Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Lead, Risk Ops
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Lead, Risk Ops role supports Standard Chartered’s risk processes in Malaysia, helping ensure controls, reviews, reporting and operational procedures are completed accurately and on time. Candidates are typically expected to have relevant banking, risk, operations or compliance experience, strong knowledge of risk controls and governance, and the ability to investigate issues and identify process improvements. The role requires sound judgment, attention to detail, effective stakeholder communication and confidence working with regional teams. Experience with operational risk frameworks, data analysis, incident management, regulatory requirements and banking systems would be valuable. The successful candidate should be organised, proactive and comfortable managing competing priorities while maintaining high standards of control and confidentiality.
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 corporate, commercial, institutional, retail and wealth-management services to individuals, businesses and governments. It has operated in Malaysia for many years and maintains offices and banking operations supporting local and regional clients. Standard Chartered is known for its international network, emphasis on cross-border banking and commitment to responsible finance. Its employees work in areas including risk, compliance, technology, operations, customer banking, financial markets and relationship management. The organisation generally promotes collaboration across countries, professional development and a strong control environment, particularly in roles dealing with risk and regulatory responsibilities.