Circle Lead, Regulatory Compliance Assurance at RHB Banking Group, Kuala Lumpur

Circle Lead, Regulatory Compliance Assurance at RHB Banking Group in Kuala Lumpur. Full-time. Apply with swipeandhired.

Develops, initiates and maintains the annual compliance review plan taking into consideration of the following:
o 208 branches across Malaysia
o 212 business/functional areas across the bank
o Forward-looking, current or emerging risk relating to regulations across all sectors
o Annual risk rating results derived from the Compliance Risk Assessment Model (CRAM)
o New regulations that have been issued or updated by the regulators and fully implemented by the Bank within the past year
o Gap assessments on updated and new regulatory requirements
o Regional entities under the bank
o Past incidences / non-compliances
 Always keep abreast with the latest regulatory updates, trends and best practices.
 Collaborates with business/functional areas to appropriately evaluate and investigate compliance issues/concerns identified during the review.
 Work closely with BRCOs and the business/functional areas to develop/implement corrective action plans for resolution of compliance issues/concerns.
 Monitors the performance of the annual compliance review plan and ensure appropriate steps are taken to accommodate any adhoc activities/requests from the regulators.
 Ensure reporting of violations or potential violations are documented and reported to Board and Management.
Peer Relationship
Position Titles / Parties
Nature of Interactions
GCGC other Section Head and team members
Exchanging information
Internal Relationship
Position Titles / Parties
Nature of Interactions
3
 Provides reports on a regular basis, and as directed or requested, to keep the Board and Management informed of compliance issues/concerns.
Subject matter expertise
 Provide expertise and guidance to team members
 Support best practice sharing across teams
 Resolve any escalated customer related issues e.g. complains, approval
Resource planning
 Play an “Air traffic control” role, coordinate shift/leave schedule between team members
 Balance resource allocation across team based on demand and priorities
 Ensure attendance and adherence of team member (with regards to work schedule)
 Support the CoE/ Chapter / Circle to hire for required skillset
Team mgmt. and coaching
 Help empower the team to work independently & self-manage
 Support the team in removal of obstacles
 Work with Circle/Chapter Lead to ensure team is performing well and help to identify ways to improve skillset within the team
 Support career and skills development of team by defining a clear development plan & trainings
 Conduct reviews & evaluations on of team member's performance
 Provide on-the-ground coaching and guidance for all team members
 Coordinate/lead trainings for team members
 Raise common issues faced by either the team or customer to the Chapter/Circle Lead
Standard enforcement
 Ensure team members follow the standards and practices of their functional expertise
 Ensure key information is cascaded and necessary documentations are created (reports)
 Support implementation of any initiatives at the team level