Compliance Officer
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The Compliance Officer will be responsible for developing, implementing, and overseeing the compliance program within our organization. This role involves ensuring that all aspects of the company's operations, including its policies, procedures, and activities, comply with regulatory requirements, industry standards, and ethical practices. The ideal candidate will have a strong background in compliance within the financial services sector, preferably with specific experience in payment services.
Key Responsibilities:
Develop and implement an effective legal compliance program, including policies, procedures, and controls that address all relevant regulatory requirements and risks.
Monitor compliance with laws, regulations, and internal policies, including conducting regular audits and risk assessments.
Serve as the primary point of contact for all regulatory bodies in Malaysia, including the Bank Negara Malaysia (BNM) and other relevant financial regulatory authorities.
Prepare and submit all required compliance reports and documentation to regulatory bodies in a timely and accurate manner.
Develop and conduct compliance training programs for all employees to ensure widespread understanding and adherence to legal and regulatory requirements.
Advise management on the compliance implications of proposed business strategies and new products or services.
Investigate and resolve compliance issues, breaches, or violations and implement corrective actions as necessary.
Stay abreast of changes in laws and regulations that affect the payment services industry, and update company policies and procedures accordingly.
Requirements:
Bachelor’s degree in Law, Finance, Business Administration, or a related field. A Master’s degree or professional certifications in compliance (e.g., Certified Compliance Officer) would be an advantage.
Minimum of 5 years of experience in a compliance role within the financial services industry, with a strong preference for candidates with experience in payment services.
Previous experience in managing licensing applications for the MSBA and FSA is preferred.
In-depth knowledge of Malaysian financial regulations and standards, including those specific to payment services.
Excellent communication skills, both written and verbal, with the ability to interact effectively with all levels of management and regulatory authorities.
Strong analytical and problem-solving skills, with a proactive approach to identifying and addressing compliance risks.
Proficiency in English and Bahasa Malaysia is required.
What We Offer:
A dynamic and challenging work environment in a rapidly growing sector.
Competitive salary and benefits package.
Opportunities for professional development and career advancement.
The chance to be part of a company that is making a significant impact on the payment services landscape in Malaysia and beyond.
About Us:
We are a leading payment service provider dedicated to offering innovative, secure, and convenient payment solutions across Malaysia. Our mission is to empower businesses and consumers to participate in the global economy through seamless and compliant financial transactions. As we continue to grow and expand our services, we are looking for a dedicated Compliance Officer to join our team in Malaysia. This role is pivotal in ensuring that our operations adhere to all regulatory and legal standards, safeguarding our reputation and operational integrity.
The Compliance Officer will be responsible for developing, implementing, and overseeing the compliance program within our organization. This role involves ensuring that all aspects of the company's operations, including its policies, procedures, and activities, comply with regulatory requirements, industry standards, and ethical practices. The ideal candidate will have a strong background in compliance within the financial services sector, preferably with specific experience in payment services.
Key Responsibilities:
● Develop and implement an effective legal compliance program, including policies, procedures, and controls that address all relevant regulatory requirements and risks.
● Monitor compliance with laws, regulations, and internal policies, including conducting regular audits and risk assessments.
● Serve as the primary point of contact for all regulatory bodies in Malaysia, including the Bank Negara Malaysia (BNM) and other relevant financial regulatory authorities.
● Prepare and submit all required compliance reports and documentation to regulatory bodies in a timely and accurate manner.
● Develop and conduct compliance training programs for all employees to ensure widespread understanding and adherence to legal and regulatory requirements.
● Advise management on the compliance implications of proposed business strategies and new products or services.
● Investigate and resolve compliance issues, breaches, or violations and implement corrective actions as necessary.
Stay abreast of changes in laws and regulations that affect the payment services industry, and update company policies and procedures accordingly.
Requirements:
● Bachelor’s degree in Law, Finance, Business Administration, or a related field. A Master’s degree or professional certifications in compliance (e.g., Certified Compliance Officer) would be an advantage.
● Minimum of 5 years of experience in a compliance role within the financial services industry, with a strong preference for candidates with experience in payment services.
● Previous experience in managing licensing applications for the MSBA and FSA is preferred.
● In-depth knowledge of Malaysian financial regulations and standards, including those specific to payment services.
● Excellent communication skills, both written and verbal, with the ability to interact effectively with all levels of management and regulatory authorities.
● Strong analytical and problem-solving skills, with a proactive approach to identifying and addressing compliance risks.
● Proficiency in English and Bahasa Malaysia is required.
What We Offer:
● A dynamic and challenging work environment in a rapidly growing sector.
● Competitive salary and benefits package.
● Opportunities for professional development and career advancement.
The chance to be part of a company that is making a significant impact on the payment services landscape in Malaysia and beyond.
About Us:
We are a leading payment service provider dedicated to offering innovative, secure, and convenient payment solutions across Malaysia. Our mission is to empower businesses and consumers to participate in the global economy through seamless and compliant financial transactions. As we continue to grow and expand our services, we are looking for a dedicated Compliance Officer to join our team in Malaysia. This role is pivotal in ensuring that our operations adhere to all regulatory and legal standards, safeguarding our reputation and operational integrity.
