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Please Note

  • An estimate based on public data for similar roles. Not provided by the employer.

Senior Manager, Product Control

Malaysia Standard Chartered Estimated salary: MYR 18,000–30,000 per month, plus possible performance bonus
Role summary

Written by MyIslandJob from the job title and employer. See the employer's page for the full description.

The Senior Manager, Product Control is responsible for overseeing financial control and reporting for trading and treasury products. Typical requirements include a degree in finance, accounting, economics, or a related discipline; substantial experience in product control, financial control, valuation, or markets operations; and strong knowledge of IFRS, management reporting, reconciliations, and risk controls. The candidate should be comfortable reviewing P&L, balance-sheet exposures, valuation adjustments, and trade-related data, while working with Front Office, Risk, Finance, and Operations teams. Strong leadership, analytical, communication, problem-solving, and stakeholder-management skills are expected. Experience with banking systems, regulatory requirements, process improvement, and team management 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.

HousingNot provided; senior expats may get a housing allowance
RelocationEmployer usually pays the pass fees (about RM 330 to 480) and any levy; relocation money for senior hires only
FlightsNot standard; senior packages may add a joining flight and home leave
ContractFixed term tied to the pass, up to 5 years each; EP I and II capped at 10 years, EP III at 5 (June 2026)
LeavePeninsular Malaysia: 8 days a year, 12 after 2 years, 16 after 5; 11 public holidays; 45-hour week (by law)
Income taxFlat 30% until 182 days in a year, then 0% to 30%; EPF pension 2% + 2% is mandatory since October 2025
Health coverWork-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 the group, supporting consumer banking, Islamic banking, corporate and commercial banking, global markets, technology, finance, and shared-service operations. Standard Chartered promotes responsible banking, sustainable finance, digital innovation, and inclusive growth. Its employees typically work in internationally connected teams and support clients involved in cross-border trade and investment. The company offers opportunities in specialist control, risk, finance, technology, and banking functions, although workloads can be demanding and roles may involve strict regulatory standards, deadlines, and collaboration across multiple countries.

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