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Please Note

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

Strategic Initiatives & Change Delivery (Malaysia, India)

Malaysia Standard Chartered Estimated salary: RM 120,000–RM 220,000 per year, depending on experience and grade
Role summary

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

This role supports strategic initiatives and change delivery across Standard Chartered’s Malaysia and India operations. Responsibilities typically include coordinating transformation programmes, managing project plans, tracking risks and dependencies, preparing senior-management updates, improving processes, and ensuring that changes are implemented effectively. Candidates are expected to have experience in banking, project or programme management, business transformation, or change delivery. Strong organisational, analytical, communication, stakeholder-management, and problem-solving skills are important. Familiarity with governance frameworks, operational controls, data analysis, and working across multiple countries is advantageous. The successful candidate should be comfortable managing competing priorities, influencing stakeholders, and delivering outcomes within regulated financial-services environments.

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 markets across Asia, Africa and the Middle East. The bank provides retail, private, commercial and corporate banking, wealth management, financial markets, and transaction-banking services. Malaysia is an important regional location, supporting clients and group functions across operations, technology, risk, finance and business services. Standard Chartered promotes international collaboration, responsible banking, inclusion and professional development. Employees commonly work with colleagues across multiple countries and may contribute to large-scale programmes involving digitalisation, regulatory change, process improvement and customer experience. As a highly regulated bank, the organisation places strong emphasis on risk management, governance, compliance, information security and operational resilience.

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