Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Associate Director Business Risk Assessment & Advisory
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Associate Director, Business Risk Assessment & Advisory is expected to provide risk guidance to business teams, assess operational and regulatory risks, and support effective controls across Standard Chartered. Requirements typically include a bachelor’s degree in finance, business, risk management, law, or a related discipline, with substantial experience in operational risk, compliance, audit, controls, or financial services. The candidate should understand risk frameworks, governance, regulatory expectations, and control testing. Strong analytical, communication, stakeholder-management, and report-writing skills are essential. The role requires sound judgement, independence, attention to detail, and the ability to challenge business decisions constructively while providing practical, commercially aware recommendations.
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, investment banking, and treasury services to individuals, businesses, institutions, and governments. Standard Chartered has operated in Malaysia for many decades and maintains important operations in Kuala Lumpur, including banking, technology, shared services, risk, compliance, and support functions. The organisation promotes responsible finance, international connectivity, inclusion, and sustainable economic development. Its employees work in a regulated, multicultural environment and collaborate across markets. Benefits and working arrangements vary by role, but senior positions commonly include performance incentives, medical coverage, retirement contributions, and professional development opportunities.