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 grow Standard Chartered’s customer and business portfolio in Malaysia by identifying new opportunities, developing client relationships, and delivering suitable banking solutions. Candidates typically need a bachelor’s degree, relevant experience in banking, sales, business development, or relationship management, and a strong understanding of financial products and market trends. The role requires excellent communication, negotiation, presentation, networking, and analytical skills. The successful candidate should be commercially driven, customer focused, target oriented, and comfortable working with internal stakeholders across product, risk, operations, and compliance teams. Professional integrity, sound judgement, resilience, and the ability to manage a sales pipeline independently are also important.
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, and institutional banking services, including deposits, lending, payments, wealth management, trade finance, and capital markets. Malaysia is an important market within its regional network, supporting individuals, businesses, multinational companies, and financial institutions. Standard Chartered promotes a diverse and internationally connected workplace, with emphasis on responsible banking, digital transformation, client service, risk management, and sustainable finance. Employees may benefit from cross-border collaboration, professional development, structured training, and exposure to a wide range of banking products. Roles in Malaysia commonly involve close coordination with local clients and regional teams, while meeting regulatory, conduct, and compliance standards.