This job is an Executive, IT Compliance Advisory.
You might like this job because it involves ensuring IT functions comply with laws and regulations, acting as a key advisor, and overseeing cybersecurity for risk mitigation.
Responsible for ensuring Regulatory and Operational IT functions are in accordance with relevant laws and regulatory guidelines, fostering a strong compliance culture in the Bank's overall environment and ensuring operations within regulatory compliance.
Job DescriptionsA.IT Compliance Advisory
Provide advisory services on IT compliance related to regulatory and operational requirements.
Participate in IT project/task force as advisor or reference point and serve as a key point of reference for the business unit (BU) and stakeholders in relation to regulatory guidelines.
Act as liaison officer between the bank and regulatory bodies, banking associations, and authorities.
Respond to inquiries from internal and external parties to ensure alignment with compliance expectations and deliverables.
B.IT Compliance Reviewer
Develop annual compliance review plan for the IT domain, encompassing regulatory policy documents, CRR, and upcoming regulatory requirements.
Conduct an independent IT compliance review to ensure IT adheres to applicable compliance criteria and required standards.
Follow up on the action plan according to compliance findings in the review activities.
C.Independent IT Compliance Assessor
Perform an independent assessment on IT and Digital proposal/concept paper signoff prior to submission to the Management Committee and BNM submission (where necessary).
Ensure proposed concept adherence to internal and external policy guidelines.
D.Administration
Ensure the Compliance Risk Control repository is consistently updated.
Prepare/facilitate internal and external reporting to Management, Board, and regulators (where applicable).
Other Requirement
Capability in overseeing cybersecurity domain to mitigate technology-related risks will add significant value.
Job RequirementsBasic Qualifications
Bachelor's Degree in any IT discipline.
Minimum 3 years of experience in a related field such as Compliance, Audit, Risk Management, or IT is required for this position.
Relevant Compliance, AML, Audit, and Risk-related Certifications and/or any other relevant certification with regard to Compliance from the Asia Institute of Chartered Bankers (AICB) is considered an added advantage.
Relevant IT certification and Project Management Professional (PMP) from recognized bodies, foundations i.e., ITIL, Prince2, TOGAF is an added advantage.
Experience in banking operations regulatory compliance, operational compliance, IT, or product knowledge is an added advantage.
Demonstrated understanding of regulations/guidelines of Bank Negara Malaysia, Acts, company laws, and compliance framework pertaining to the financial services industry.#J-18808-Ljbffr