Job Description

About TerraPayGlobal money movement, simplified!

• Powering global payments across 7.5 billion bank accounts, 6 billion cards, and 2.1 billion wallets

• 121 banking partnerships, 210+ send countries, 140+ receive countries.

TerraPay is the pulse of global payments innovation. We\'re the bridge that connects people and businesses worldwide, empowering them to effortlessly send, receive, and manage money across borders.We have repositioned ourselves as a global money movement player that helps businesses manage their global payments for local payout needs through our extensive network.Regulated across over 30 diverse markets, TerraPay stands out as the sole payment provider with such a broad reach. We harmonize the complexities of global money movement, orchestrating seamless transactions that transcend borders and cultures. We are driven by a commitment to inclusion and fuelled by innovative technology, we\'re reshaping the financial landscape, ensuring that international transactions are secure, swift, and hassle-free. Join us in simplifying global money movement with TerraPay.Job missionThe Compliance Officer and MLRO of TerraPay Malaysia will be expected to possess relevant knowledge on the requirements under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA)Responsibilities:\xc2\xb7 Overseeing the organization\'s anti-money laundering systems.\xc2\xb7 Drafting and updating all relevant compliance policies and procedures\xc2\xb7 To manage the compliance framework of the company, whilst taking reasonable steps to apply the AML/CFT as well as other relevant compliance policies and procedures to the relevant functions of the company to fulfil regulatory requirements.\xc2\xb7 Provide advisory and support as well as act as a liaison to the board, senior management and other relevant units on compliance matters.\xc2\xb7 Keep abreast of the regulatory development and communicate any relevant update, information and notice to the relevant teams on a timely manner.\xc2\xb7 Monitor, track and prepare regulatory reports for submission to the regulator. (Bank Negara Malaysia)\xc2\xb7 Monitor, track and prepare relevant compliance reports to the board\xc2\xb7 Serving as a focal point for inquiries from regulatory and relevant law enforcement agencies.\xc2\xb7 Lodging the Suspicious Transaction Reporting to the FIU, whilst assisting the relevant authorities if required.\xc2\xb7 Work with independent auditors to remedy any issues which arise with AML/CFT and the compliance framework.Qualifications\xc2\xb7 A Bachelor\xe2\x80\x99s Degree or Professional Qualification in a relevant discipline (Accounting/ Finance/ Business/ Economics/ Financial Engineering).\xc2\xb7 Should be fluent with Bahasa Melayu and English language.\xc2\xb7 CAMs certification or any relevant compliance related certification is welcomed.\xc2\xb7 Possess at least 5 years of relevant working experience in Money Services Business/ payments company/ remittance company.\xc2\xb7 Strong analytical, communication, and organisational skills.\xc2\xb7 Possess relevant knowledge on requirements under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA) and AML/CFT.\xc2\xb7 Able to apply the AML/CFT requirements and effectively implement appropriate AML/CFT policies and procedures for the licensee\xe2\x80\x99s money services business operations, particularly in respect to customer due diligence measures, suspicious transaction reporting as well as risk- based assessment and management of money laundering and terrorism financing (ML/TF) risk.\xc2\xb7 Have current knowledge on developments in ML/TF techniques and typologies associated with the money services business industry as well as the AML/CFT measures undertaken by the industry.Benefits:\xc2\xb7 A competitive compensation package, including performance bonuses.\xc2\xb7 Join a global team with members from 45+ different nationalities spread across 5 continents.Why TerraPay?Joining TerraPay means becoming a part of a progressive team that\'s shaping the future of payments. We offer a collaborative environment that values diversity, fosters growth, and encourages innovation. As an Associate Business Operations Manager, you\'ll play a pivotal role in enabling seamless financial interactions worldwide.Elevate your career and be a catalyst for global financial transformation with TerraPay. We\'re looking forward to welcoming you aboard!Follow us on social media: | |

TerraPay