Assistant Vice President - Wholesale Banking Compliance (Investment Banking)
Kuala Lumpur
Permanent
Full-time
23 days ago
Job Title : AVP - Wholesale Banking Compliance (Investment Banking) Division : Group Legal & Compliance Department : Group Compliance - Wholesale Banking Assist to promote, lead and manage the culture and practice of regulatory compliance and ethical standards in the conduct of Wholesale Banking with key focus on Investment Banking* business (the "Covered Business") throughout CIMB Group and to oversee the Group's compliance with those requirements and applicable standards. Assist to ensure the effectiveness of the Group's management of compliance and regulatory risk issues through the establishment and maintenance of appropriate and effective frameworks and procedures, that compliance and regulatory risks are anticipated, identified, escalated and reported to stakeholders, mitigated and managed so as to avoid any financial and reputational loss. Assist to support the Director - Wholesale Banking Compliance (Investment Banking), Regional Head, Wholesale Banking Compliance, senior management and stakeholders in the management of compliance and regulatory risks relating to the Covered Business. Note : Investment Banking : include Debt Markets, Debt Syndicate, ECM & Syndicate, Corporate Finance, Merger & Acquisitions, Project Finance, Stockbroking and Equity Research. Key Responsibilities : Assist in managing the implementation of regulatory requirements and Group Compliance policies and procedures in relation to the Covered Business. Assist in the management of compliance related risk, conflict of interest of the Covered Business in CIMB Group. Assist to ensure the effective management of compliance matters in relation to the Covered Businessmatters in CIMB Group. Assume active involvement in management of critical issues and provide solution, where needed. Assist to advise CIMB Securities Board of Directors & relevant stakeholders on compliance and regulatory issues as required. Support the stakeholders in establishing appropriate monitoring mechanism for meeting regulatory obligations in the conduct of their businesses and in accordance with Group Compliance policies and procedures. Assist in ensuring the implementation of appropriate and effective risk based monitoring. Assist to provide advisory and appropriate training, where required. Support the Regional Head of Wholesale Banking Compliance and stakeholders in meeting CIMBGroup's business and strategic objectives. Assist in the implementation and completion of the compliance review/monitoring functions in accordance with Group Compliance annual compliance work plan. Champion collaboration with other departments and facilitate collaboration across countries for sharing of best practices and business opportunities Any other responsibilities / tasks as assigned by the Regional Head, Wholesale Banking Compliance/ Director - Wholesale Banking Compliance (Investment Banking)from time to time. Job Specification : Qualifications Bachelor&aposs Degree or Professional Qualification in the relevant discipline (Finance/Business/Economics/ Law) Relevant Work Experience Minimum 5-8 years of experience of relevant banking/compliance in established bank / financial institutions. Required Competencies and Skills Technical/Functional skills Good knowledge of Investment Banking products and services, including the related/applicable rules and regulations The required understanding of the businesses/business units. Personal skills (Soft Competencies [Core/Leadership]) Personal integrity and ethics. Good judgment in enabling the provision of sound advice on regulation and practice, proactive management of compliance and regulatory risks. Good presentation and influencing skills, required in guiding and assisting teams in putting forward proposals for clients, whenever necessary. Effective managerial skill as a point of reference for the subordinates. NOTE : Please indicate your expected salary in the application. Only shortlisted candidates will be contacted. Show more Show less