Sin Yhee Ooi
Compliance Monitoring And Governance Manager
Taman Putra Prima, Jalan Putra Prima Utama, Puchong,Selangor
Summary
Dynamic compliance and governance professional with extensive experience at CIMB Bank Berhad, adept at risk assessment and enhancing compliance frameworks. Recognized for effective team collaboration and exceptional analytical skills, I excel in delivering high-quality assurance activities that drive organizational success and regulatory adherence. Committed to continuous learning and thriving in competitive environments. Results-driven governance professional with extensive background in managing compliance frameworks and risk management strategies. Proven ability to lead teams and drive impactful governance initiatives. Known for fostering collaborative environments and adapting to evolving organizational needs. Governance professional skilled in enhancing organizational frameworks and ensuring compliance with regulatory standards. Proven ability to drive impactful results through strategic planning and effective policy implementation. Strong focus on team collaboration, adaptability, and delivering high-quality outcomes. Expert in risk management, stakeholder communication, and continuous improvement methodologies.
Overview
18
18
years of professional experience
13
13
years of post-secondary education
3
3
Languages
Work History
Senior Assistant
Horwath
Kuala Lumpur, Kuala Lumpur
02.2007 - 07.2009
- Perform analytical review on financial information
- Monitor and maintain the recording as evidence against the audit requirements
- Prepare formal audit report to express opinion on the truth and fairness of the financial statements
- Involved in auditing listed companies of Main Board and Mesdaq counter involving diversified industries
- Audit fees billing and collection.
Compliance Monitoring and Governance Manager
Cimb Bank Berhad
04.2024 - Current
- Support strategic planning efforts by providing insights into relevant risks, opportunities, and compliance requirements.
- Monitor emerging trends in corporate governance, adapting strategies as needed to maintain a competitive edge.
- Support the design and execution of assurance activities, ensuring that all relevant standards, policies and procedures are met
- Contribute to Assurance activities, supporting the identification of appropriate review scope and delivery of assurance activities
- Maintain and enhance the compliance monitoring framework
- Collaborate with regional compliance teams to improve the quality of the review scoping and review report
- Conduct risk assessments for Malaysia businesses and regional countries, identify the necessary controls to ensure compliance with regulatory guidelines, and develop initiatives and a work plan based on the results of the risk assessment
- Provide training to the compliance monitoring team and regional countries on compliance risk assessment and compliance review methodologies
- Review work performed by staff, provide feedback
- Track and ensure the compliance workplan are completed timely
- Prepare and submit monthly governance reporting to various board/senior management committee meeting
Compliance Monitoring Officer
CIMB Bank Berhad
08.2018 - 04.2024
- Lead compliance review assignments and responsible for the execution throughout the review cycle including planning, fieldwork, documentation and review, issues and report writing
- Ensure team's deliverables are completed accurately, consistently and to a high standard of execellence
- Performs risk assessment on MY business and regional countries
- Evaluate the adequacy and effectiveness of risk management processes, regulatory compliance and governance processes and make appropriate recommendation to improve efficiency and effectiveness
- Develop /apply data analytics for review assignments
- Perform quarterly validations of self-testing by first line of defence
- Develop script and perform quarterly data monitoring to detect the potential red flags or suspicious customers
- Prepare and present review findings and recommendations to management and ensure appropriate actions are committed by management within reasonable timeline for rectification/resolution report
Financial Crime Risk Assurance Manager
HSBC Bank (M) Berhad
05.2014 - 08.2018
- Provide ongoing periodic monitoring and comprehensive testing on Anti Money Laundering and Counter Financing of Terrorism (AML/CFT), Sanctions and Anti-Bribery & Corruption under the Financial Crime Risk Function
- Perform independent review and monitor activities across various business lines including Global Banking & Markets, Commercial Banking, and Retail Banking and Wealth Management to obtain reasonable assurance that the businesses are operating in line with relevant laws, regulations, codes and HSBC Group Standards
- Conduct post review discussions and track implementation of management action plans
- Perform affiliate risk reviews at the request of HSBC Bank USA;
- Assist Head of Financial Crime Risk Assurance in preparing Annual Monitoring and Testing Plan
- Provide training and support to team members on risk assessments, planning and conducting reviews
- Promote and assist in facilitating a strong risk management and risk awareness culture amongst internal stakeholders
Assistant Vice President, Internal Auditor
UOB (M) Berhad
04.2011 - 04.2014
- Design, plan and execute audit assignments that are consistent with the nature and scope of the business, its risks and the materiality of those risks
- Conduct risk-based operational audits specifically on UOB branches
- Perform other related duties as assigned, including investigations and thematic AMLA reviews
- Provide internal control assurance by reviewing identified areas of weakness, assess the significance in relation to the possible impact on the company’s position and recommend corrective actions
- Assist the team lead in preparing the audit reports
- Evaluate the adequacy of subsequent action plans and monitor its implementation.
Senior Executive, Internal Auditor
AmBank Group
07.2009 - 03.2011
- Conduct risk based operational, financial and compliance audit
- Provide internal control assurance by reviewing the adequacy and effectiveness of internal controls to
manage critical business and operational risks - Identify areas of weakness, assess the significance in relation to the possible impact on the company’s
position and recommend corrective actions - Involved in auditing Sales and Service Branches, Auto Finance Business Centres, and Private Banking
Operations
Senior Assistant
Horwath
02.2007 - 06.2009
- Fully responsible in auditing the financial statements of the organizations
- Perform analytical review on financial information
- Monitor and maintain the recording as evidence against the audit requirements
- Prepare formal audit report to express opinion on the truth and fairness of the financial statements
- Involved in auditing listed companies of Main Board and Mesdaq counter involving diversified industries
- Audit fees billing and collection
Education
Certification in Regulatory Compliance
Asian Institute of Chartered Bankers
Kuala Lumpur 01.2019 - 02.2020
Advanced Certification in AMLCFT
Asian Institute of Chartered Bankers
Kuala Lumpur 01.2015 - 06.2016
Certificate in Internal Auditing For FIs (CIAFIN)
Asian Institute of Chartered Bankers
Kuala Lumpur 06.2013 - 01.2014
Association of Chartered Certified Accountants
Tunku Abdul Rahman College
05.2005 - 11.2014
Skills
- Able to complete tasks within a stipulated time frame
- Willing to learn and take up new challenges
- Time management skills
- Effective team player
- Effective task prioritization
- Verbal and written communication
- Possess excellent interpersonal, analytical and organizational skills
- Adaptable and thrive in competitive environments
Timeline
Compliance Monitoring and Governance Manager
Cimb Bank Berhad
04.2024 - Current
Certification in Regulatory Compliance
Asian Institute of Chartered Bankers
01.2019 - 02.2020
Compliance Monitoring Officer
CIMB Bank Berhad
08.2018 - 04.2024
Advanced Certification in AMLCFT
Asian Institute of Chartered Bankers
01.2015 - 06.2016
Financial Crime Risk Assurance Manager
HSBC Bank (M) Berhad
05.2014 - 08.2018
Certificate in Internal Auditing For FIs (CIAFIN)
Asian Institute of Chartered Bankers
06.2013 - 01.2014
Assistant Vice President, Internal Auditor
UOB (M) Berhad
04.2011 - 04.2014
Senior Executive, Internal Auditor
AmBank Group
07.2009 - 03.2011
Senior Assistant
Horwath
02.2007 - 07.2009
Senior Assistant
Horwath
02.2007 - 06.2009
Association of Chartered Certified Accountants
Tunku Abdul Rahman College
05.2005 - 11.2014
Similar Profiles
Rukayat OlaniyiRukayat Olaniyi
Audit Trainee at Crowe Horwath(Dafinone)Audit Trainee at Crowe Horwath(Dafinone)
Abhishek SainiAbhishek Saini
Senior Software Engineer at Crowe HorwathSenior Software Engineer at Crowe Horwath
Sarvesh SharmaSarvesh Sharma
Process Optimization and Robotics Consultant at Crowe HorwathProcess Optimization and Robotics Consultant at Crowe Horwath