Job title:Head of Rules Enforcement & Governance
Company:
Job description:
Key Areas Of ResponsibilitiesGeneral Rules Compliance Monitoring:Manage the Rules monitoring scope and processes for all PayNet services to ensure alignment with regulatory compliance requirements.
Regularly evaluate and update compliance monitoring methods to adapt to regulatory changes and emerging industry risks.
Oversight of Monitoring Processes and Scope:Define and oversee the scope and processes for monitoring participant compliance with PayNet rules, ensuring alignment with regulatory standards and effective risk management.
Stakeholder Management and Industry Collaboration:Lead engagement efforts with internal and external stakeholders, including participants, regulatory bodies, and cross-functional PayNet teams.
Enforcement and Escalation of Non-Compliance:Establish and manage robust enforcement processes to address instances of non-compliance.
Resource Management and Team Leadership:Lead, coach, and develop the Rules Enforcement and Governance team, ensuring alignment with department goals.
Risk and Quality Assurance Management:Oversee the identification, review, and validation of compliance-related risks associated with regulatory mandates.
Continuous Improvement of Compliance Monitoring Methods:Evaluate and improve rules monitoring methodologies using data-driven insights.
Timely Reporting and Communication of Compliance Findings:Ensure compliance findings are reported promptly and accurately to senior management and regulatory authorities.
People Management:Lead the team to ensure continuous improvement in the monitoring process.
Department Processes and Cross-Division Procedures:Develop and maintain relevant processes and procedures to collaborate effectively with stakeholders.
Department RCSA:Understand and apply controls effectively to manage key risks.
QualificationsExperience:10+ years in compliance, governance, or risk management within the financial services, payment, or regulatory sector, with at least 5 years in a leadership role.
CORE COMPETENCIES:
Aspirational
Curious
Grit
Integrity
LEADERSHIP COMPETENCIES:
Demonstrates Strategic Thinking & Action
Develops & Empowers Talent
Acts for the Greater Good
Expected salary:
Location:Kuala Lumpur
Job posting date:Thu, 26 Dec 2024 23:59:50 GMT
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