Assistant Vice President, Regulatory ComplianceApply locations MUFGM, Kuala Lumpur Branch
time type Full time
posted on Posted 2 Days Ago
job requisition id 10068174-WD
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups.
Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, and community we serve.
We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility.
This means investing in talent, technologies, and tools that empower you to own your career.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
Responsibilities:
To assist the Core Compliance Team leader and the CCO in developing and establishing policies, strategies, and improvement plans to mitigate compliance risk issues and manage compliance activities effectively to meet regulations, directives, and laws from external regulators in Malaysia, Japan, and other countries impacting MUFG Bank (Malaysia) Berhad and MUFG Bank (Labuan Branch).
To review and conduct gap analysis for local regulations issued by Bank Negara Malaysia or Labuan Financial Services Authority, including Policy Documents (PD) and Exposure Drafts (ED).
To collaborate with business/products/support units to develop action plans for control processes in addressing regulatory requirements based on gap analysis conducted.
To develop recommendations for continuous improvement and support implementation, including corrective actions for violations of laws, regulations, or the Banks' Compliance Manual.
To engage and communicate with BNM/LFSA to detect compliance issues and ensure compliance with requirements.
To provide high-quality regulatory advisory services to Business Units regarding local regulatory requirements, including foreign exchange requirements, PDPA, and banking secrecy provisions.
To assess, report, and investigate regulatory breach incidents, including follow-up for action plan closure.
To perform ad hoc reviews based on risk areas and thematic reviews pertaining to local laws and regulations.
Requirements:
Applicant must have a recognized Degree in Finance, Accounting, Business Administration, Economics, Law, or its equivalent from a recognized university/higher learning institution.
Candidates with Compliance Certification are highly preferred.
Good communication skills with the ability to influence others and build rapport with local and external regulatory bodies.
Strong knowledge of the banking regulatory environment and regulations, with a deep understanding of industry trends, products, and relevant laws.
Strong stakeholder management skills to collaborate with other departments.
Excellent written and oral communication skills in dealing with employees or external customers/clients.
Minimum 6-8 years of relevant experience in risk management; additional experience in related fields will be considered an advantage.
MUFG Bank Ltd & MUFG Securities Asia Limited (collectively referred to as "MUFG") is an equal opportunity employer.
We view our employees as our key assets, fundamental to our long-term growth and success.
MUFG is committed to hiring based on merit and organizational fit, regardless of race, religion, or gender.
About UsAt MUFG, our colleagues are our greatest assets.
Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive, and innovative.
They reflect who we are, who we want to be, and what we expect from one another.
We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!#J-18808-Ljbffr