Job Description

Job Responsibilities 1. Support Head of AML/CFT Surveillance Unit

• Assist Head of AML/CFT Surveillance to effectively manage AML/CFT Surveillance Unit to ensure the bank meets its regulatory responsibilities on anti-money laundering as set out by Bank Negara Malaysia (BNM)\xe2\x80\x99s regulations and any other relevant international bodies (i.e. Financial Action Task Force).
• Participate and involve in any ad-hoc projects / Compliance related matters

• Assist Head of AML/CFT Surveillance unit to establish procedures on applicable to AML/CFT surveillance processes e.g. transaction monitoring, suspicious transaction reporting, cash threshold reporting, law enforcement agency (LEA) orders etc.

• Assist Head of AML/CFT Surveillance unit on the daily transaction monitoring for detection of suspicious transaction.
• Review (as Checker) the transaction monitoring alert investigated and closed by Analysts (as Maker).
• Review the transaction monitoring alert escalated as suspicious transaction by Analysts, for further escalation to Head of AML/CFT Surveillance unit.
• Monitor the daily productivity to ensure the overall alert aging does not exceed the SLA of 30 days.

• Review the daily cash threshold reports prepared by Analyst.

• Act on orders received from LEAs to ensure the orders are well coordinated and responded in a timely manner. This include management of IFS / Mule listing received from PayNet or instruction received from National Anti-Financial Crime Centre (NFCC).
• Liaise with LEA or regulator related to the order and request.
• Ensure the information / document requested are provided within the stipulated time.

• Assist Head of AML/CFT Surveillance unit to collate AML/CFT related matters particularly statistical results on alerts review, STR and CTR submissions, LEA orders for submission to Senior Management, Board committee, Board of Directors and BNM.

• Bachelor\xe2\x80\x99s degree in Management, Accounting, Finance, Banking or any other related discipline from recognized university.
• Professional qualification preferably Certification in AML/CFT or any other related discipline from recognized body.
• Minimum 5 years of experience in compliance-AML / internal control / audit / operation Risk management functions of an established financial service institution.
• At least 4 years\xe2\x80\x99 experience in transaction monitoring
• Sound knowledge of Compliance and Internal controls in financial services institution.
• Familiar with the regulations / guidelines from Bank Negara