Job Description

Each one of us brings something different to Vistra, working as one team to deliver the right solution.That\'s why our clients choose to work with us - the power of our combined skills makes us unstoppable.Vistra offers a unique platform for our clients and our people to seize the world of opportunities.At the heart of everything we do are our core values:Committing to clients, Working as ONE Vistra, Empowering people and Doing the Right thing.

Why Vistra

At Vistra, we believe our clients\' businesses and people can make a difference in the world. That\'s why our work is focused on helping our clients act with confidence and speed to seize opportunity wherever it arises. As a global corporate service provider and fund administrator with more than 5,000 professionals in over 45 jurisdictions, we empower legal entities globally to work smarter, grow faster, act responsibly, protect capital and scale across borders - by doing what we do best: reducing risk and enhancing efficiency.

We support our clients over six sectors: Private Equity, Real Estate, Capital Markets, Corporate, Company Formation and Private Wealth and deliver value across three service lines:

\xc2\xb7 Governance, Risk and Compliance

\xc2\xb7 Advisory and Transaction Support

\xc2\xb7 Finance, Accounting and Administration

We grow when you grow, and we succeed when we work together across boundaries and borders, as one team. So, our promise to our clients is the same to you: working together, we will give you the confidence, the tools and the support to achieve your ambitions and leverage your unique skills - to seize your opportunity and help make a difference in the world.

You can also check out our LinkedIn Life page and our About us page to get a sense of Vistra\'s culture and our values.

So, what do you think? If you are excited about working with us and think you can get the job done but not quite sure if you meet all the requirements 100%, we want to encourage you to give it a try OR have an informal chat with one of our Talent Acquisition representatives.

Our opportunity for you:

We have an exciting opportunity for experience professional to join our Compliance team

Key Responsibilities:

• Act as the registered Compliance Officer with Bank Negara Malaysia (\xe2\x80\x9cBNM\xe2\x80\x9d) pursuant to paragraph 11.5.3 of the Anti-Money Laundering, Countering Financing of Terrorism and Targeted Financial Sanctions for Designated Non-Financial Businesses and Professions (\xe2\x80\x9cDNFBPs\xe2\x80\x9d)
• Assist in carrying out the compliance function of the corporate services business in Malaysia
• Maintain constructive and effective relationships with the businesses and assist Head of Compliance to interface with and support key business stakeholders
• Provide robust challenge to relevant business stakeholders where activities are outside regulatory/Group risk tolerance, escalating as necessary, until appropriate oversight and ownership is achieved, including action and plans to address any remedial action needed to come back within regulatory/Group risk tolerance
• Support the management of the regulatory relationship with the relevant regulator (i.e. BNM)
• Implement and administer anti-money laundering and countering financing of terrorism (AML/CFT) policies and procedures to ensure compliance with BNM\'s AML/CFT requirements, AML Act, subsidiary legislation and relevant instruments
• Conduct regular assessment of the AML/CFT mechanism such that it is effective and sufficient to address any change in ML/TF trends
• Identification of ML/TF risks associated with new products or services or risk arising from the business\' operational changes, including the introduction of new technology and processes
• Conduct Client Due Diligence for on-boarding of new clients, including screening client through World Check and other on-line search facilities, and verification of client KYC documents
• Perform client risk profiling to assign risk rating to structures and undertake periodic review of files based on clients\' risk rating
• Work with the business in the completion of the Annual Data Compliance Report submission to BNM before the stipulated deadline
• Conduct regular Institutional Risk Assessment
• Manage and address compliance escalations from the business
• Engage with stakeholders with regards to compliance matters
• Participate in Board meetings and business/risk committee meetings
• Facilitate internal and external audits
• Assist with compilation of data and preparation of reports for submission to Group Compliance
• Assist with regulators\' queries and requests for information
• Carry out compliance monitoring program to ensure that the business is conducted in accordance with Group and local policies and procedures
• Maintain risk registers (e.g. PEP, Other High Risk Clients, etc.), and review transactions of clients of various risk ratings
• Prepare, investigate, file and monitor STRs
• Deliver and track AML/CFT training to all staff
• Develop and recommend for approval by the relevant risk committee, appropriate compliance policies and procedures
• Keep Management up-to-date on new regulatory developments
• Promote the culture and practice of adherence to compliance standards (including conducting business within regulatory and Group requirements)
• Manage issues independently from end-to-end, updating Head of Compliance periodically
• Provide compliance support and guidance to the business, including issues on PDPA, Outsourcing arrangements and Business Contingency Plans
• Support the Compliance function of the corporate services business in Singapore when required
• Ad hoc duties / projects as assigned by Compliance senior management

Attributes/Technical Skills:

• Self-motivated and meticulous attention to details
• Team player with high degree of professional integrity, and a can-do attitude
• Knowledge and expertise to effectively discharge the roles and responsibilities, including keeping abreast with latest developments in ML/TF techniques and the AML/CFT measures undertaken by the industry
• Fit and Proper as required under Paragraph 11.5.4 and 11.5.5 of the Anti-Money Laundering, Countering Financing of Terrorism and Targeted Financial Sanctions for DNFBPs:
• Probity, personal integrity and reputation;
• Competency and capability; and
• Financial integrity

Relevant Experience:

• At least 8 years\' relevant work experience within the financial services industry
• Experience in a Reporting Institution carrying out Gazetted Activities (as defined by BNM) would be an advantage
• Good written and oral communication skills in English

Education/Memberships:

• Recognized University Degree
• Relevant AML/CFT certification or professional qualifications

Computer Skills:

• Proficient user of Microsoft Packages including Power point, Excel and Word

Join US!

Our promise to our clients is simple: we help them seize opportunity and make a difference in the world. It\'s the same to you.

Make a difference - seize your world of opportunity with Vistra!

LET\'S GROW TOGETHER.

Bring Your Whole Self to Work

We\'re passionate about Diversity and Inclusion at Vistra.We believe that everyone is equal and unique, and by embracing diversity it makes us better company.This creates an environment where anyone, from any background, can do their best work; Vistra is for the ambitious, the entrepreneurial, the bold.

Location:

Kuala Lumpur, MY, 50250

Department: Corporates (B105106)

Vistra