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Jobs in Malaysia   »   Jobs in Kuala Lumpur   »   Finance / Banking / Insurance jobs   »   Manager, Compliance (AML/CFT and Financial Crime Compliance)

Manager, Compliance (AML/CFT and Financial Crime Compliance)

Kuala Lumpur, Federal Territory of Kuala Lumpur, MY
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Job Responsibilities:

  • Responsible for managing and implementation of the organization overall regulatory compliance governance and framework, including AML/CFT and Sanction compliance program.
  • Conducts compliance risk assessment of the organization, including reports on ML/TF inherent risks and AML/CFT mitigating controls, on-going compliance status and on any findings of infringements and its recommended actions.
    This includes institutional ML/TF (IRA), products and business risk assessment and
    review of all business units’ policies, procedures and process to ensure compliance
    towards the regulatory requirement.
  • Ensure effective implementation of AML/CFT policy and procedures requirements by all business units across the organization, including robust CDD/ECDD process and periodic review process, proper risk profiling of customers/KYC with appropriate ML/TF risk, screening requirements, enhancement of AML/CFT
    controls and monitoring. This includes analyze and conduct of internal due diligencecompliance reviews/KYC on higher AML risk cases escalated by business units to Compliance.
  • Continuously review the compliance and regulatory risk by conducting thematic/periodic compliance monitoring reviews, produce review reports
    findings of corrective measures up to closure of actions, in compliance with AML/CFT laws regulations and policies.
  • Responsible for AML/CFT transaction monitoring (TM) activities, reviews of TM alerts and conducts STR related investigations and investigation of potentially suspicious transactions and/or high risk customers, including fraud investigations and law enforcement agencies related investigations. The role includes
    establish relevant internal criteria and red flags to detect suspicious transactions,
    maintenance of negative listing, ensuring effective day to day AML operations handling and maintenance of AML systems and monitoring tools.
  • Acts as Money Laundering Reporting Officer to submit Suspicious Transaction Report (STR) to Bank Negara Malaysia (BNM). Advises the management on confirmed unusual and/suspicious transactions with escalation of AML
    concerns. Liaise with BNM, relevant regulatory and agency to ensure compliance with laws and regulations and handling of audit reviews (internal & external) engagements.
  • Continuously review, update and implement the Group compliance policies, manuals, procedures, systems and control mechanisms in
    complying with applicable laws and regulations, including AML/CFT regulations, and best practice.
  • Ensures proper records keeping and periodic reporting to the Board and Risk Management Committee (BRC) of non-compliance incidents/issues, including AML/CFT reporting, through submission of Compliance Reports to BRC.
  • Provides regulatory advisory to all compliance related enquiries
    from business units, including AML/CFT and Sanction matters. Supervise Designated Compliance Officer at the various departments on AML/CFT and Sanction matters.
  • Conducts regulatory compliance training, including AML/CFT awareness training and program.

Requirements:

  • Bachelor’s/University Degree from recognized university or equivalent experience on
    compliance related disciplines. Preferably with AML/CFT professional certification.
  • Minimum 8 years and above of relevant post-qualification experience within the
    financial services industry, with at least 5 years of managerial experience.
  • Experience in a compliance function is a must, preferably gained from banking or
    financial credit services industry.
  • Possess good understanding, knowledge and applications of compliance risk
    management, best practice and methodologies.
  • Extensive regulatory knowledge (AML/CFT, KYC, Suspicious Transaction etc.).
  • Experience in background check such as AML/CFT screening, KYC/CDD/ECDD.
  • Experience in performing AML/CFT Transaction Monitoring and review of transaction alerts, report generation, solution case management through AML system and tools.
  • Experience in performing regulatory compliance risk assessment.
    Ability to multi-task, identify problems and issues and apply problem solving skills to provide solutions.
  • Ability to work independently, lead and coach subordinates, as well as good team
    player.
  • Ability to prioritize work and meet deadlines. Ordered, organized and able to determinepriorities for self and subordinates.
  • Positive attitude and good interpersonal skills.

Perks & Benefits

  • Nearby public transport
  • Central location
  • Casual dress code
  • Medical insurance
  • Personal leave
  • Personal development opportunities

Job Location
No. 8, Level 18, UOA Corporate Tower, Avenue 10, The Vertical Bangsar South City, Jalan Kerinchi, 59200 Kuala Lumpur
Click to view the location on Google maps

Company Overview

Overview
AEON Credit Service is a leading consumer financing provider with business operations in Japan, Malaysia, Hong Kong, Thailand, Taiwan and China. The Company has established a strong presence in Malaysia since 1996 to provide easy payment schemes for purchase of consumer goods and a personal financing scheme based on Syariah principles.

Our business philosophy is based on "Customer Satisfaction" and we strive to make a positive contribution to our customer's lifestyles. AEON Credit has more than 10 branches in East and West Malaysia. In line with our rapid business expansion, we are extending our service network to new locations to better serve our customers.

Why Join AEON Credit?

At AEON Credit, we believe in "Customers First". To commit to this, we focus on enhancing our customer's convenience and continually provide them with value-added financial services to help them meet their lifestyle needs.

AEON Credit is an exciting and dynamic place to work. As a fast-growing consumer financing company, we are always looking to recruit exceptional individuals who strive for excellence. We seek visionary individuals that take initiative and are innovative, results-oriented and independent.

Join us in our mission to benefit our customers by providing them with the very best set of consumer financial services to better serve our customers' needs and to continue our contribution to the community.

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Company Summary
AEON Credit Service (M) Berhad
https://www.aeoncredit.com.my
1001+ employees
Banking / Financial Services
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