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Compliance Executive

  • Full Time, onsite
  • Labuan Reinsurance (L) Ltd - Official Page
  • Kawasan Sekitar Kuala Lumpur, Malaysia
Salary undisclosed

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Job Description

Anti-Money Laundering, Counter Financing Terrorism (AMLCFT & TFS)

  • To assist the designated Anti-Money Laundering Compliance Officer to implement the procedures and internal controls in order to comply with the Anti-Money Laundering and Anti-Financing of Terrorism Act 2001
  • To key in names required to do KYC/AML checks and save a copy of result for evaluation
  • To conducts CDD and ongoing CDD for new and existing customers, agents and third parties
  • To collaborate with staff to ensure effective implementation of AML policies and procedures
  • To conduct investigation on suspicious transactions, prepare and submit Suspicious Transaction Reports (STRs) to Labuan FSA and Bank Negara Malaysia
  • To prepare and submit regulatory reporting on AML related matters to Labuan FSA and Bank Negara Malaysia

Compliance

  • To circulate and share newly issued guidelines, Act and circulars from regulatory authorities to staff
  • To assist in preparation of compliance reports to Management Committee, Risk Committee, Board of Directors and Labuan Financial Services Authority

Training

  • To assist in preparation for training and awareness sessions for staff on AML policies and Compliance procedures.

Other

  • Participate and attend to any ad-hoc tasks assigned by Head of Department

What We Offer:

  • Health benefits (medical, dental, optical, maternity)
  • Staff insurance (personal accident, group term life)
  • Professional development and training opportunities
  • Housing and motorcar loan interest subsidy
  • Flexi working arrangements

Job Description

Anti-Money Laundering, Counter Financing Terrorism (AMLCFT & TFS)

  • To assist the designated Anti-Money Laundering Compliance Officer to implement the procedures and internal controls in order to comply with the Anti-Money Laundering and Anti-Financing of Terrorism Act 2001
  • To key in names required to do KYC/AML checks and save a copy of result for evaluation
  • To conducts CDD and ongoing CDD for new and existing customers, agents and third parties
  • To collaborate with staff to ensure effective implementation of AML policies and procedures
  • To conduct investigation on suspicious transactions, prepare and submit Suspicious Transaction Reports (STRs) to Labuan FSA and Bank Negara Malaysia
  • To prepare and submit regulatory reporting on AML related matters to Labuan FSA and Bank Negara Malaysia

Compliance

  • To circulate and share newly issued guidelines, Act and circulars from regulatory authorities to staff
  • To assist in preparation of compliance reports to Management Committee, Risk Committee, Board of Directors and Labuan Financial Services Authority

Training

  • To assist in preparation for training and awareness sessions for staff on AML policies and Compliance procedures.

Other

  • Participate and attend to any ad-hoc tasks assigned by Head of Department

What We Offer:

  • Health benefits (medical, dental, optical, maternity)
  • Staff insurance (personal accident, group term life)
  • Professional development and training opportunities
  • Housing and motorcar loan interest subsidy
  • Flexi working arrangements