Designated Compliance Officer

Job Title: Designated Compliance Officer – Straits Investment Bank (Labuan)

Location: Labuan, Malaysia

Employment Type: Full-time. Mainly remote working (9am-6pm), with occasional physical meetings.

About Us:

We are an investment bank based in Labuan, regulated by Labuan Financial Services Authority (LFSA).

Role Summary:

We are seeking a detail-oriented Designated Compliance Officer to ensure our firm operates in full adherence to LFSA regulations, anti-money laundering (AML) requirements, and internal policies.

Key Responsibilities:

· Oversee daily compliance matters related to Labuan Financial Services and Securities Act 2010, Labuan AML/CFT laws, and LFSA guidelines.

• Oversee Suspicious Transaction Reporting (STR) and all applicable regulatory reporting obligations.
• Conduct transaction monitoring, risk assessments, and periodic internal reviews.
• Provide independent and objective advice to Management and the Board on regulatory,

compliance, AML/CFT, and risk matters.

• Promote and embed a strong compliance and risk culture across the organization.
• Provide compliance and risk-related guidance and support in accordance with the bank’s governance framework and Management’s direction.
• Undertake other related responsibilities and strategic initiatives as may be assigned by Management.

· Review and update compliance manuals, policies, and procedures.

· Perform ongoing KYC, CDD, EDD for client onboarding.

· Provide compliance training to staff and act as the primary contact for regulatory inquiries.

· Monitor investment restrictions, code of ethics, and personal account dealing rules.

Qualifications & Requirements:

· Minimum 4 years of compliance experience within a Labuan entity, licensed fund manager, or financial institution regulated by LFSA or Securities Commission Malaysia.

· Strong knowledge of LFSA regulations, AML/CFT requirements, and cross-border fund structures.

· Relevant certification (e.g., ICA, ACAMS, or LFSA compliance training) is an advantage.

· Knowledge of statutory filing requirements and other corporate secretarial procedures.

· Detail-oriented, able to work independently under tight deadlines.

· Excellent written and spoken English.

· Expert user of Microsoft office skills.

· AI literacy will be a huge advantage.

Why Join Us?

· Mainly remote working position, with occasional physical presence.

· Competitive salary and benefits.

· Small, agile team with high professional standards.

To apply, please send your detailed CV, and your salary expectations to [email protected]

Only Labuan based candidates will be considered. Candidates with no relevant compliance experience or knowledge need not apply.

Pay: RM3,500.00 - RM5,300.00 per month

Benefits:

• Opportunities for promotion
• Parental leave
• Work from home

Work Location: Hybrid remote in Labuan (Labuan)