Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Associate Director, Policy Hub (Malaysia, India)
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Associate Director, Policy Hub will help manage, develop and maintain Standard Chartered’s policies across Malaysia and India. Responsibilities typically include coordinating policy owners, interpreting regulatory requirements, conducting governance reviews, tracking approvals, identifying policy gaps and working with risk, compliance, legal and business teams. Candidates are expected to have substantial experience in banking policy, risk, compliance, governance or regulatory change, with strong knowledge of control frameworks and documentation standards. The role requires excellent stakeholder management, analytical ability, attention to detail and confidence working across countries and seniority levels. A relevant degree and experience in a large, regulated financial institution are likely preferred.
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 presence across Asia, Africa and the Middle East. The bank provides retail, private, commercial and corporate banking, wealth management, trade finance, treasury and investment services. Malaysia is an important market and regional operating location, supporting both local customers and global business functions. Standard Chartered is known for its cross-border network, focus on emerging markets and emphasis on responsible banking, digital transformation and sustainable finance. Employees commonly work in multicultural, multinational teams and may collaborate with colleagues across several time zones. The bank offers career opportunities in technology, operations, risk, compliance, finance, relationship management and product development. Compensation typically combines base salary with performance-related bonuses and benefits, depending on seniority, business area and local employment terms.