Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Regional Head ASA, FSS Operations (Malaysia)
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Regional Head ASA, FSS Operations role leads operational delivery for Standard Chartered’s Financial Institutions and Financial Sponsor Services activities across Malaysia and the wider region. Candidates are expected to bring substantial banking operations experience, strong knowledge of controls, settlements, reconciliations, transaction processing, risk management and regulatory requirements. The role requires proven leadership of large, possibly cross-border teams, experience managing service quality and operational change, and the ability to work with senior stakeholders, technology teams and regulators. The successful candidate should demonstrate sound judgment, commercial awareness, excellent communication skills and a strong focus on client service, operational resilience, automation, efficiency and a robust risk and control culture.
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 retail, commercial, corporate, institutional and wealth-management services to individuals, businesses, governments and financial institutions. Malaysia is an important market for its regional operations, technology, transaction banking and global business-service activities. Standard Chartered promotes responsible banking, financial inclusion, sustainability and long-term client relationships. Its workforce operates across a wide range of functions, including operations, risk, technology, compliance, finance and customer-facing banking. Employees typically work in an international environment, collaborating across countries and time zones. As a large regulated bank, the company places considerable emphasis on governance, operational resilience, data protection, risk management and professional conduct, while also investing in digital transformation and process improvement.