Compliance Executive

We’re looking for an Compliance Executive to join the Setel KL team. We are obsessed about delivering a seamless and frictionless retail experience for our customers. We strongly believe that we can only deliver these amazing experiences for our customers and merchants when we drive a work culture which inspires innovation, rewards risk-taking and celebrates success. If you want to take more ownership of your career, then you’re ready to be part of Setel.

In This Role You Will:
  • Effective contribution in designing, managing and providing compliance oversight on Setel Ventures Sdn Bhd adherence to relevant regulatory requirements amongst others the Financial Services Act 2013, AMLA 2001, Personal Data Protection Act and related applicable guidelines.
  • Assist in developing end-to-end compliance process and procedures as well as monitoring mechanism to ensure Setel Ventures Sdn Bhd complies with related regulatory requirements.
  • Undertake assessment exercise on internal controls, process and procedures developed by business units to determine its adequacy in ensuring compliance to regulatory requirements.
  • Provide regulatory advice to business and product development:
    a. Identify regulatory requirements and cascade the same to business units;
    b. Collaborate with business units to develop business and product in ensuring that proposed business and product complies with regulatory requirements;
    c. Review proposal on business and product development for approval purposes;
    d. Prepare paperwork for submission to regulators; and
    e. Review website, marketing and promotional material to ensure compliance with regulatory requirements.
  • Assist in designing and implementing AML/CFT programme such as KYC including CDD, EDD and ODD, transaction monitoring, record keeping, customer/merchant onboarding and profiling process.
  • Conduct awareness on regulatory requirements amongst business units.

You’re a great fit if you have:

  • Bachelor’s degree in relevant field i.e. Banking, Finance, IT etc.
  • Minimum 2 years working experience in relevant financial services sector.
  • Demonstrated knowledge on requirements governing E-Money business, AML/CFT programme and corporate governance standards and guidelines. Strong analytical skills, proactive, able to think creatively with excellent verbal and written skills.

Bonus Qualifications