Job description

The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (2019-nCoV), we’re leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.

Some careers grow faster than others.

If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential.

HSBC is one of the largest banking and financial services organizations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realize their ambitions.

We are currently seeking an experienced professional to join our team in the role of Manager Commercial Banking & Global Banking & Markets Compliance Advisory.

The Malaysia Manager CMB and GBM Compliance Advisory is responsible for supporting the Senior Manager of MSS Compliance Advisory and Head of CMB & GBM Compliance Advisory Malaysia in the implementation, with guidance from Global and Regional Head, Senior Manager of MSS Compliance Advisory, of all aspects of Compliance including impact analysis of regulatory changes affecting business and support the coordination and execution of the designated Compliance work streams and assurance in Malaysia, while ensuring alignment with Global Standards and Conventional Banking requirements as well as Islamic Banking requirements. The scope of responsibility of role holder covers HBMY and HBMS.

The role requires strong partnership and collaboration with the various business teams and has responsibility for supporting the Senior Manager of MSS Compliance Advisory and the Head of CMB & GBM Compliance Advisory in the implementation of Compliance policies and standards, local laws and regulations. The role is to ensure a robust and effective compliance framework within the wholesale business. It will monitor and track the progress of designated work streams and initiatives underway which fall under the umbrella of Compliance Risk, covering regulatory and financial crime risks, provide policy advice and advisory support related to conventional and Islamic Banking products, services and clients.

The role will also need to stay at the forefront of regulatory changes, to ensure proactive communication with business and where required, develop or support appropriate policy and framework to manage the changes in Malaysia and to provide advisory support to the MSS business.

 

Principle Responsibilities:

Impact on the Business:

  • To provide support to the Senior Manager of MSS Compliance Advisory and Head of CMB & GBM Compliance Advisory in the containment of compliance risks, including regulatory compliance, AML, CFT, anti-bribery and corruption, sanctions, tax and fraud. This includes ensuring proactive approach is taken for the identification of Compliance risk change and potential impacts on the conventional and Islamic Banking Business Model in Malaysia.
  • Continuous support to Senior Manager of MSS Compliance Advisory and Head of CMB & GBM Compliance Advisory in ensuring appropriateness / robustness / effectiveness of framework to monitor compliance developments impacting MSS in Malaysia.
  • Support Senior Manager of MSS Compliance Advisory and Head of CMB & GBM Compliance Advisory in the implementation of actions to address, manage and mitigate impacts of regulatory changes.
  • Support the implementation of global standards, strategic policies, compliance-related projects / programmes which ensure bank’s exposure to current risks and emerging arising risk is managed and mitigated appropriately, in a commercially focused and practical manner.
  • Support and assists in the effective deployment of the Compliance Assurance function e.g. in providing the relevant input.
Requirements

Requirements:

  • Degree qualification of at least 5 years of compliance or relevant experience, preferably with regulatory compliance and financial crime compliance experience in Markets and Securities Services.
  • Significant degree of professional independence.
  • Strong team-player attitude.
  • Excellent communication and inter-personal skills, with experience in dealing with stakeholders at various levels including the capacity to articulate the case for risk management and policy in the language of business.
  • Ability to develop practical, cost effective solutions to complex  issues.
  • Experience in dealing with regulatory matters and confident interaction with Regulators.
  • Consistent follow-through in ensuring corrective and mitigating actions are put in place or closed out.
  • Pro-active in identifying compliance issues or developing appropriate recommendations/solutions.
  • Good planning skills are required in order to perform his/her principal accountabilities and manage a varied workload on a timely basis.
  • Practical and effective in providing advice to the relevant functions/businesses management.

 

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation needed will be prioritized.

You’ll achieve more when you join HSBC.

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Issued by HSBC Bank Malaysia Berhad