Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
SME FRSC
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The SME FRSC role at Standard Chartered Malaysia is generally aligned with financial risk, sanctions, fraud, or regulatory controls. The successful candidate is expected to provide subject-matter expertise, review complex cases, interpret policies and regulations, identify potential financial-crime risks, and support consistent decision-making across operations. Requirements typically include relevant banking, compliance, risk, or investigations experience; knowledge of AML, sanctions, fraud controls, and applicable Malaysian regulations; strong analytical and documentation skills; and the ability to communicate clearly with stakeholders. Candidates should be comfortable working with confidential information, meeting quality and productivity targets, escalating issues appropriately, and operating in a controlled, customer-focused environment.
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. It provides retail, commercial, corporate, institutional, and wealth-management services to individuals, businesses, and major organizations. Malaysia is an established market for the bank, offering services such as consumer banking, business banking, trade finance, cash management, risk management, and digital banking. The organization places significant emphasis on responsible finance, regulatory compliance, financial-crime prevention, technology, and inclusion. Its Kuala Lumpur operations support both Malaysian customers and global banking processes, creating opportunities in customer service, operations, technology, analytics, compliance, and risk. Employees typically work in structured, multinational teams and may collaborate with colleagues across different countries and time zones.