Compliance Officer

Petaling Jaya, Selangor, Malaysia

Job Description

Du Life Group Hiring! Full Time Compliance Officer in Selangor, Earn up to MYR 8,000 - Ricebowl
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Compliance Officer
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MYR5,000 - MYR8,000 Per Month
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Posted 3 hours ago o Closing 30 Oct 2025
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Requirements

  • Possess a minimum Diploma/Degree in Business Management or its equivalent
  • Professional designation (LLB, LLM, CA or other) a definite advantage.
  • Certification of Compliance competencies is an advantage.
  • Strong English and Bahasa Malaysia spoken and written language skills. Fluency in Mandarin is a definite advantage
  • Attention to detail, can-do attitude and ability to work well in a fast-paced environment
  • Minimum 2-5 years of compliance / regulatory experience in insurance or financial services
  • Strong knowledge of Labuan FSA regulations and Malaysian regulatory environment
  • Proven ability to engage with regulators, senior management, and board members
  • Strong communication, strategic planning, and leadership skills
  • Excellent oral and written communication skills, and the ability to communicate and influence at all levels of the entity, including senior management, and with regulators.
  • Recognized as a senior decision-maker on very complex compliance issues and projects.
  • Understanding of regulatory requirements and compliance issues that impacts the entity.
  • Ability to manage relationship with brokers and senior management and to manage the inherent conflicts that can exist between compliance and business objectives.
Responsibilities
  • Provide advisory, oversight, monitoring, and testing on compliance matters
  • Responsible for the overall compliance program areas including: anti-money laundering and anti-terrorist financing; anti-bribery; sanctions compliance; FATCA; OECD Common Reporting Standard; fraud prevention; privacy; distribution compliance (including 2nd line oversight of distributor conduct and cross border sales compliance), regulatory change management, customer fair dealing, marketing material reviews, leading the company's response to compliance-focussed regulatory audits and supporting business units with other regulatory engagement as required, compliance training, and implementing the Manulife's legislative and regulatory compliance management framework within the entity.
  • Overseeing and monitoring the implementation for the entity, including ensuring robust processes for identifying, preventing, detecting, and correcting non-compliance with applicable laws and regulations
  • Lead the design, implementation, and delivery of compliance initiatives
  • Report directly to the Board of Directors on compliance assessments and material issues
  • Ensure unfettered access to information for effective governance
  • Work closely with Manulife Insurance Labuan Limited (MILL) and regulators to provide the latest compliance updates to the brokerage and its brokers
  • Ensuring that effective regulatory compliance management controls and process, including compliance policies and procedures, are in place to comply with local regulatory requirements and global standards
  • Ensuring the effectiveness of the overall program is regularly monitored and assessed and that IT continues to meet the needs of the entity and its regulator(s).
  • Manages and/or coordinates the entity's interaction with regulators and organisations, any other relevant regulatory or enforcement authorities on compliance issues, including examinations, inspections, and reviews by competent authorities.
  • Directs the development of compliance awareness and training programs so that entity employees and management are knowledgeable, and other key compliance requirements, and that they are aware of their responsibility to report compliance breaches and issues, suspected fraud and other ethical breaches and improprieties, without fear of retaliation. Additionally, works closely with senior management to embed a strong compliance culture and set the tone from the top for all entity officers and employees.
Benefits
  • KWSP
  • SOCSO
  • Annual and medical leave shall be in accordance with the prevailing Labour Law
  • Training provided
  • Medical Insurance
  • Annual Bonus
Additional Benefits
  • Training Provided
  • Medical Insurance
  • Annual Bonus
Skills
Regulatory Compliance Auditing Risk Management
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Job Detail

  • Job Id
    JD1197381
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    RM 8,000 per month
  • Employment Status
    Permanent
  • Job Location
    Petaling Jaya, Selangor, Malaysia
  • Education
    Not mentioned