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 win new business, build relationships with prospective and existing clients, understand customer needs, and deliver suitable Standard Chartered solutions. Candidates typically need a bachelor’s degree, relevant experience in banking, financial services, sales, or relationship management, and a strong record of meeting targets. Good communication, negotiation, presentation, analytical, and stakeholder-management skills are important. The successful candidate should be commercially minded, customer focused, self-motivated, comfortable with sales activity, and able to work collaboratively while observing the bank’s risk, compliance, and conduct standards.
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 Asia, Africa, and the Middle East. The bank provides services to individuals, businesses, and institutions, including retail banking, wealth management, commercial banking, corporate finance, transaction banking, and financial markets. Malaysia is an established market for the group, with operations supporting personal, business, and multinational customers. Standard Chartered promotes responsible banking, client service, inclusion, digital innovation, and sustainable finance. Employees generally work in a regulated, performance-oriented environment where relationship building, risk awareness, teamwork, and professional development are valued. Its Petaling Jaya and wider Klang Valley operations offer access to Malaysia’s largest concentration of financial-services, technology, and commercial employers.