Malaysia’s Financial Sector Seeks Compliance Officer to Ensure Regulatory Conformity
A leading payment services provider is seeking an experienced Compliance Officer to oversee its operations in line with local and international laws. The successful candidate will be responsible for ensuring adherence to regulations set forth by Bank Negara Malaysia and other relevant authorities.
Key Responsibilities of the Compliance Officer Role
The chosen individual will be tasked with:
- Establishing and maintaining a robust compliance framework tailored to the payment industry
- Serving as the primary liaison with regulatory bodies such as Bank Negara Malaysia
- Conducting regular reviews and audits of company practices and records to guarantee compliance
- Submitting reports and documentation to regulatory authorities on a regular basis
- Conducting internal training sessions on compliance-related matters
- Developing risk management and compliance programs specific to the fintech industry
- Providing guidance within the company in response to regulatory inquiries
- Staying up-to-date with changes in payment industry regulations and adapting accordingly
Requirements for the Compliance Officer Position
The ideal candidate should possess:
- A proven background as a Compliance Officer in the payment industry
- In-depth knowledge of the regulatory environment in Malaysia, specifically regulations overseen by Bank Negara Malaysia
- Excellent organisational and project management skills
- Strong communication skills, proficiency in negotiation and regulatory liaison
- Analytical skills with a strong attention to detail
- A Bachelor’s degree in Law, Finance, Business Administration or related field
- Advanced compliance certifications (highly regarded)
What the Company Offers
The successful candidate can expect:
- A competitive salary starting from RM6,500 per month, negotiable based on experience
- Devices for work purposes
- Hybrid working locations to facilitate flexibility
- Comprehensive medical benefits package
- Opportunities for professional development and training in compliance and regulatory affairs
How to Apply
Candidates should submit their resume along with a cover letter highlighting:
- Their experience in compliance within the payments industry
- Expertise in dealing with regulatory bodies like Bank Negara Malaysia
- Any relevant achievements in the field
Don’t miss this exciting opportunity! Apply today.