Job Description

Description

Primary Objective:

First line of independent review to ensure effectiveness of the investigation techniques in alert closure performed by AML system analysts (TM/CDD/WLM). This includes assessment on adequacy of the analysis performed, clarity of documentation and justification on closure.
Key Responsibilities:

Capabilities/ Activities

• Knowledge/ understanding on AML/CFT typologies, latest trends and red flags as per guided by Bank Negara Malaysia (BNM) and Bank\xe2\x80\x99s Policy and Guidelines.
• Familiar with AML/CFT regulation and banking products (for TM)
• Has sound understanding Politically Exposed Person (PEP) and the needs to identify Closed Associate to PEP (CATP).
• Understanding on type of transactions, monetary instruments and money trail (flow of funds).
• Possess strong attention to detail, research, analytical and investigation skills
• Daily QA review on AML systems alert (TM, CDD, and WLM) with actionable Feedback/Errors
• Update QA TM/WLM/CDD master tracker or daily tracker updated in timely manner.
• Preparation of monthly and quarterly QA statistical report for each AML system module on overall performance
• Maintain high quality standards and minimize decision turnover by the AML Ops team on the quality reviews completed
• Maintain high quality standards and minimize Quality Control (Check-the-Checker by TL) review findings on the quality reviews completed
• Sampling of AML System Alerts (Close and Escalate); Modules CDD, WLM and AML
• Review CDD, WLM and TM alerts on daily basis
• Attend to error dispute/appeal
• Sound knowledge on compliance and regulatory requirements
• Strong problem solving skill to support issue resolution and resourceful
• Adept at solving problems in a logical and fact-driven manner
• Review key processes to improve efficiency and effectiveness
• Open to possible work rotation for purpose of career/ personal development and support team

Requirements

Requirements:
Bachelor Degree - Related field..

- \xe2\x80\xa2 Certificate of Anti-Money Laundering and Counter Financing of Terrorism (Asian Institute of Charted Bankers; AICB)

• At least 1-2 years\xe2\x80\x99 experience in AML/CFT or compliance/ QA specialization in transaction monitoring, name screening and CDD.

• Demonstrate ability to perform detailed analysis of data based on policy and work instructions
• Possess strong attention to detail, research, analytical and investigation skills
• Strong team player; able to work with other leaders
• Operates with focus of creating value for the customer
• Has the skills and expertise to successfully execute his or her role (e.g., technical, business or other)
• Understanding of relative compliance requirements and processes
• Strong problem solving skill to support issue resolution
• Adept at solving problems in a logical and fact-driven manner (e.g., when tackling technical challenges, obstacles, backlog prioritization)
• Highly adaptable and able to respond to change fast
• Resourceful and able to leverage network effectively
• Ability to collaborate and help team members
• Actively listens to others, understands and values others\' views
• Ability communicate opinions, ideas or views clearly

Benefits

Dental, Education support, Miscellaneous allowance, Medical, Loans, Sports (e.g. Gym), Parking, Vision, Regular hours, Mondays - Fridays, Casual Business Wear, Performance Based Rewards

RHB Bank