Regulatory Compliance Senior Specialist

GX Bank Berhad - the Grab-led Digital Bank - is the FIRST digital bank in Malaysia, approved by BNM to commence operations. We aim to leverage technology and innovation to serve the financial needs of the unserved and underserved individuals, and micro and small medium enterprises.

We are driven by our shared purpose and passion to bring positive transformation to the banking industry, starting with solutions that address the financial struggles of Malaysians and businesses.

Get To Know The Role

• Provide advice and guidance to internal stakeholders (including business and operations) on applicable laws, regulations, policies, and procedures; and acting as a contact point for compliance queries.
• Be able to assess and interpret the potential impact of applicable financial regulations and rules on business and product development.
• Evaluate and review new products, services, and operations (including marketing materials and advertisements) to ensure due compliance with internal policies and relevant laws and regulations.
• Coordinate closely with subject matter experts to implement risk mitigation strategies in key areas such as personal data protection, transaction monitoring, business continuity and information security.
• Conduct periodic compliance risk assessment to review the appropriateness of the compliance programs including compliance policies and procedures, follow up on any identified deficiencies and formulate proposals for amendments.
• Prepare periodic compliance reports / presentations for regulatory bodies and senior management forums.
• Develop training materials and regularly sensitise senior management, relevant employees and business partners regarding key compliance risks and applicable regulatory requirements.
• To record, update, disseminate and advise the various units / departments of any implications of new regulations / regulatory changes and provide guidance on the proper and prompt implementation of policies and procedures to comply with the requirements.
• To consistently keep abreast of Anti-Bribery and Corruption (“ABC”) regulations and laws, and ensure the Bank’s ABC compliance programme is updated accordingly.
• Assist in the investigation and reporting of any breaches of regulatory and market conduct requirements and internal policies and rules (e.g. via complaints received) and follow up on resolutions.
• Assist with liaising with the relevant external bodies including regulators, standard setters, and external experts, where required.

The Must-Haves

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