Hiring activity in Malaysia was mainly centred on filling replacement positions across the financial services and commerce sectors in 2016.
However, the introduction of new regulations led to a spike in demand for compliance professionals, particularly for anti-money-laundering/counter-financing terrorism (AML/CFT) functions in 2016, and we expect this demand to continue in 2017.
This was among the key findings of our latest Salary Survey 2017.
The report added that with the growing importance of AML/CFT functions in safeguarding financial institutions, candidates with specialist skills in transaction monitoring, subject matter expert advisory, policy development and training, will continue to be in high demand.
Following a relatively quiet year for recruitment in 2016, the job market for licensed company secretaries and AML/CFT compliance talent will improve in 2017. We also anticipate increasing interest from overseas Malaysian professionals with experience in legal and compliance, returning home to find a new role.
About the Global Salary Survey
Now in its eighteenth edition, the annual Global Salary Survey is the most comprehensive review of professional salaries and recruitment trends around the world.
The comprehensive book, covering 27 countries, is free and covers the UK and Ireland, Continental Europe, the Middle East, Africa, Asia, Australia and New Zealand as well as North and South America.The Global Salary Survey is based on the analysis of permanent, interim and contract placements made across each of our geographies and recruitment disciplines during 2016.
To know more about hiring trends within legal & compliance and other industries, click here to request a copy of the 2017 Global Salary Survey.