Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Business Development Manager
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Business Development Manager is expected to identify and develop new business opportunities, build strong relationships with prospective and existing clients, understand their financial needs, and promote suitable Standard Chartered products and services. Requirements typically include a bachelor’s degree, relevant banking or financial-services experience, strong commercial awareness, proven sales performance, and excellent communication and negotiation skills. The successful candidate should be target-driven, customer-focused, comfortable engaging senior stakeholders, capable of preparing business plans and sales reports, and familiar with Malaysian banking regulations and market conditions.
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 presence across Asia, Africa and the Middle East. The bank provides retail, commercial, corporate, private banking and wealth-management services to individuals, businesses and institutions. Its Malaysian operations serve consumers and companies through digital banking, branches and specialist financial teams. Standard Chartered is known for its cross-border expertise, focus on emerging markets, and support for international trade and investment. The organisation promotes inclusion, professional development, responsible banking and innovation, while helping clients manage payments, financing, cash flow and wealth. Employees typically work in a collaborative, performance-oriented environment and may have opportunities to develop regional careers across the bank’s global network.