Executive Special Projects, Compliance

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Job Purpose

To assist Head, Special Project in:-

• Ensuring Affin Bank Group Compliance Plans for Head Office Departments and all entities under its purview comply with all regulatory and internal requirements, thus, allow compliance risks to be managed effectively and efficiently.
• Responsible for the adequate compliance advisory on information technology and automation projects
• Timely undertake and ensure and all tasks on preparing internal and external Regulatory Reports are properly carried out in accordance with Management’s guidelines and procedures.
  
  

Accountabilities

• Financial
• To minimize losses arising from Compliance lapses and manage regulatory non-compliance.
• Process
  
  

Executive, Compliance Special Projects is responsible for assisting in overseeing the followings:-

• Project Lead and referral point in major regulatory compliance projects undertaken by business and banking operations e.g. CRS, FATCA, CRA
• Develop and implement departmental automation process e.g. Gap Analysis process, Compliance Matrix, CRS, FATCA, Compliance dashboarding, etc
• Support and meet Compliance Plan objectives to ensure sound and consistent achievement of the Plan for the Bank
• Facilitate CRS and FATCA process as well as validate and submit annual reportable information to IRBM
• Identify & understand regulatory and corporate policy compliance requirements, particularly on PDPA, GDPR, FEA, CRS, FATCA etc and formulate necessary guidance
• Assist with review/approval of Product Programs, marketing collaterals and customer communication to ensure adequacy of product transparency and disclosure and compliance with regulatory and corporate policy requirements
• Participate in product/local regulatory related joint reviews with control functions Teams, where required
• Coordinate and manage the Compliance training and awareness program, including e-learning program with relevant Business Units and Human Resources where applicable;
• Participates in regulatory test and review and represents the department on various projects and initiatives
• Manage the preparation of Compliance Special Project reports for internal reporting purposes;
• Perform any other duties as and when assigned by GCCO
• Customer
• To ensure audit compliance and timely respond to audit finding.
• To oversee the resolution of internal/external audit findings.
• Timely submission of Management and Board reports (MCM, GBRMCC, etc).
• Issuance of Compliance related circulars to Bank staff.
• To recommend improvement in business processes on Compliance matters.
• People
• To design/develop Compliance awareness training within the Bank.
• To assist Human Resources Department to source for Compliance trainers from the industry.
• Other Responsibilities
• To take-up the role as the bank’s representative for seminars/conferences/guest speaker, as and when invited by regulators and/or external parties.
  
  

Requirements

• Bachelors Degree / Professional qualification in Finance / Accounting/ Finance/ Auditing/ IT/ Banking Services/ Economics/ Legal preferred
• Minimum 1 years in financial services-related field i.e, Auditing in financial services-related field or Regulatory compliance work preferred
• Able to work independently and within team environment
• Solid judgment and decision-making abilities
• Strong logical thinking & analytical skills
• Strong communication and presentation skills
• Good foundation of key local regulatory requirements
• Good understanding of banking products/processes, preferred
• Strong influence skills working both internally and externally at senior levels
• Self-starter, independent with good organizational skills
• Strong influence skills working both internally and externally at senior levels
• Pro-active, demonstrates initiative & looks for areas of improvement
• Presents self in a confident and professional manner