Senior Associate, GWBPB - G&L - Legal & Regulatory MY at CIMB Group Malaysia

Kuala Lumpur, Kuala Lumpur, Malaysia -

Full Time

Start Date

Immediate

Expiry Date

03 Sep, 26

Salary

0.0

Posted On

05 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Legal Compliance, Regulatory Risk Management, Legal Drafting, Stakeholder Management, Advisory Services, Client Complaint Management, Analytical Skills, Communication Skills, Problem Solving, Risk Identification, Interpersonal Skills, Regulatory Framework Knowledge

Industry

Banking

Description

1) Assist Governance & Legal Team Leads in all matters related to legal and regulatory compliance for Private Banking Malaysia. 2) Point of accountability to support Private Banking Malaysia’s objectives and needs by bridging the gap between the Business and Group Compliance & Group Legal to ensure alignment of both regulatory and business strategies. 3) Responsible to support and provide consultancy or advisory on legal/regulatory risks and controls to further new business initiatives and/or solve business activities which includes product, credit related matters and any ad-hoc clients’ letters for the Business with a commercially focused, forward-looking and practical manner. 4) To liaise with legal counsels (external/internal) on terms and conditions for legal agreements, client letters for the Business. Drafting of documents and/or responses on behalf of Business to board committees and/or regulators. 5) Assist in managing client complaints for Private Banking Malaysia which may include engaging Group Audit for dispute cases (if any). 6) Proactively value added by identifying new and emerging risks and to gather and document future legal & regulatory gaps, define scope of engagement and align with key stakeholders on best delivery approach with a commercially focused, forward looking and practical manner. 7) Report any breaches of any Law, Regulations, Guidelines, Group or Departmental Policies and Procedures immediately upon becoming aware of the same to the Head of Private Banking and Group Compliance. 8) Assist gather and document legal and regulatory gaps for presentation to various types of stakeholders including Management and facilitate control issues remediation through preventive action plans, controls and sustainability with other team leads of Governance. 9) Good team player and interpersonal skills for effective collaboration and maintains open lines of communication in ensuring that any relevant updates / information impacting the Business are communicated to PB Governance & Legal. 10) Build strong rapport with support functions (e.g. Group Legal and Group Compliance) to ensure Business & Group's initiatives are met bearing in mind all stakeholders expectations. 11) Proactively value added by identifying new and emerging risks and to gather and document future risk & compliance gaps, define scope of engagement and align with key stakeholders on best delivery approach.

Responsibilities

The role involves managing legal and regulatory compliance for Private Banking Malaysia by bridging the gap between business objectives and group legal/compliance functions. Key duties include providing advisory on legal risks, drafting agreements, and identifying emerging regulatory gaps.