Compliance Officer Malaysia
Salary undisclosed
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Job Description
The principal mission of the candidate is to be responsible for developing, implementing and administering all aspects of the company’s Compliance Management Program in order to comply with Malaysia regulation designated to assist in the detection and prevention of money laundering, terrorist financing and consumer fraud activities and comply with consumer protection expectations as well as any other laws and regulations that pertain to the activities that Ria performs as a money service business.
Responsibilities
JOB RESPONSIBILITIES
The ability to use his/her knowledge or high capacity to understand and apply the various legal systems applicable in the country
Be fluent in English (mandatory)
COMPETENCIES
Culture of Progress: Results driven. Problem-solver.
Flexibility/Adaptability & Managing Change: Ability to effectively work in a fast-paced, energetic team environment.
Analytical thinking: Strong analytical skills.
Stress Resilience (8): Used to work through short deadlines and under pressure, he/she also will have the ability to set up new
activities, tackling issues quickly and efficiently.
Initiative, Innovation & Risk taking/management: An entrepreneurial person used to wear different hats. Ability to use initiative and work with minimal supervision.
Organization and planning: An enthusiastic person who get things done and like to do them well. A Smart, Proactive and Easy-going person who makes things seem easy, although their complexity.
Team work & Conflict Management: Strong team player.
Communication & Influence: Excellent communications skills
EDUCATION
Bachelor’s degree in law, business or a related field
Working Experience
At least 5 years of proven working experience in the financial or legal sector, 1 – 2 of which preferably incompliance in a financial environment
Responsibilities For Internal Candidates
SKILLS AND ABILITIES
The ability to use his/her knowledge or high capacity to understand and apply the various legal systems applicable in the country
Be fluent in English (mandatory)
COMPETENCIES
Culture of Progress: Results driven. Problem-solver.
Flexibility/Adaptability & Managing Change: Ability to effectively work in a fast-paced, energetic team environment.
Analytical thinking: Strong analytical skills.
Stress Resilience (8): Used to work through short deadlines and under pressure, he/she also will have the ability to set up new
activities, tackling issues quickly and efficiently.
Initiative, Innovation & Risk taking/management: An entrepreneurial person used to wear different hats. Ability to use initiative and work with minimal supervision.
Organization and planning: An enthusiastic person who get things done and like to do them well. A Smart, Proactive and Easy-going person who makes things seem easy, although their complexity.
Team work & Conflict Management: Strong team player.
Communication & Influence: Excellent communications skills
EDUCATION
Master’s degree in law, business or a related field
About Us
We’re Ria Money Transfer
A subsidiary of Euronet Worldwide, Inc. (NASDAQ: EEFT), Ria is a leading expert in cross-border payments that delivers innovative financial services including fast, secure, and affordable international money transfers. With the second most extensive cash settlement network and the largest direct bank deposit network in the world, Ria gets money to where it matters. We’re focused on harnessing technology and, as part of Euronet Worldwide, we provide a suite of state-of-the-art fintech products and services that bridge the gap between digital and physical transactions. Our omnichannel products and services, provide unprecedented choice to our customers and growth opportunities for our partners.
With presence in more than 160 countries, and more than 490,000 locations worldwide, we’re committed to helping millions of people send money home to their loved ones around the world, knowing that our customers deserve much more than just a fair price: they deserve empathy, hope, and ultimately respect. Join us in our mission to open ways for a better everyday life.
The principal mission of the candidate is to be responsible for developing, implementing and administering all aspects of the company’s Compliance Management Program in order to comply with Malaysia regulation designated to assist in the detection and prevention of money laundering, terrorist financing and consumer fraud activities and comply with consumer protection expectations as well as any other laws and regulations that pertain to the activities that Ria performs as a money service business.
Responsibilities
JOB RESPONSIBILITIES
- Plan, organize and control the day-to-day administrative and operational compliance activities; collaborate with theSenior Management in the overall administration of these activities for the company.
- Liaise with BNM, the Financial Intelligence Units and other relevant authorities in order to meet the company’s regulatory obligations.
- Advise the Board of Directors, Senior Management and other personnel of emerging compliance issues and consults and guide the company in the establishment of controls to mitigate risks.
- Implement an effective Compliance Risk Assessment Program in order to identify the risks associated within the regulatory
- Due diligence tasks for existing correspondents on boarded, process and ongoing KYC updates.
- Correspondent visitation tasks.
- Transaction Monitoring functions and reporting tasks according to MSBA, AMLCFT (Sector 3) or any other BNM requirements.
- Implement and effective AML training and continuing education programs to all applicable employees and senior management.
- Work with different departments to coordinate all reportorial and other requirements prescribed by BNM through FINS. Prepare approval requests for new products and renew of the business permits on an annual basis
- Data protection tasks in accordance with Malaysia law as well as any other laws and regulations that pertain to the activities that Ria performs as a money service business.
The ability to use his/her knowledge or high capacity to understand and apply the various legal systems applicable in the country
Be fluent in English (mandatory)
COMPETENCIES
Culture of Progress: Results driven. Problem-solver.
Flexibility/Adaptability & Managing Change: Ability to effectively work in a fast-paced, energetic team environment.
Analytical thinking: Strong analytical skills.
Stress Resilience (8): Used to work through short deadlines and under pressure, he/she also will have the ability to set up new
activities, tackling issues quickly and efficiently.
Initiative, Innovation & Risk taking/management: An entrepreneurial person used to wear different hats. Ability to use initiative and work with minimal supervision.
Organization and planning: An enthusiastic person who get things done and like to do them well. A Smart, Proactive and Easy-going person who makes things seem easy, although their complexity.
Team work & Conflict Management: Strong team player.
Communication & Influence: Excellent communications skills
EDUCATION
Bachelor’s degree in law, business or a related field
Working Experience
At least 5 years of proven working experience in the financial or legal sector, 1 – 2 of which preferably incompliance in a financial environment
Responsibilities For Internal Candidates
- Plan, organize and control the day-to-day administrative and operational compliance activities; collaborate with the Senior Management in the overall administration of these activities for the company.
- Liaise with BNM, the Financial Intelligence Units and other relevant authorities in order to meet the company’s regulatory obligations.
- Advise the Board of Directors, Senior Management and other personnel of emerging compliance issues and consults and guide the company in the establishment of controls to mitigate risks.
- Implement an effective Compliance Risk Assessment Program in order to identify the risks associated within the regulatory
- Due diligence tasks for existing correspondents on boarded, process and ongoing KYC updates.
- Correspondent visitation tasks.
- Transaction Monitoring functions and reporting tasks according to MSBA, AMLCFT (Sector 3) or any other BNM requirements.
- Implement and effective AML training and continuing education programs to all applicable employees and senior management.
- Work with different departments to coordinate all reportorial and other requirements prescribed by BNM through FINS. Prepare approval requests for new products and renew of the business permits on an annual basis
- Data protection tasks in accordance with Malaysia law as well as any other laws and regulations that pertain to the activities that Ria performs as a money service business.
SKILLS AND ABILITIES
The ability to use his/her knowledge or high capacity to understand and apply the various legal systems applicable in the country
Be fluent in English (mandatory)
COMPETENCIES
Culture of Progress: Results driven. Problem-solver.
Flexibility/Adaptability & Managing Change: Ability to effectively work in a fast-paced, energetic team environment.
Analytical thinking: Strong analytical skills.
Stress Resilience (8): Used to work through short deadlines and under pressure, he/she also will have the ability to set up new
activities, tackling issues quickly and efficiently.
Initiative, Innovation & Risk taking/management: An entrepreneurial person used to wear different hats. Ability to use initiative and work with minimal supervision.
Organization and planning: An enthusiastic person who get things done and like to do them well. A Smart, Proactive and Easy-going person who makes things seem easy, although their complexity.
Team work & Conflict Management: Strong team player.
Communication & Influence: Excellent communications skills
EDUCATION
Master’s degree in law, business or a related field
About Us
We’re Ria Money Transfer
A subsidiary of Euronet Worldwide, Inc. (NASDAQ: EEFT), Ria is a leading expert in cross-border payments that delivers innovative financial services including fast, secure, and affordable international money transfers. With the second most extensive cash settlement network and the largest direct bank deposit network in the world, Ria gets money to where it matters. We’re focused on harnessing technology and, as part of Euronet Worldwide, we provide a suite of state-of-the-art fintech products and services that bridge the gap between digital and physical transactions. Our omnichannel products and services, provide unprecedented choice to our customers and growth opportunities for our partners.
With presence in more than 160 countries, and more than 490,000 locations worldwide, we’re committed to helping millions of people send money home to their loved ones around the world, knowing that our customers deserve much more than just a fair price: they deserve empathy, hope, and ultimately respect. Join us in our mission to open ways for a better everyday life.
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