Assistant Manager, Compliance Support

Summary
Responsible for the effective governance of governance of outsourcing and any other ad-hoc tasks assigned.
Duties and Responsibilities
Managing Outsourcing Arrangements
•To ensure proper governance on outsourcing to ensure compliance with regulatory requirements and proper managing of the emanating risk of the outsourced functions.
•To assess the outsourcing pack i.e. Determination of Outsourcing Checklist (DOC), Due Diligence Checklist (DD) and Materiality Risk Assessment (MRA) submitted by BU/SU and provide Outcome of Due Diligence (ODD) to be presented in relevant approving committee within the stipulated turnaround time.
•To review outsourcing presentation decks submitted by BU/SU.
•To review contract, service level agreement on outsourcing arrangement entered by the Bank.
•To prepare the application of new outsourcing approval to BNM for activity that is assessed and classified as material engagement.
•To update details of outsourcing service provider (OSP) in outsourcing register upon onboarding new or renewal, termination of OSP prior contract expiry and as and when new information provided by BU/SU to ensure all information related to outsourcing arrangements (material / non-material) are properly captured in the Bank’s records.
•To update including compile the progress update on ongoing and upcoming outsourcing reviews as part of Compliance Management Report to MRCC / BRC.
•To advise and provide clarifications to BU / SU on outsourcing requirements and compliance related enquiry, provide clarification where incumbent is the subject matter expert.
•To collate details of yearly divisional outsourcing plan from all BU/SU to prepare annual outsourcing plan for tabling to Board and submission to BNM by 31 March every year.
•To maintain all original copies of the documents pertaining to the outsourcing arrangement.
•To come up with initiatives / refinements related to outsourcing function and implement them.
Revision of Department Policy and Manual
•To review the Outsourcing Policy, Outsourcing Operational Manual or any other publications assigned to ensure accuracy and relevance to the regulatory requirements.
Any other duty / assignment as and when directed / assigned by the superior from time to time.

Qualification
Degree in any discipline
Years of Experience
At least 2 years of banking experience
Specific Skills/Knowledge and Certification Required
Experience of working in many areas of specializations e.g. Banking Operations, Legal, Compliance, Accounting, etc.
Ability to multi-task and highly numerate with great attention to detail.
Excellent communication with good relationships with regulatory bodies.
Be an assertive and innovative team player, highly independent, committed, self-motivated, resourceful and result oriented.
Excellence in computer skills e.g. Microsoft Office / Excel / Word / Power Point.
Ability to accept the new working environment or tasks.