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Manager, Regulatory Advisory at Prudential – lead compliance, risk & regulatory strategy in Kuala Lumpur.
Drive product design, risk assessment, and governance while ensuring BNM and other regulations are met.
Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.
Provide subject matter expertise in regulatory compliance advisory, partnering with business stakeholders to ensure that PAMB operates within regulatory requirements and risk appetite. This includes and not limited to regulatory advisory and assessments relating to products, initiatives, projects and business processes.
The role requires independent judgment, structured problem-solving, and proactive stakeholder engagement to enable business outcomes while maintaining strong compliance standards.
Principal Duties & Responsibilities
1. Regulatory Compliance Advisory
Provide independent advisory on product design, features, and marketing/material reviews. Business initiatives, including system enhancements, AI use cases, and transformation programs. Outsourcing and third-party risk arrangements
Ensure timely and practical guidance that balances regulatory compliance and business enablement
Act as a trusted advisor to business units, offering solutions-oriented recommendations in interpreting and applying regulatory requirements issued by BNM, LIAM, PIDM, and other relevant authorities.
2. Regulatory Risk Assessment & Change Management
Support regulatory risk assessments, including:
- Annual Regulatory Risk Self-Assessment (RRSA)
- Annual Risk & Control Self-Assessment (RCSA)
- Interpret and translate regulatory requirements (e.g., BNM guidelines) into actionable business controls.
- Support and track regulatory change implementation, ensuring completeness and timeliness.
3. Compliance Assurance & Monitoring
Execute compliance monitoring reviews across key risk areas.
Identify control gaps and recommend practical remediation actions.
Track closure of findings to ensure sustainable compliance outcomes.
Escalate material risks appropriately in line with governance expectations.
4. Governance & Reporting
Prepare compliance reports, dashboards, and management information for Risk Committees and Board Committees.
Assist in preparing regulatory submissions, responses to regulatory inquiries, and management updates.
Support the maintenance of Compliance policies, procedures, and governance documents.
Key Accountabilities
Timely high-quality compliance advisory turnaround to enable business outcomes while maintaining strong compliance standards.
Completion of compliance assurance and regulatory activities.
Effective identification, assessment, and escalation of compliance risks and issues.
Timely tracking and closure of compliance findings and remediation actions.
Quality preparation of compliance reports and regulatory updates.
Qualifications
- Bachelor’s degree in law, Compliance, Finance, Business, Accounting, Risk Management, or related discipline.
- Professional certification in Compliance, Risk Management, Audit, or Governance is an added advantage.
Experience
- Minimum 5 years of relevant experience in compliance, regulatory advisory, or risk management within insurance or financial services
- Strong familiarity with BNM regulations and compliance frameworks
- Experience supporting projects, regulatory reviews, or transformation initiatives
- Experience in data analytics would be a great advantage
Core Competencies
- Regulatory Expertise & Interpretation – Applies regulatory knowledge to practical scenarios.
- Analytical Thinking & Judgment – Handles ambiguity and complexity effectively.
- Stakeholder Influence – Engages and challenges constructively.
- Execution Excellence – Manages multiple priorities with discipline.
- Risk & Control Mindset – Balances business enablement with risk mitigation.
Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.