Job Description

Job no: 567851 Work type: Full time Location: Kuala Lumpur, Malaysia, Labuan, Malaysia, Malaysia Categories: Group Legal & Risk Office Location: Labuan Advertised: 05 Oct 2023 Singapore Standard Time Applications close: 31 Dec 2023 Singapore Standard Time Back to search results Apply now Refer a friend We never ask for payment as part of our selection process, and we always contact candidates via our corporate accounts and platforms. If you are approached for payment, this is likely to be fraudulent. Please check to see whether the role you are interested in is posted here, on our website. About TMF Group TMF Group is a leading global provider of high-value business services to clients operating and investing globally. We focus on providing specialized and business-critical financial and administrative services that enable our clients to operate their corporate structures, finance vehicles and investment funds in different geographical locations. Our core services can help companies of all sizes with HR and payroll, accounting and tax, corporate secretarial, international corporate structuring, fund administration and structured finance - whether a company wants to globalize, or whether they need support to streamline existing operations. With operations in more than 80 countries, TMF Group is the global expert that understands local needs. Global reach, local knowledge: helping to do business seamlessly across borders. Job Purpose: Reporting to the Compliance Officer, responsible in all the Compliance matters and oversee the importance of meeting Group\'s expectation and regulatory standard. Ability to embrace and adapt to an ever-changing priorities, business needs and regulatory requirements. Key Responsibilities: Responsible in monthly Compliance Reporting to the Group Compliance Centre (GCC) on Know Your Customers (KYC), Anti-Money Laundering/Counter Terrorism Financing (AML/CTF) and Operational Risk reviews. Guide the account managers on the TMF Compliance process for on-boarding of new clients and periodic client review. Monitor companies due diligence documentation to ensure compliance with AMLATFA and achieve 100% KYC completeness. Responsible in assessing the unusual transactions, in cooperation with account managers, local management and/or the GCC for the purpose of reporting and to cooperate with the FIED in BNM on AML/CFT investigations. Support local account managers with all compliance related questions. Reviewing formal policies on risk management, corporate governance, preparing statistic submissions to authorities and perform compliance checking on clients i.e. world check. Review the needs of the various departments in the Company on compliance matters. Assist the Compliance Officer to plan and conduct periodic review (Compliance monitoring Plan) on all aspects of the Company\'s operations including provide advice to the Management for improvement of the Company\'s internal controls. Keep abreast of new legal regulatory and material regulatory changes, new developments on Regulatory Compliance under BNM, Security Commission and Labuan Financial Service Authority (LFSA) to ensure requirements are embedded into the business processes. Perform gap analysis of the regulatory requirement and actual processes where required. Ensure TMF Group complies with all local regulatory requirements. Support the Compliance Officer to sustain the ongoing audits/compliance process and ISO certification process. Act as the local point of contact for FATCA, CRS and GDPR matters. Attend to statutory/regulatory requirements/queries/assessments. Assist the Head of Department on handling Audit action plans follow up Key Requirements: Candidate must possess at least a Professional Degree, Law or equivalent. At least 3-5 years of working experience in the related field. Familiar with the requirements of Bank Negara Malaysia, Security Commission Malaysia and Labuan Financial Services Authority. Preferably individuals specializing in Capital market Services, Trust/Funds Services or equivalent. Good interpersonal and leadership skills. What\'s in it for you Our offices are easily accessible by public transportation (LRT & Monorail) Flexible working arrangements Work with colleagues and clients around the world on interesting and challenging work. We provide internal career opportunities so you can take your career further within TMF Want to know more about a career at TMF group Watch this video: -

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