Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Vice President, Regulatory Technology Control Testing (Malaysia India)
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Vice President will lead regulatory technology control testing across Malaysia and India, assessing whether technology, data, and regulatory controls are properly designed and operating effectively. Candidates should have substantial experience in technology risk, compliance testing, internal controls, audit, or regulatory change, preferably within banking or financial services. Strong knowledge of control frameworks, risk assessment, issue management, testing methodologies, and relevant regulations is expected. The role requires the ability to interpret complex requirements, challenge stakeholders constructively, document findings clearly, and track remediation. Excellent communication, analytical, project-management, and leadership skills are essential, together with the confidence to work across regional teams and senior management.
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 provides retail, private, commercial, and corporate banking, wealth management, and financial-market services to individuals, businesses, institutions, and governments. Malaysia is an important market and regional operating location, supporting technology, operations, risk, compliance, and client-facing activities. Standard Chartered promotes responsible banking, financial inclusion, digital transformation, and sustainable finance. Its workforce is highly multicultural, and many roles involve collaboration across countries and time zones. Employees typically work in a regulated, performance-focused environment where governance, risk management, data protection, and customer trust are central. Benefits and compensation vary by role, experience, and employment terms, but senior positions commonly include performance bonuses, medical coverage, retirement contributions, and professional-development opportunities.