Assistant Manager - Risk Management and Compliance (AMLA)

Location: Menara Southpoint, Mid Valley Kuala Lumpur

Title: Assistant Manager – Risk Management and Compliance (AMLA)

Job Level: Assistant Manager

Qualification: At least 3-5 years of experience in AML compliance and KYC, enterprise risk management and compliance, preferably within the financial/professional services industry.

Job Description: Risk Management and Compliance

Position Overview: The Risk Management and Compliance is responsible for ensuring the organization's compliance with anti-money laundering (AML), anti-bribery and corruption (ABC), and all business-related laws and regulation while integrating environmental, social, and governance (ESG) principles into the compliance framework. This role aims to safeguard the financial integrity and the reputation of the company while promoting ethical and sustainable business practices. The Specialist will collaborate with internal teams, regulators, and external stakeholders to align risk management efforts with broader sustainability goals.

Key Responsibilities:

• Develop, implement, and oversee AML policies and procedures to ensure compliance with local and international regulatory requirements.
• Conduct due diligence, risk assessments, and transaction monitoring to detect potential money laundering activities and suspicious transactions.
• Oversee the filing of Suspicious Activity Reports (SARs) and ensure timely and accurate reporting to regulatory authorities.
• Conduct internal audits and assessments to ensure AML protocols are followed throughout the organization.
• Collaborate with legal and compliance teams to stay updated on AML regulatory changes and ensure ongoing compliance.

• Develop risk management frameworks that address business-related issues and risks, ensuring they are effectively managed and mitigated.
• Provide detailed reports to senior leadership and board members on existing non-compliance issues and potential risks, along with proposed mitigation plans.
• Ensure that all governance structures and policies reflect the organization’s commitment to ESG and financial transparency.

• Coordinate the risk management committee
• Support the integration of ESG considerations into the company’s financial practices and governance structures.
• Collaborate with ESG teams to align business practices with broader corporate ESG goals, ensuring ethical financial and compliance management.
• Identify and mitigate ESG-related issues and risks in the financial and operational aspects of the business, ensuring compliance with relevant ESG regulations and frameworks.
• Advocate for ESG business practices by integrating environmental, social and governance principles into business risk assessments.
• Monitor developments in ESG legislation, sustainability trends, and emerging regulatory frameworks to advise the organization on best practices.

• Design and deliver internal or external training programs for employees based on risk assessment and mitigation plans.
• Promote awareness of ethical financial practices and sustainable governance throughout the organization.
• Ensure all relevant staff are equipped with the knowledge and tools needed to identify, mitigate, and report ABC, AML and business-related risks.
• Monitor and improve the whistleblowing policy and mechanisms to ensure transparency and accountability.

• Serve as the liaison between the company and external stakeholders, including regulatory bodies, ESG rating agencies, and auditors, to ensure transparency and accountability.
• Collaborate with external partners to promote ethical financial practices and sustainability initiatives across the industry.
• Represent the organization in forums related to ABC, AML, financial integrity, and business compliance.

Qualifications:

• Bachelor’s degree in Finance, Law, Business Administration, Sustainability, or related field.
• Certification in AML, such as CAMS (Certified Anti-Money Laundering Specialist) or similar is strongly preferred.
• Strong understanding of ESG principles, sustainability regulations, and corporate governance.
• Minimum of 3-5 years of experience in AML compliance, risk management, or financial governance.
• Knowledge of relevant international ABC and AML frameworks (e.g., FATF, OFAC, FinCEN) and sustainability reporting standards (e.g., GRI, SASB, TCFD).
• Strong analytical skills with the ability to assess risk and propose solutions.
• Excellent communication skills, with the ability to engage with stakeholders at all levels.
• Proven track record of implementing compliance programs and integrating sustainability goals into governance frameworks.