Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Lead Risk Manager AI (Malaysia, India)
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Lead Risk Manager AI role is responsible for identifying, assessing and managing risks arising from artificial intelligence and advanced analytics across Standard Chartered. The successful candidate will typically need substantial experience in enterprise risk, model risk, technology risk, data governance or AI governance, along with knowledge of regulatory expectations and responsible AI principles. Strong analytical, communication and stakeholder-management skills are essential. The role is expected to develop risk frameworks, challenge AI use cases, monitor controls, advise senior leaders, support regulatory compliance and promote safe, ethical and explainable use of AI. Experience in banking, model validation, cybersecurity, data science or risk transformation would be advantageous.
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, transaction banking and financial-market services. Malaysia is an important location for its regional operations, technology, risk, operations and support functions. Standard Chartered is known for its international workforce and emphasis on sustainable finance, digital transformation, financial inclusion and responsible banking. Employees often work with colleagues across multiple countries and business lines. For a senior AI risk position, the company offers exposure to evolving regulatory requirements, large-scale banking systems and enterprise-wide technology initiatives. Compensation commonly includes a base salary, performance-related bonus, medical coverage, retirement contributions and other employee benefits, although the exact package depends on grade and employment terms.