Manager, Retail Banking Compliance

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Jalan Raja Chulan, Kuala Lumpur

About The Job

  • Assist the Head of RBC as the Point of Contact for RB business specifically for Wealth Management, Customer Care, and Retail Product Management

  • Provide advisory services on Regulatory and other Compliance related requirements to RB.

  • Identify and assess regulatory compliance risk, potential breach / non-compliance incident(s) for RB. This requires in depth understanding of RB’s products, services and engagements with internal stakeholders.

  • Assess new and changes to the regulatory framework / policies and rules, identify key areas or gaps of the RB’s businesses and communicate to stakeholders.

  • Resolve any identified issues promptly, and escalate concerns to Head of RBC as appropriate to ensure timely awareness of any material concerns.

  • Review controls and procedures formulated by the RB to ensure compliance to new / changes to Regulatory policies and rules.

  • Coordinate and review RB’s response and corrective actions to regulatory findings.

  • Keep abreast of changes in the product offering, service delivery and target market.

  • Ensure the appropriate, timely and relevant compliance risk information is provided to the Head of RBC.

  • Interaction with Regulators and industry bodies on regulatory compliance matters in relation to RB.

  • Assist the Head of RBC in managing Compliance expenses for the Entity and keep within approved budget for the year.

  • Assist the Head of RBC in the cost impact analysis for Compliance related initiatives.

  • Participate in bank-wide cost management initiatives.

  • Ensure target dates for RBC and RB compliance submissions are done within stipulated timelines.

Job Requirements

  • Minimum 5 years experience in Retail, Operational Risk of Compliance within the Financial Industry

  • Experience in advising the Retail Banking business pertaining to regulatory requirements

  • Can be ex-regulator or legal person who has banking experience in RB

  • Good interpretation of the acts or guidelines and able to advise business

  • Have performed the AMLCFT advisories (added advantage) 

Our Culture


Vision: As Malaysia’s preferred diversified, internationally connected financial solutions group, we take pride in growing your future with us.

Mission: Connecting. Growing. Outperforming. 

Principled: Integrity and professionalism remain the thrust of all we do, and we take accountability for all our actions.

Proactive: We approach every challenge positively, initiate change responsibly and always anticipate the needs of all our colleagues, customers and our community.

Appreciative : We value and recognize everyone’s role and contribution, and always provide support to our customers and colleagues.

Connected : We are connected in everything we do. We are part of an organization that fosters teamwork and open communication.

Evolving : We strive to seek new and relevant ways of growing ourselves, our customers, our business and community in a sustainable manner.


Established in August 1975, AmBank Group is one of the largest banking groups in Malaysia by market capitalization and comprises AMMB Holdings Berhad and its subsidiaries:
  • AmInvestment Bank Berhad
  • AmBank (M) Berhad
  • AmBank Islamic Berhad
  • AmGeneral Insurance Berhad
  • AmMetLife Insurance Berhad
  • AmMetLife Takaful Berhad

At AmBank Group, our people are the reason for our achievements toda
We believe in diversity and creativity. We look for energy, deep passion and an unwavering drive to excel. We want motivated, agile and ambitious young individuals to join us in building a first-class team to deliver excellence within a dynamic and results-oriented environment.
Adding greater value to this one-stop financial hub is the Group’s strategic partnership with Australia and New Zealand Banking Group Ltd (ANZ), one of Australia’s leading financial institutions, International Assurance Group (IAG) and MetLife, Inc. providing the synergy of a wide network, regional presence, and international banking and financial services expertise.

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