Full Time Legal - Compliance Executive (Licensed Moneylending) Jobs, in SpaceCrew Finance Company: MyCredit UA | OnCredit LK | ClickCredit UA | Monto UA Federal Territory - Maukerja

We are looking for a hands-on Legal & Compliance Executive / Senior Executive to support our licensed digital moneylending business in Malaysia.

This role is focused on the practical application of Malaysian moneylending regulations to our daily business operations. You will review contracts, assess internal processes and customer journeys, identify compliance gaps, and work closely with internal teams and external legal advisors to ensure our business operates in accordance with applicable regulatory requirements.

We are looking for someone with direct experience in the Malaysian licensed moneylending industry, particularly in applying the Moneylenders Act 1951 (Act 400) and KPKT requirements in practice.

Key Responsibilities:

• Review loan agreements, customer notices, contractual terms, and other legal documents to ensure compliance with applicable regulations.
• Assess business processes and customer journeys to identify potential legal and compliance risks.
• Review operational procedures and identify gaps in compliance with the Moneylenders Act 1951 (Act 400), KPKT requirements, and other applicable regulations.
• Recommend practical improvements to contracts, internal procedures, and business processes.
• Develop, review, and update internal policies, guidelines, and compliance procedures.
• Work closely with operational, product, and other internal teams to ensure regulatory requirements are properly implemented in daily activities.
• Monitor relevant regulatory and legislative changes and assess their impact on business operations.
• Handle customer complaints and legal queries, coordinating with external legal counsel where specialist advice or representation is required.
• Support regulatory correspondence and liaise with relevant authorities when necessary.

Requirements:

• A Bachelor's degree in Law or a related legal qualification.
• Practical experience working in a Malaysian licensed moneylending company is essential.
• Good working knowledge of the Moneylenders Act 1951 (Act 400) and KPKT regulatory requirements, with the ability to apply them to actual business operations.
• Experience reviewing loan agreements, customer-facing documents, and internal procedures.
• Understanding of compliance requirements across the lending process, from customer onboarding and loan disbursement to repayment and debt collection.
• Ability to assess operational processes, identify compliance gaps, and recommend practical solutions.
• Good communication and coordination skills, including the ability to work with internal stakeholders and external legal advisors.
• Professional working proficiency in English and Bahasa Malaysia.

An advantage:

• Experience in digital lending, online moneylending, or fintech.
• Familiarity with the Consumer Credit Act 2025, personal data protection requirements (PDPA), and AML/CFT regulations.
• Experience reviewing customer journey flows and operational processes in a regulated lending environment.