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Please Note

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

Prod Specialist MSD, WRB Tech

Malaysia Standard Chartered Estimated salary: RM 8,000–RM 15,000 per month
Role summary

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

The Product Specialist, MSD, WRB Tech role supports technology products and services for Standard Chartered’s Wealth and Retail Banking business. Requirements typically include a degree in information technology, business, finance, or a related discipline, along with experience in product management, technology delivery, digital banking, or financial services. The candidate should understand product lifecycles, customer needs, agile ways of working, requirements gathering, testing, and stakeholder management. The role expects strong communication, analytical and problem-solving skills, attention to detail, and the ability to work with business, engineering, operations, risk, and compliance teams. Experience with banking platforms, APIs, data, or customer journeys 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, private, commercial, and corporate banking services, as well as wealth management and financial markets solutions. Its Malaysia operations serve individuals, businesses, and institutional clients through branches, digital channels, and technology-led platforms. Standard Chartered has been investing in digital transformation, cloud services, data, automation, and improved customer experiences across its global network. Employees typically work in a regulated, multicultural environment where collaboration, risk awareness, innovation, and responsible banking are important. The group offers career opportunities across technology, operations, finance, client coverage, compliance, and product management. Its Bukit Jalil technology presence supports modern banking capabilities and global business functions.

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