Compliance Officer

At State Insurance Brokers Sdn Bhd, we constantly look out for talented individuals to share the passion for excellence and commitment in making a positive impact. We believe in empowering our employees to make a difference and advance alongside the Company.

If you are passionate about pushing boundaries, solving complex challenges and driving positive change, we invite you to join us on our journey to innovation and growth.

The Legal and Compliance Officer is responsible for supporting the development, implementation and continuous improvement of the Company's legal, regulatory and compliance framework in Malaysia. The role ensures compliance with applicable Malaysian laws and regulations, regulatory requirements, internal policies and ethical business practices.

Key Responsibilities

• Regulatory Compliance and Advisory: Monitor regulatory developments, assess their impact on business operations, provide compliance guidance and support regulatory reporting and engagement with relevant authorities.
• AML/CFT, KYC and Customer Due Diligence: Implement and monitor customer identification, verification, risk assessment, sanctions screening and enhanced due diligence procedures, ensuring appropriate escalation of suspicious activities and higher-risk cases.
• Compliance Monitoring and Risk Management: Conduct risk-based compliance reviews, identify control gaps, recommend corrective actions, monitor remediation and prepare compliance reports to support management oversight.
• Legal Matters and Contract Management: Review commercial agreements, assess legal and contractual risks, coordinate with external legal advisers and insurers, and maintain records of legal disputes, claims and insurance matters.
• Policies, Procedures and Governance: Develop and update compliance policies, procedures and controls, maintain compliance records, support governance reporting and coordinate regulatory inspections and audits.
• Compliance Training and Awareness: Deliver training and promote awareness of regulatory obligations, AML/CFT, anti-bribery and anti-corruption, conflicts of interest, data protection and ethical conduct.

Qualifications and Experience

• Bachelor's degree in Law, Finance, Banking, Accounting, Business Administration, Risk Management or a related discipline.
• Relevant professional qualifications in compliance, AML/CFT, risk management or legal practice are an advantage.
• Practical knowledge of Malaysian regulatory requirements, including applicable Bank Negara Malaysia (BNM) and Securities Commission Malaysia (SC) requirements.
• Experience in KYC/CDD, AML/CFT, compliance monitoring, regulatory reporting, risk assessments, policy development and internal controls.

Please sent detail resume with a recent photo to [email protected]