Job Description

Create the future with Affin! ​​You too can make a difference.

We continuously innovate to transform our financial services landscape - making banking better and easier. Join us at AFFIN, where the open minds meet and be inspired by a shared commitment to great work. You too can make a difference.

JOB PURPOSE
To assist the Head, Regulatory Advisory in implementing and monitoring of the compliance program for business divisions and ensure effective management of the compliance risk in the business activities in meeting with the relevant regulations, directives and laws emanating from external regulators that impact the business and operations of the Bank.

ACCOUNTABILITIES

ToassisttheHead,Regulatory Advisoryinthefollowings:

AdvisorySupport

- Provide advisory on regulatory matters to facilitate internal stakeholders and the relevant Business Units/Support Units (BUs/SUs) in complying with the relevant laws, regulations and guidelines.

- Participate in business specific projects based on portfolio to facilitate the relevant BUs/SUs in complying with the relevant laws, regulations and guidelines.

- Proactivemonitoringofbusinessspecificregulatorydevelopments.

Products and Services Assessment

- Review product program and identify regulatory risk on new product and variation of existing product is in compliance with the regulatory requirements.

- Review the services that will be offered to customers or outsourced to a service provider is in compliance with the regulatory requirements.

- Review and provide clearance on non-marketing materials.

CommunicationwithRegulators

- Act as liaison officer for BUs/SUs to communicate with regulators for clarification on regulatory related matters as well as responding to regulators’ inquiries.

- Review letters to regulators and provide feedback from regulatory perspective.

AdvertisementandMarketing

- Review and provide clearance on marketing materials, where required.

DocumentsandOtherReview

- Review policy and procedures of BUs/SUs and to provide feedback from regulatory perspective.

- Review,recommendandensureallrectificationplans tonon-complianceissuesare completedandimplemented.

Training/Culture

Assist Head of Regulatory Advisory in :-

- conducting training/awareness on compliance and regulatory matters.

- promotingcompliancecultureandpracticesofcomplianceintheBank.

- implementationofcomplianceframeworkandinitiatives on a groupwidebasis.

Others:

- Toundertakeanyotherdutiesasassignedby Head ofRegulatory Advisory and/or GCCO

- Tosupport and carry out the compliance function on behalf of teammember within the Regulatory Advisory

QualificationandExperience

- Bachelor’sDegree/ProfessionalQualificationinFinance,Accounting,Business,Economicsandrelateddiscipline;

- Minimum5Yearsinfinancialservices-relatedfieldorregulatorycomplianceworkpreferred

SkillsandKnowledge

- Knowledgeableinthebank’spoliciesandprocedures,includingareasunderFSA/IFSA,SC,BNM, LFSA and other regulations;

- Advanceknowledgeofthebankingandfinancialsystem

Personalitytraits

- Strongteamplayer

- Stronginterpersonalandcommunication skills

- Strongbusinesscommunicationandwritingskills

- Analytical&ResultDriven

- Possessinitiative

- Commitment