Job Description

DescriptionPrimary Objective:

• Perform gap analysis of regulations issued by BNM (or other regulators)
• Perform periodic review for functions/ branches / business units to identify, manage, monitor, and mitigate exposure to compliance risk
• Ensure completeness and validate heal checks by BRCOs
• Responsible for management of team members within the team, facilitating workflow and capacity management at team-level. Coach those within their team and help them to develop their careers. Resolve escalated issues raised by the team members.

Key Responsibilities:

• Develops, initiates and maintains the annual compliance review plan taking into consideration of the following:

• 208 branches nationwide
• 212 health checks business/functional areas across the bank
• Gap assessments on regulatory reporting and related regulatory requirements
• Forward-looking, current or emerging risk relating to regulations across all sectors
• Annual risk rating results derived from the Compliance Risk Assessment Model (CRAM)
• New regulations that have been issued or updated by the regulators and fully implemented by the Bank within the past year
• Past incidences / non-compliances
• Always keep abreast with the latest regulatory updates, trends and best practices.
• Perform end-to-end/in-depth review of a particular guideline or functional area bank-wide via thematic review.
• Collaborates with management to appropriately evaluate and investigate compliance issues/concerns identified during the review.
• Conducts exit meetings with management to articulate any compliance issues/concerns.
• Work closely with BRCOs and the management to develop/implement corrective action plans for resolution of compliance issues/concerns.
• Monitors correction action plans to ensure closure of compliance issues/concerns raised during the review.
• Monitors the performance of the annual compliance review plan and ensure appropriate steps are taken to accommodate any adhoc activities/requests from the regulators.
• Ensure reporting of violations or potential violations are documented and reported to Board and Management.
• Provides reports on a regular basis, and as directed or requested, to keep the Board and Management informed of compliance issues/concerns.

RequirementsRequirements:
Bachelor Degree - .

• Sets clear and realistic goals, focused on highest value activities
• Motivates and inspires others \xe2\x80\x93 draws out the best in people
• Strong team player; able to work with other leaders
• Operates with focus of creating value for the customer
• Has the skills and expertise to successfully execute his or her role (e.g., technical, business or other)
• Understanding of relative compliance requirements and processes
• Strong problem solving skill to support issue resolution
• Adept at solving problems in a logical and fact-driven manner (e.g., when tackling technical challenges, obstacles, backlog prioritization)
• Highly adaptable and able to respond to change fast
• Resourceful and able to leverage network effectively
• Ability to collaborate and help the squad members
• Actively listens to others, understands and values others\' views

Ability communicate opinions or views of squad members clearlyBenefitsDental, Education support, Miscellaneous allowance, Medical, Loans, Sports (e.g. Gym), Parking, Vision, Regular hours, Mondays - Fridays, Casual Business Wear, Performance Based Rewards

RHB Bank