Overview
Vice President / Assistant Vice President – Compliance Jobs in Federal Territory of Kuala Lumpur, Malaysia at Khazanah Nasional Berhad
Title: Vice President / Assistant Vice President – Compliance
Company: Khazanah Nasional Berhad
Location: Federal Territory of Kuala Lumpur, Malaysia
About Khazanah
Khazanah Nasional Berhad (Khazanah) is the sovereign wealth fund of Malaysia, established in 1993 and owned by the Minister of Finance (Incorporated) and the Federal Land Commissioner (Incorporated). We are entrusted with the responsibility of creating sustainable and enduring value through purpose-driven investments. As a responsible and long-term steward of the nation’s assets, Khazanah invests with discipline across strategic and catalytic sectors both in Malaysia and globally, while actively shaping its portfolio to strengthen resilience, competitiveness and future growth.
Beyond financial returns, Khazanah is committed to building capacity, supporting inclusive development and nurturing vibrant communities, ensuring that the value it creates benefits Malaysia and its people, today and for generations to come.
Job Purpose
To develop, implement and oversee Khazanah’s enterprise compliance framework, promote a strong culture of integrity and regulatory compliance, provide advisory support to management and business units, and ensure compliance risks are effectively identified, managed, monitored and reported.
Key Accountabilities
1. Strategy and Planning
- Design and implement the enterprise compliance strategy and annual compliance programme aligned with Khazanah’s objectives and risk appetite.
- Develop compliance plans, priorities, budgets and resource requirements to achieve compliance outcomes efficiently.
- Leverage technology, data analytics and automation to enhance compliance monitoring and reporting.
- Develop and implement capability-building initiatives to strengthen in-house compliance expertise and succession planning.
2. Performance Monitoring and Reporting
- Establish compliance KPIs, KRIs, monitoring methodologies and reporting mechanisms.
- Conduct compliance reviews and thematic assessments across business and operational units.
- Monitor compliance issues, breaches, regulatory developments and remediation plans.
- Prepare periodic compliance reports and dashboards for Management, ARC and other governance committees.
- Review and continuously improve compliance processes, methodologies and operating procedures.
3. Policies, Procedures and Controls
- Review and enhance policies, procedures and standards to ensure alignment with legal, regulatory and internal requirements.
- Embed compliance controls within business and operational processes.
- Provide guidance on regulatory obligations, conflicts of interest, conduct, ethics, anti-bribery and corruption, sanctions and related compliance matters.
- Lead periodic policy reviews and compliance gap assessments.
4. Advisory and Stakeholder Engagement
- Serve as a trusted advisor to management and business units on compliance matters.
- Provide practical recommendations relating to regulations, governance, systems, controls and business practices.
- Collaborate with other stakeholders e.g. Integrity team, Investment Risk, Legal, Internal Audit and other stakeholders to strengthen the control environment.
- Maintain effective relationships with regulators, industry bodies and external stakeholders where appropriate.
5. Compliance Culture and Awareness
- Design and deliver compliance awareness programmes, training and communications.
- Promote a culture of integrity, ethical conduct and accountability throughout the organization.
- Support initiatives relating to whistleblowing, anti-bribery and corruption, conflicts management and regulatory compliance.
6. Regulatory and Compliance Risk Management
- Monitor emerging regulatory developments and assess their impact on Khazanah.
- Coordinate regulatory submissions, enquiries and examinations where applicable.
- Identify, assess and escalate significant compliance risks and breaches.
- Track remediation actions and ensure timely closure of compliance issues.
- Familiarity with data protection laws and data governance is an added advantage.
Qualifications and Experience
- Bachelor’s degree in Law, Accounting, Finance, Business, Risk Management or related discipline. Professional certifications in Compliance, Risk Management, Governance, Audit or related fields are preferred.
- Minimum 5 years of relevant experience in compliance, governance, regulatory affairs, risk management or related functions.
Key Competencies
- Strong knowledge of regulatory compliance, governance and control frameworks.
- Strategic thinking and problem-solving capability.
- Excellent stakeholder management and influencing skills.
- Strong report writing and presentation skills.
- High integrity, professionalism and sound judgement.
- Leadership and people development capabilities.
We encourage and value applications from all backgrounds, identities, and experiences whereby all qualified candidates will be assessed in a fair and equitable manner. Our employment decisions are based on merit, business needs, and job requirements.
