Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Director, Credit Risk and ESGR Assurance (MalaysiaBangalorePoland)
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Director, Credit Risk and ESGR Assurance role is responsible for independently assessing credit-risk governance, controls, policies, and environmental, social and governance risk processes across Malaysia, Bangalore, and Poland. Requirements typically include substantial experience in credit risk, risk assurance, internal controls, audit, or banking; strong knowledge of regulatory expectations and risk frameworks; and the ability to interpret complex portfolios and identify control weaknesses. The successful candidate is expected to provide credible challenge, lead assurance reviews, communicate findings to senior stakeholders, oversee remediation, and influence risk management improvements across multiple jurisdictions. Strong analytical, report-writing, leadership, stakeholder-management, and international collaboration skills are essential.
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 corporate, commercial, institutional, retail, and private banking services, including lending, transaction banking, wealth management, markets, and digital financial solutions. Its strategy focuses on supporting cross-border business, international clients, and growing markets while maintaining robust standards in risk management, compliance, sustainability, and responsible finance. Malaysia is an important regional location for the group, with operations covering banking, technology, shared services, risk, and specialist control functions. Employees typically work in a multicultural environment and may collaborate with teams across several global hubs. The organisation generally offers structured career development, professional training, flexible benefits, and opportunities to work on large-scale transformation and governance programmes.