Rosemallow Technologies Hiring! Full Time Risk - Compliance Officer (Regulatory Compliance) in Federal Territory - Ricebowl

Job Overview

We are seeking an experienced Risk & Compliance professional with a strong background in Malaysian regulatory compliance, particularly Bank Negara Malaysia (BNM) regulations, risk management, and internal policy development.

The successful candidate will be responsible for interpreting regulatory requirements, identifying business and commercial risks, developing internal policies and Standard Operating Procedures (SOPs), and implementing effective risk mitigation and compliance frameworks.

This role requires hands-on experience in the Risk & Compliance Department, with the ability to translate regulatory requirements into internal policies, procedures, and controls that ensure the organisation remains compliant with applicable laws and regulations.

Key Responsibilities

- Interpret and monitor Bank Negara Malaysia (BNM) regulations, regulatory guidelines, and other applicable compliance requirements.

- Develop, review, and maintain internal compliance policies, risk management frameworks, and Standard Operating Procedures (SOPs).

- Identify, assess, and mitigate business, commercial, regulatory, and operational risks.

- Conduct risk assessments and compliance reviews to identify potential regulatory gaps and recommend corrective actions.

- Establish internal controls and governance processes to ensure compliance with applicable regulatory requirements.

- Advise management and relevant departments on regulatory changes, compliance obligations, and risk mitigation strategies.

- Review existing business processes and recommend improvements to strengthen compliance and reduce risk exposure.

- Conduct compliance monitoring, internal reviews, and gap assessments to evaluate the effectiveness of policies and controls.

- Prepare risk assessment reports, compliance documentation, policy updates, and management reports.

- Coordinate with internal stakeholders and relevant departments to ensure effective implementation of compliance policies and procedures.

- Monitor regulatory updates and ensure internal policies and SOPs are revised accordingly.

Requirements

- Bachelor's degree in Risk Management, Finance, Banking, Business Administration, Law, Compliance, or a related field.

- Proven experience in Risk Management, Regulatory Compliance, or a dedicated Risk & Compliance function.

- Strong knowledge of Bank Negara Malaysia (BNM) regulations and applicable Malaysian financial regulatory requirements.

- Demonstrated experience in drafting, developing, reviewing, and implementing internal policies and SOPs.

- Experience conducting regulatory compliance assessments, risk assessments, and gap analyses.

- Strong understanding of business risk, commercial risk, internal controls, and corporate governance.

- Ability to interpret regulatory requirements and translate them into practical internal policies and procedures.

- Excellent analytical, documentation, communication, and stakeholder management skills.

Preferred Qualifications

- Experience in banking, financial services, fintech, payments, or other regulated industries.

- Relevant professional certifications in risk management, compliance, AML/CFT, or governance.

- Experience engaging with regulatory requirements, audits, and compliance reviews.

Experience:

• BNM Regulatory: 5 years (Preferred)
• Regulatory Risk Assessment: 5 years (Preferred)

Work Location: In person