Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Portfolio Wealth Specialist
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Portfolio Wealth Specialist supports the growth and management of affluent customer portfolios by providing suitable wealth solutions, including investments, insurance, deposits and other banking products. The role typically involves understanding client goals, reviewing financial needs, developing trusted relationships, generating new business and meeting portfolio revenue targets. Candidates are expected to have experience in wealth management, retail banking, investment advisory or relationship management, along with strong knowledge of financial products and relevant Malaysian regulatory requirements. Good communication, sales, analytical and client-servicing skills are essential. Professional certifications such as FIMM, TBE or other recognized wealth-management qualifications may be advantageous. The successful candidate should be commercially driven, ethical, customer-focused and comfortable working toward individual and team performance goals.
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 has operated in Malaysia for many years and provides retail, private, commercial and corporate banking services, together with wealth management and digital banking solutions. Its client base includes individuals, entrepreneurs, businesses and multinational companies. Standard Chartered is known for its cross-border network, relationship-led service and emphasis on responsible banking, inclusion and sustainability. Employees typically work in a regulated, performance-oriented environment with opportunities to serve diverse customers and collaborate across markets. In Malaysia, the bank maintains operations in major business centres including Kuala Lumpur and Petaling Jaya. Benefits and career development may include structured learning, employee banking privileges, health coverage and opportunities for internal mobility, subject to the specific employment package.