Regulatory Compliance Manager, Markets and Securities Services - Malaysia

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If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential.

HSBC is one of the largest banking and financial services organizations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realize their ambitions.

We are currently seeking an experienced professional to join our team in the role of  Regulatory Compliance Manager, Markets and Securities Services - Malaysia.

The Regulatory Compliance Manager, MSS Malaysia is responsible for supporting Head of RC, CMB & GBM Malaysia in the implementation, with guidance from Global and Regional Head of all aspects of Regulatory Compliance including impact analysis of regulatory changes affecting business and support the coordination and execution of the designated Regulatory Compliance work streams and assurance in Malaysia, while ensuring alignment with Global Standards and Conventional Banking requirements as well as Islamic Banking requirements. The scope of responsibility of role holder covers HSBC Bank Malaysia Berhad (HBMY), HSBC Amanah Malaysia Berhad (HBMS), HSBC Trustee Malaysia Bhd (HKTM).

The role requires strong partnership and collaboration with the various business teams and has responsibility for supporting the Head of RC, CMB & GBM in the implementation of Regulatory Compliance policies and standards, local laws and regulations. The role is to ensure a robust and effective regulatory compliance framework within the wholesale business. It will monitor and track the progress of designated work streams and initiatives underway which fall under the umbrella of Regulatory Compliance Risk, provide policy advice, risk stewardship including advisory support related to conventional and Islamic Banking products, services and clients.

The role will also need to stay at the forefront of regulatory changes, to ensure proactive communication with business and where required, develop or support appropriate policy and framework to manage the changes in Malaysia and to provide risk stewardship including advisory support to the MSS business.

Principal Accountabilities :

• To provide support to the Head of RC, CMB & GBM in the containment of regulatory compliance risks. This includes ensuring proactive approach is taken for the identification of Regulatory Compliance risk change and potential impacts on the conventional and Islamic Banking Business Model in Malaysia.
• Continuous support to the Head of RC, CMB & GBM in ensuring appropriateness / robustness / effectiveness of framework to monitor regulatory compliance developments impacting MSS in Malaysia.
• Support Head of RC, CMB & GBM in the implementation of actions to address, manage and mitigate impacts of regulatory changes.

Support the implementation of global standards, strategic policies, compliance-related projects / programmes which ensure bank’s exposure to current risks and emerging arising risk is managed and mitigated appropriately, in a commercially focused and practical manner.

Requirements

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation needed will be prioritized.

Opening up a world of opportunity.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.