Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Business Analyst, CLORA (Malaysia, India)
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Business Analyst, CLORA role supports business change and operational improvement within Standard Chartered’s client lifecycle and operational risk environment. Responsibilities typically include gathering and documenting requirements, analysing processes and controls, coordinating with stakeholders in Malaysia and India, supporting regulatory or risk-related initiatives, preparing process documentation, and helping deliver technology or workflow improvements. Candidates are expected to have experience in business analysis, banking operations, process mapping, data interpretation, and project delivery. Strong communication, stakeholder-management, problem-solving, and documentation skills are important. Knowledge of client onboarding, KYC, AML, controls, or financial-services regulations would be advantageous, together with the ability to work across countries and manage multiple priorities.
Can I work in Malaysia?
Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.
How it works
How it works: Employment Pass with a Bank Negara letter; RM 5,000+ basic (about USD 1,150) after a 14-day MYFutureJobs advert (exempt at RM 15,000+); 10 years from RM 10,000.
Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.
Watch for: Only basic pay counts towards the RM 5,000 floor, not allowances; from 1 January 2027 EP II and III applications need a succession plan to train a Malaysian.
Official source: Expatriate Services Division: ESD Online Guidebook 2025. Checked November 2026.
What the job usually comes with in Malaysia
Usual for Banking jobs in Malaysia, varies by employer. Checked November 2026.
| Housing | Not provided; senior expats may get a housing allowance |
|---|---|
| Relocation | Employer usually pays the pass fees (about RM 330 to 480) and any levy; relocation money for senior hires only |
| Flights | Not standard; senior packages may add a joining flight and home leave |
| Contract | Fixed term tied to the pass, up to 5 years each; EP I and II capped at 10 years, EP III at 5 (June 2026) |
| Leave | Peninsular Malaysia: 8 days a year, 12 after 2 years, 16 after 5; 11 public holidays; 45-hour week (by law) |
| Income tax | Flat 30% until 182 days in a year, then 0% to 30%; EPF pension 2% + 2% is mandatory since October 2025 |
| Health cover | Work-injury and invalidity cover via SOCSO (by law); no public health cover; employers add private insurance |
Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.
Guidance, not legal advice. Rules change; your employer confirms the details for your case.
About Standard Chartered
Standard Chartered is an international banking group headquartered in London, with a strong focus on markets across Asia, Africa, and the Middle East. The bank provides retail, private, commercial, and corporate banking, wealth management, and financial-market services to individuals, businesses, institutions, and governments. Malaysia is an important regional location for the group, supporting banking operations, technology, risk, finance, client servicing, and shared-service activities. Standard Chartered promotes an international working environment and places emphasis on responsible banking, digital transformation, regulatory compliance, inclusion, and sustainable finance. Employees commonly work with colleagues across multiple countries, making collaboration, clear communication, and cultural awareness valuable. Benefits and compensation vary by grade, experience, location, and employment contract.