Regulatory Compliance Senior Executive

Report to Regulatory Compliance Assistant Manager / Head of Compliance & Market Conduct
Pays up to: RM5,500

Responsibilities:

Assist Assistant Manager of Regulatory Compliance:
- Provide compliance assistance and advisory support to business units.
- Assist business units to identify compliance risks and perform risk assessment on those risks.
- Conduct compliance review to determine the level of compliance against applicable regulatory requirements.
- Monitor developments in regulatory requirements and disseminate such updates to Senior Management, management and staff, where relevant.
- Maintain the compliance universe database to ensure all relevant regulatory requirements are updated and complete.
- Perform gap analysis on new/ revised regulatory requirements (e.g. BNM’s policy document) to ascertain impact to the Company’s policies, procedures and business practices and monitor that any necessary mitigation action plan is carried out.
- Perform control testing to ensure existing compliance controls are effective and adequate.
- Compile and coordinate all statutory submission for regulatory authorities, including compilation of documents for supervisory assessment.
- Coordinate responses to regulators, including LIAM Circulars.
- Conduct training/briefing to relevant staff on any regulatory matters as well as conduct compliance awareness programmes.
- Prepare compliance reports or updates, e.g. reporting to Management Compliance Committee, Board.
To provide regular reporting and undertake any other assignments as requested by Manager, Compliance or Chief Compliance Officer.

REQUIREMENTS

Degree in Business, Accountancy, Finance, Law or similar
At least 2 years of relevant experience, preferably in regulatory compliance
Knowledge in Financial Services Act 2013.
Knowledge insurance regulatory requirements will be an added advantage
Good written and verbal communication skills
Good inter-personal skills and able to work with different stakeholders (internal and external)
Self-starter and able to exercise independent judgment.

Interested candidates kindly send your updated CV to info@sixdegreeconsulting.com.

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