from time to time.

People Management

Manage the performance of the team members and enhance their competency in performing their responsibilities.

Train and guide team members and help create a culture of teamwork with the Core Compliance team

Manage staff resources and provide continuous coaching and monitoring of staff development.

Job Specification

Qualifications

Bachelor's Degree or Professional Qualification in the relevant discipline (Accounting / Finance / Business / Legal)

10 years of experience of relevant banking / compliance / legal background in established bank / financial institutions.

8 years of prior leadership position in a banking role in established financial institutions

Required Competencies and Skills

Technical / Functional skills

In-depth knowledge of banking products and services, including the rules and regulations in the domestic market.

The required understanding businesses / business units

Personal skills (Soft Competencies (Core / Leadership))

Good reputation and business network in compliance community.

Personal integrity and ethics.

Excellent time management skills and ability to multi-task.

Good judgment in providing sound advice on regulation and practice, proactive management of compliance and regulatory risks.

Good presentation and influencing skills, attention to details and problem solving skills.

Strong organization and planning skill.

Effective managerial skill as a point of reference for the subordinates.

Unlock job insights

Salary match Number of applicants Skills match

Your application will include the following questions :

• Which of the following statements best describes your right to work in Malaysia?
• What’s your expected monthly basic salary?
• Which of the following types of qualifications do you have?
• How many years' experience do you have as a Compliance Analyst?

Banking & Financial Services More than 10,000 employees

CIMB Group is one of ASEAN’s leading universal banking groups and is Malaysia’s second largest financial services provider, by assets. It offers consumer banking, commercial banking, investment banking, Islamic banking and asset management products and services. Headquartered in Kuala Lumpur, the Group is present in all 10 ASEAN nations (Malaysia, Indonesia, Singapore, Thailand, Cambodia, Brunei, Vietnam, Myanmar, Laos and Philippines). Beyond ASEAN, the Group has market presence in China, Hong Kong, India, Sri Lanka, Korea, the US and UK.

CIMB Group has the most extensive retail branch network in ASEAN approximately of 720 branches as at 30 September 2019. CIMB Group’s investment banking arm is also one of the largest Asia Pacific-based investment banks, offering amongst the most comprehensive research coverage around of 600 stocks in the region.

CIMB Group operates its business through three main brand entities, CIMB Bank, CIMB Investment Bank and CIMB Islamic. CIMB Group is also the 92.5% shareholder of Bank CIMB Niaga in Indonesia, and 94.8% shareholder of CIMB Thai in Thailand.

CIMB Group is listed on Bursa Malaysia via CIMB Group Holdings Berhad. It had a market capitalisation of approximately RM48.9 billion as at 30 September 2019. The Group has around 36,000 employees located in 16 countries

For more information, please visit

To help fast track investigation, please include here any other relevant details that prompted you to report this job ad as fraudulent / misleading / discriminatory / salary below minimum wage.

Featured jobs

Senior Manager, Risk

3d ago

Head of Fraud Management

4d ago

01-035-Relationship Manager, Priority Banking (Jalan Raja Chulan)

#J-18808-Ljbffr