Manager, Compliance (Financial Crime Compliance Risk Assessment)

Job Responsibilities

• Develop, review and enhance the AML/CFT policy and procedures in compliance with regulatory requirements, which includes:
o Keeping abreast of new regulatory developments and international best practices relating to AML/CFT and validate to ensure necessary requirements are included in the relevant policies, standards and procedures.
o Keeping abreast of sanctions developments imposed by multiple regimes to ensure necessary requirements are included in the relevant policies, standards and procedures

• Performing regular assessments to detect key exposures of AML/CFT risks in the areas of customers, business units and branches, which includes:
o Developing and maintaining the customer risk profiling methodology and ensuring it remains relevant in assessing the AML/CFT risks of the customer
o Conducting risk assessment to identify AML/CFT risks for the Bank, including overseas offices by conducting branch risk assessments and Enterprise-Wide Risk Assessments

• Liaison for Bank Negara Malaysia (BNM) thematic reviews or audits and in-charge of co-ordination of AML/CFT regulatory reporting to BNM, which includes:
o Being the key contact person for BNM thematic reviews or audits.
o Co-ordination and review of relevant responses and documents submitted to BNM
o Presentation to BNM on the Bank’s AML/CFT policy and procedures
o Co-ordination of the AML/CFT regulatory reporting to BNM

Job Requirement

• At least 4 years and above work experience in a banking and financial institution with specialization in Financial Crime Compliance.
• Background in consulting is an added advantage.
• Possess knowledge of legislative aspects/regulatory requirements of banking.
• Demonstrated ability to effectively communicate, both orally and in writing, through all levels of the organization.
• PC literate with knowledge in Microsoft Office Appliances.
• Strong analytical skills, sound judgment and decision-making abilities.