deputy director, risk and compliance in Kuala Lumpur

marin kaur, randstad
job type
RM 20,000 - RM 30,000 per month

job details

kuala lumpur, wilayah persekutuan
banking & financial services
job type
working hours
RM 20,000 - RM 30,000 per month
15 years
reference number
marin kaur, randstad
03-2036 7566

job description

about the company

Client is leading payment infrastructure company in Malaysia, expanding their operations in Kuala Lumpur, seeking for talent from Financial Services background.

about the job

The incumbent provides team leadership and oversight for both Risk Management and Compliance departments.

The incumbent also provides tactical advice and direction to the Board of Directors, relevant Board Committees such as Board Rules Committee and Audit and Risk Committee, senior management and business teams in respect of the above areas to ensure that the business are meeting Client’s regulators’ and shareholder’s expectations. This includes overseeing the implementation of an enterprise risk management as well as compliance framework for Client and promoting the compliance of the rules, procedures and standards published by Client for its participants or clients.

The incumbent is a member of Client’s Management Committee, permanent invitee to the Board Audit and Risk Committee and Rules Committee.

a) Risk Management
Oversees, designs and leads in the implementation of an Enterprise Risk Management Framework for Client and ensures risk identification, assessment, processes and tools are effective, comprehensive and consistently applied.
· Provides risk advisory and mitigation strategies in new products or new business ventures.
· Develops and review risk management policies and governance and guides the business teams in their application.
· Implements a set of risk reports, systems and monitoring mechanism, including losses and incidents and key risk and control indicators.
· On-boarding of new Third Party Acquirer’s (TPA) and monitoring of the TPA’s performance periodically.
· Champions and cultivates an organization-wide risk culture and accountability through training and awareness programs.

b) Compliance
Oversees, design and leads in the implementation of a Compliance Framework for Client.
· Provides guidance on proper application and interpretation of laws, regulations and policies applicable to the business and participants to Client’s services.
· Coordinates business and regulatory specific compliance reviews, routine checks and approvals.
· Implements a monitoring and reporting mechanism to check Client’s own compliance as well as Client’s participants’ compliance with prescribed regulations, rules and standards.
· Develops and cultivates an effective compliance culture in Client and amongst the participants to Client’s services.

Minimum Qualifications

  • Degree/Post Graduate/Professional qualification in Law, Risk Management, Accounting, Banking or Economics or Information Technology or other relevant qualifications.

Technical requirements

  • More than 15 years relevant experience in risk management and compliance/audit in a banking or IT related environment.
  • Good knowledge of risk management practices and relevant regulations applicable.

to apply

To apply online please click the 'Apply' button below. For a confidential discussion about this role, please contact Marin Kaur at 03-2036 7566.


no additional skills required


no additional qualifications required

educational requirements

Bachelor Degree