Senior Executive, Regulatory Commitment & Technology Management

Company Description

Bank Simpanan Nasional (BSN) is a financial institution committed to delivering comprehensive financial services to all Malaysians with a mission to provide a better life for all. With over 7,500 employees, BSN has 386 branches, and more than 2,000 Registered Banking Agents (EB BSN) nationwide. Its wide range of products and services, including conventional and Islamic savings, wealth management, micro-business, personal financing, automobile financing, and cards, are designed to promote financial inclusiveness and improve the financial prospects of Malaysians.

Job Responsbilities

• Participate in the execution of compliance plan, initiatives and activities in line with the regulatory standards.
• Execute compliance projects and other compliance initiatives as assigned to ensure bank-wide adherence to regulatory requirements and to strengthen compliance culture, e.g. Regulatory Obligation Mapping, establishment of GRCO, etc.
• Advise business/support units on compliance with BNM guidelines and policy document as well as ensuring that remedial actions have been completed by the business/support unit, where applicable/necessary.
• Identify, assess and advise impact of regulatory compliance risks during new product/services development, process, marketing/promotional campaigns and other related activities to ensure there is no regulatory breach or non-compliance.
• Constantly engaging stakeholders on their key processes with regulatory impact. Report and follow up with the results of the review, gaps and areas of improvement, track and ensure closure of issues are in line with regulatory obligations and commitments.
• Prepare compliance reports and/or relevant slides to facilitate CCO and Manager’s presentations on compliance-related matters to Senior Management and the Board of Directors; including status and progress updates of supervisory action items and consolidation of compliance issues.
• Act as a liaison between BSN and regulators (BNM, PayNet, FIMM etc.) and highlight any regulatory concerns to the Section Head, Compliance Manager and CCO. The role includes attending to ad-hoc and specific requests of the regulator to obtain clarification and confirmation from the regulator and monitor that relevant departments implement the action plans within the agreed timeline.

Job Requirements

• Bachelor’s Degree in relevant industry (e.g.: Law, Banking and Finance Degree or other equivalent).
• Certification in Regulatory Compliance, AICB.
• At minimum five (5) years’ experience in the field of compliance, financial advisory and or project management.
• Possess prior banking experience and knowledge in BNM regulations and frameworks.

Interested applicants may also forward updated CV/resume to [email protected]

Kindly be informed that only shortlisted applicants will be notified.

BSN is an Equal Opportunity Employer. We embrace diversity and promote equality, ensuring no discrimination based on age, disability, gender, race, religion, or belief. We welcome applications from candidates of all backgrounds, valuing talent, skills, and potential. Selection is based solely on individual merit.