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Please Note

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

Manager, Product Control

Malaysia Standard Chartered Estimated salary: RM12,000–RM20,000 per month, plus potential annual bonus
Role summary

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

The Manager, Product Control role is responsible for financial control, valuation, P&L reporting and independent verification for trading and financial-market products. Requirements typically include a degree in finance, accounting, economics or a related discipline, relevant experience in product control, financial control, markets operations or investment banking, and strong knowledge of derivatives, securities and accounting principles. Familiarity with risk systems, valuation techniques, reporting tools and control frameworks is valuable. Candidates are expected to investigate P&L movements, manage month-end reporting, strengthen controls, support audits, meet regulatory requirements and work effectively with trading, risk, operations and finance teams. Strong analytical, communication, stakeholder-management and problem-solving 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.

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 corporate, commercial, institutional, retail and wealth-management services, including transaction banking, trade finance, lending, financial markets and investment products. Malaysia is an important regional location, supporting technology, operations, finance, risk and banking activities. Standard Chartered promotes inclusion, international collaboration and responsible banking, while investing in digital platforms and sustainable finance. The Kuala Lumpur operation offers exposure to global stakeholders and financial products, making it relevant for professionals seeking a multinational banking career. Employees commonly work in structured control environments with strong emphasis on regulatory compliance, risk management, data quality and client service.

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