Job Description

If you are looking to excel and make a difference, take a closer look at us Job Summary * Responsible to independently review the Banking Group\'s existing processes and to provide advisory and solutions to ensure compliance to regulatory requir If you are looking to excel and make a difference, take a closer look at us Job Summary Responsible to independently review the Banking Group\'s existing processes and to provide advisory and solutions to ensure compliance to regulatory requirements in areas of data protection and banking secrecy, fair banking and consumer protection. Support the Group\'s Compliance framework, initiatives and activities in line with the Group\'s strategic direction, regulatory and global standards to ensure compliance with applicable local and foreign laws, rules, regulations, guidelines and standards governing the Group\'s domestic and international operations. Key Responsibilities: Implement sound Compliance Framework within the Group. Keep abreast of new legal, regulatory developments and international best practices to improve the compliance effectiveness on matters relating to data protection and banking secrecy, fair banking and consumer protection. Provide oversight on implementation of new legal, rules, regulations and guidelines on key regulatory requirements such as data privacy, competition act, fair banking and consumer protection. Advise, identify and assess impact of regulatory compliance risks during new product/services development, process, marketing/promotional campaigns and other related activities. Submit the relevant regulatory compliance reports to regulatory bodies on compliance matters. Provide training and educate staff on regulations and regulatory compliance issues relating to data protection and banking secrecy, fair banking and consumer protection. Perform gap analysis on new/revised guidelines or regulatory requirements and follow up on action plans Develop solutions to address specific challenges faced by the Bank in regulatory compliance matters including impact assessments Update senior management on new initiatives, latest development and concerns/non-compliances relating to Regulatory Compliance. Institutionalize compliance culture through dissemination of regulatory compliance requirements, trends and regulatory changes and employee\'s roles and responsibilities to achieve the optimum level of compliance within the Group. Additional duties as assigned. Job Requirements: Degree in Accounting/Finance/Banking/Economics/Law or related field. At least 5 years of managerial experience in legal, compliance, regulatory or consulting work preferably in banking and financial Institution with specialization in compliance or legal risk. Knowledge of legislative aspects/regulatory requirements in Data Protection. Fluency in oral and written English language is essential. Demonstrated ability to effectively communicate, both orally and in writing, through all levels of the organization. Possess analytical and critical thinking. Attentive to details and possesses investigative nature. Strong team spirit player with a positive attitude and having the drive to improve processes.

Monster