Assistant Vice President, Core Compliance Monitoring

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

Responsibilities :

To assist of Core Compliance Team leader and the CCO in the following areas : -

• To develop and establish policies, strategies and improvement plans to mitigate compliance risk issues and the effective management of compliance activities to meet regulations, directives and laws from external regulators in Malaysia, Japan and any other countries that impact on the business and operations of MUFG Bank (Malaysia) Berhad and MUFG Bank (Labuan Branch) (“the Banks”) from the perspectives of safety, accuracy and efficiency.
• To review and conduct gap analysis for any local regulations issued by Bank Negara Malaysia or Labuan Financial Services Authority such as Policy Documents (PD), Exposure Drafts (ED) or from other equivalent regulations from other authority (e.g. Securities Commissions.)
• To engage and work in collaboration with business / products / support unit in order to develop action plan for control processes in addressing the regulatory requirement upon gap analysis conducted.
• To develop recommendations for continuous improvement and support implementation as well as taking appropriate action to correct the violation of laws, regulations (including reporting any suspicious act) or the Banks’ Compliance Manual and Standard Procedures in accordance with the internal procedures.
• To engage and communicate with BNM / LFSA by understanding the underlying enquiries and issues for the purpose of detecting compliance issues and complying with the requirements.
• To provide a high quality regulatory advisory service to Business Unit in respect of various products and support offices across the Banks on local regulatory requirements, including but not limited to foreign exchange requirements, PDPA, banking secrecy provision under various laws, regulations, regulatory notices and guidelines in order to ensure the Banks’ compliance with these requirements.
• To assess, report, and investigate of regulatory breach incident, including follow up for action plan closure.
• To perform ad hoc reviews based on risk areas and / or thematic review pertaining to local laws and regulations.

Requirements :

Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.

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