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Please Note

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

Relationship Manager, Priority Banking (Nationwide)

Malaysia Standard Chartered Estimated salary: RM8,000–RM15,000 per month, plus performance incentives and benefits
Role summary

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

The Relationship Manager, Priority Banking is responsible for managing and growing a portfolio of affluent clients across Malaysia. Requirements typically include a degree or relevant professional qualification, experience in priority, premier or wealth banking, strong knowledge of banking products, and a proven record in sales and client acquisition. The candidate is expected to build trusted client relationships, understand financial needs, recommend suitable solutions, achieve revenue and portfolio targets, and maintain high service standards. Strong communication, negotiation and networking skills are important, together with sound knowledge of risk controls, suitability requirements, anti-money-laundering procedures and other banking regulations. Mobility may be required because the role is advertised nationwide.

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, priority and private banking, commercial banking, corporate finance, trade services, wealth management and digital banking solutions. In Malaysia, Standard Chartered serves individuals, entrepreneurs, businesses and multinational companies through branches, digital channels and relationship teams. Its Priority Banking business supports affluent customers with tailored banking, investment, financing and wealth-planning services. The company promotes an international working environment, professional development and responsible banking practices. Employees are generally expected to demonstrate strong integrity, customer focus, collaboration and compliance awareness. Compensation commonly combines a fixed salary with sales or performance-based incentives, alongside benefits such as medical coverage, leave and retirement-related provisions, subject to local employment terms.

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