About Maybank Securities
Maybank Securities, a leading brokerage and investment bank with a reach extending across ASEAN, the UK and the US, offers a comprehensive suite of services. These include corporate finance & advisory, navigating debt and equity capital markets, derivatives trading, brokerage and research for both retail and institutional investors, and prime brokerage.
The Candidate will be responsible for executing compliance testing reviews, monitoring activities, and contributing to the continuous enhancement of Maybank Securities Compliance Testing and Monitoring Programme. The role requires strong analytical skills, a deep understanding of regulatory and compliance risk frameworks, and the ability to design, execute, and report on risk-based reviews across business and support functions.
Key Responsibilities
1. Planning & Risk Assessment
- Conduct compliance risk assessments to identify, prioritise, and determine test areas based on regulatory obligations, business activities, and emerging risks.
- Design, plan, and execute the Annual Compliance Testing and Monitoring Programme, including developing risk-based test scripts, methodologies, and procedures aligned with MAS, SGX, and internal policies.
2. Execution of Testing & Monitoring
- Perform periodic and ad-hoc compliance testing and monitoring reviews across Business and Support units.
- Conduct gap analysis against regulatory requirements and internal controls to identify weaknesses, process gaps, or non-compliance issues.
3. Reporting
- Document testing results in detail and maintain comprehensive work papers.
- Prepare clear, well-structured reports for management and relevant stakeholders, highlighting findings, root causes, and risks.
4. Recommendations & Remediation
- Provide practical recommendations for corrective actions and areas of improvement.
- Work with Business and Support units to ensure timely and effective remediation of findings, and track progress until closure.
- Escalate delays or unresolved issues to the Head of Compliance as appropriate.
5. Programme Enhancement & Methodology
- Update and refine the testing methodology and programme in response to regulatory changes, new compliance risks, or business developments.
- Contribute to the continuous improvement of compliance processes and team procedures.
6. Support & Coordination
- Provide regular updates on testing assignments, emerging risks, and thematic issues.
- Support internal and external audit reviews covering Compliance Testing and Monitoring.
- Assist in other general compliance work or projects as assigned by the Head of Compliance.
Requirements
- Bachelor's degree in Business, Finance, Accountancy, Economics, or higher.
- 812 years of Compliance experience in capital markets firms or banks.
- Strong working knowledge of the Securities and Futures Act (SFA), Financial Advisers Act (FAA), other relevant MAS regulations and guidelines, and SGX rules.
- Solid understanding of capital markets, investment banking operations, and industry best practices.
- Strong grasp of compliance frameworks, regulatory obligations, risk assessment, and controls testing methodologies.
- Excellent analytical, investigative, and problem-solving skills, with the ability to identify root causes and propose pragmatic solutions.
- Strong communication and interpersonal skills to engage with stakeholders across different business units.
We regret that only shortlisted candidates will be notified.
