Job Description

Job Responsibilities

• 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 or AML/CFT related matters.
• Establish and update procedures on AML/CFT surveillance.
• Assist Head of AML/CFT Surveillance unit to establish procedures applicable to AML/CFT surveillance processes e.g. transaction monitoring, suspicious transaction reporting, cash threshold reporting, law enforcement agency (LEA) orders etc.
• Investigate generated alerts and reporting of suspicious transaction.
• Assist Head of AML/CFT Surveillance Unit on the daily transaction monitoring for detection of suspicious transaction.
• Investigate (as Maker) the transaction monitoring alerts for further review by Senior Analyst.
• Escalate suspicious transaction to Senior Analyst, for further escalation to Head of AML/CFT Surveillance unit.
• Monitor the daily productivity to ensure the overall alert aging does not exceed the predetermined Service Level Agreement (SLA).
• Cash Threshold Reporting
• Prepare the daily cash threshold reports for review by Senior Analyst.
• Manage orders from enforcement agencies.
• Assist Senior Analyst to act on orders received from LEAs to ensure the orders are well coordinated and responded to 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 is provided within the stipulated time.
• Reporting results of alerts reviewed
• 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 of Directors as well as 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 institutions.
• Familiar with the regulations / guidelines from Bank Negara