Assistant Manager, Regulatory Compliance

Assistant Manager, Regulatory Compliance

AEON Bank Federal Territory of Kuala Lumpur, Malaysia

Assistant Manager, Regulatory Compliance job involves ensuring an organization adheres to all relevant laws, regulations, and industry standards. This includes monitoring compliance, developing and implementing policies and procedures, conducting audits, and providing training to staff. The role is critical in mitigating risks, protecting the company's reputation, and maintaining its legal standing.

Job Responsibilities

• Support the Manager / Head in the implementation of compliance risk management framework in the Bank.
• Keep abreast with regulatory changes and maintain the regulatory inventory.
• Review gap analysis to ensure compliance to the relevant new / revised law, regulations and industry standards and work closely with relevant stakeholders to put the necessary measures in place for compliance to the regulatory requirements.
• Coordinate and review regulatory submissions in regards to discussion papers, exposure draft, survey, etc issued by the regulators from time to time.
• Oversee the compliance monitoring and assess compliance risk including the adequacy of internal controls to ensure compliance risks and issues are promptly identified, managed and mitigated in a timely.
• Maintain oversight on the regulatory reporting in the bank and regulatory non-compliance incidences and monitor remedial actions taken.
• Review and maintain compliance related policies and procedures.
• Liaise with the regulators on compliance related matters.
• Provide advisory to business and all other stakeholders on aspects with regards to compliance with laws, regulations and industry standards including new / enhanced product review.
• Assist to inculcate a compliance culture amongst all staff through training and briefings to ensure all employees are updated on the compliance related policies and latest regulations.

Job Requirements

Seniority Level

Employment Type

Job Function

#J-18808-Ljbffr