Risk Compliance Manager

We are looking for a Risk & Compliance professional with strong knowledge of Bank Negara Malaysia (BNM) regulations and experience in developing and implementing internal policies, procedures and risk controls.The ideal candidate will be responsible for interpreting regulatory requirements, assessing business and commercial risks, and translating regulatory obligations into practical policies, frameworks and SOPs to ensure the organisation remains compliant.This role requires policy development and regulatory compliance ownership, rather than primarily executing day-to-day operational risk procedures.Key ResponsibilitiesInterpret and monitor applicable BNM regulations, guidelines and regulatory requirements, ensuring the organisation's policies and practices remain compliant.Draft, review and maintain internal risk and compliance policies, procedures, SOPs and control frameworks.Conduct business and commercial risk assessments, identify control gaps and recommend appropriate mitigation measures.Establish and enhance risk management frameworks, internal controls and compliance monitoring processes.Oversee risk and compliance requirements relating to e-wallets, card payments, merchant acquiring, transaction processing and settlements, as applicable.Ensure appropriate AML/CFT, KYC, sanctions screening and regulatory reporting frameworks are established and maintained.Assess regulatory and compliance implications of new products, business initiatives, partnerships and process changes.Monitor regulatory developments and coordinate the implementation of relevant changes across business functions.Work with internal stakeholders to ensure policies and controls are understood, implemented and periodically reviewed.Support regulatory reviews, audits, compliance reporting and staff awareness or training initiatives.RequirementsRelevant experience in Risk Management, Regulatory Compliance, Compliance Advisory, Risk Governance or a related function within financial services, banking, FinTech or digital payments.Demonstrable experience interpreting regulatory requirements and translating them into internal policies, SOPs and control frameworks.Good working knowledge of applicable BNM regulations and guidelines.Experience conducting risk assessments, identifying control weaknesses and developing mitigation strategies.Understanding of AML/CFT, KYC/EDD, sanctions screening and regulatory reporting requirements.Exposure to e-wallets, payment services, card schemes, merchant acquiring or transaction processing will be an advantage.Strong analytical, documentation, stakeholder management and communication skills.