Job Description

If you are looking to excel and make a difference, take a closer look at us Job Responsibilities: Work in conjunction with the Head of Transaction Banking (TB) to implement the TB\'s compliance frameworks, review and update policies and procedures to comply with legal and regulatory requirements, as well as internal standards and guidelines. Drive and facilitate a culture of compliance across the transaction banking. Responsibility for completion of self-assessments for Transaction Banking. Support the development and implementation of a plan for checking the compliance controls of Transaction Banking Help ensure timely and accurate regulatory reporting by Transaction Banking, where required. Ensure timely reporting and escalation of compliance issues or incidences to management and Group Compliance. Assist with the coordination of any regulatory information requests, including meetings and audits. Working closely with BCB compliance to ensure all relevant new legislation and regulation applicable to transaction banking is implemented in a timely manner. Propose/recommend initiatives to revise existing internal processes and/or adopt new processes to comply with new regulatory requirements, where necessary. Build a close working relationship with Compliance, Hong Leong Islamic Bank to help ensure compliance with Shariah requirements as necessary. Establish and share best practices, with reference to competitor benchmarks as appropriate. Build a close working relationship with key stakeholders across the business unit, Group Risk, Group Compliance, Group Support Services (including Legal), Group Internal Audit, and other business units and functions where relevant, in the implementation and enforcement of policies and guidelines. Requirements Degree in Accounting/Finance/Banking/Economics/Law Minimum of 5 - 7 years\' relevant experience in corporate/commercial business and/or managing compliance or legal risk at a banking and financial Institution. Audit, Legal or Compliance experience Knowledge of legislative aspects/regulatory requirements of banking and financial institutions and banking products are key requirements. Possesses analytical and critical thinking. Attentive to details and possesses investigative nature Familiarity with BNM\'s Foreign Exchange regulations / AMLCFT requirement would be advantageous. ACAMS,ICA,CFCS a plus

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