Job Description

Willis Malaysia (WTW Group) is seeking an Assistant Compliance Officer to support the Compliance Officer in managing local and Group compliance policies, ensuring applicable regulatory requirements (including Bank Negara Malaysia) are identified and met, and assisting with compliance monitoring, reporting, training, documentation and liaison with business and group counterparts.

Principal Duties/Responsibilities:

• Assist the Compliance Officer to identify any laws/regulations that are applicable to Willis Malaysia Business & Operation.
• Provide support on annual regulatory compliance review with local regulatory obligations, including adherence to licencing requirements enforced by Bank Negara Malaysia.
• Maintain an updated Compliance internal library and documentation, and Compliance communication.
• Assist the business in dealing with licensing and other compliance issues, including liaison with overseas counterpart when required.
• Support the Compliance Officer to communicate, review and update Willis Malaysia Compliance policies and procedures and any internal control and documentation to ensure compliance with the local regulatory environment and Compliance programme.
• Provide support to the Business in understanding responsibilities under Bank Negara Guidelines and WTW Group policies (e.g. Financial Crime policies such as Anti-Bribery and Corruption, Sanctions & Export Control, Anti-Money Laundering & Counter-Terrorist Financing and Third Parties); respond to queries on interpretation of relevant Compliance policies and procedures.
• Assist to implement an effective AMLCTF Compliance programme, manage Business Champions, monitor regulatory updates on AMLCTF, and monitor progress of weekly reporting on Record Keeping by Business.
• Discuss promptly with the Compliance Officer any compliance or regulatory issues; ensure reporting of the issue in the appropriate log/database; agree corrective action including responsibility, timelines and review date.
• Support Compliance Office to perform Compliance testing and/or monitoring reviews, identify gaps and track for closure, and be responsible for data/report compilation.
• Assist to review business documents such as legal documents, business cases and promotional materials in a timely fashion.
• Support any ad-hoc assignments as and when required.
• Support the Compliance Officer to develop training materials, deliver training and communication; coordinate WTW Group Compliance training and track completion; maintain and update Compliance training record.
• Ensure all compliance incidents are reported in the appropriate database/log under supervision of Compliance Officer where appropriate.
• Assist to compile Quarterly Board declaration and other Compliance reports to the Board; support development of Compliance reports to CEO and Compliance Management.
• Maintain positive relationships with Senior Management and stakeholders including Group Compliance, Group Legal, Group Privacy Office, Internal and External Audit; collaborate with Business Champions and other support areas (HR, IT, Finance, Operations).

Job Requirements

Skills, Knowledge & Experience:

• Proactive, organised, methodical and adaptive; able to work under pressure to tight timelines with minimum supervision.
• Team player with good interpersonal and influencing skills; strong communication skills, both orally and in writing.
• Excellent analytical problem-solving skills and commercial awareness.
• IT literate - knowledge of Microsoft Office applications.
• Degree in Compliance, Corporate Governance, Law, Risk Management or related discipline.
• Minimum 3 to 5 years' experience in a corporate environment with exposure to Compliance, AMLCTF, Corporate Governance, Enterprise Risk Management, Internal Audit and/or control functions in Financial Services, Banking, Insurance or Insurance Broking.

Skills