Manager, Consumer Protection Manager, Consumer Protection …

Hong Leong Bank Berhad
in Kuala Lumpur, Kuala Lumpur, Malaysia
Permanent, Full time
Be the first to apply
Competitive
Hong Leong Bank Berhad
in Kuala Lumpur, Kuala Lumpur, Malaysia
Permanent, Full time
Be the first to apply
Competitive
Manager, Consumer Protection


*For internal staff please apply internal transfer via HRMS (https://myhrms.hlbank.my) with the information below:
JR number: Refer to the above Job Number next to position tittle
Location Code: MYMHL10000
Department Code: MY10006006
Designation Code: MCUPRO




Job responsibilities


  • Implement sound Compliance Framework within the Group.
  • Keep abreast of new legal, regulatory developments and international best practices to improve the compliance effectiveness.
  • Provide oversight on implementation of new legal, rules, regulations and guidelines on key regulatory requirements such as data privacy, competition act, fair lending and consumer protection.
  • Advise, identify and assess impact of regulatory compliance risks during new product/services development, process, marketing/promotional campaigns and other related activities.
  • Submit the relevant regulatory compliance reports to regulatory bodies on compliance matters.
  • Main contact point with the regulators and enforcement agencies on matters relating to data privacy, competition act, fair lending and consumer protection.
  • Update senior management on new initiatives, latest development and concerns/non-compliances relating to Regulatory Compliance.
  • Institutionalize compliance culture through dissemination of regulatory compliance requirements, trends and regulatory changes and employee's roles and responsibilities to achieve the optimum level of compliance within the Group.
  • Guide, mentor and coach team members on activities/initiatives to build up knowledge and experience on applicable laws, rules, regulations and guidelines.
  • Propose/recommend initiatives to reengineer existing internal processes to comply with new regulatory requirements.


Job Requirements
  • Bachelor's Degree in Business Administration, Legal
  • Experience
  • Minimum of 3-5 years of experience in a banking and financial Institution with specialisation in compliance or legal risk
  • Knowledge of legislative aspects/regulatory requirements of banking
  • Demonstrate ability to effectively communicate, both verbally and in writing, through all levels of the organization
  • Possess analytical and critical thinking
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