Job Description

Description

Primary Objective:

Participate in AML audits for RHB Group to assess and subsequently provide independent assurance to the Senior Management and Board Audit Committee that RHB Group\xe2\x80\x99s AML governance and controls put in place are designed and operating effectively and in compliance with AML requirements prescribed by the regulators.
Key Responsibilities:

AML/CFT Audit Methodology and Subject Matter Expertise

• Implement the roll-out of the approved AML audit programme, for all AML audits performed.
• Participate on the review and evaluation of the parameters set in the AML audit risk assessment methodology to ensure the robustness of the annual AML audit planning process.
• Update and maintain the database of all AML-related audit issues raised by GIA to identify high risk areas or areas which are prone to have control lapses, to enable GIA to provide value-added service to and assist Senior Management to come up with sustainable remediation actions to address the lapses and to prevent recurrence.
• Participate in engagements with internal and external stakeholders and/or Group AML regularly to collaborate and keep abreast with changes made to the business activities / processes and/or Group AML\xe2\x80\x99s framework/policies or regulatory changes in AML areas in other geographies where RHB has presence.
• Participate in adhoc audits or validation activities on AML-related areas, as and when requested by Management, Board Audit Committee or regulators.

AML/CFT Audit Engagement, Monitoring and Reporting

• Participate in AML-specific audits to ensure the audit objectives are met and audit is completed within the timeline, manpower resources and cost allocated.
• Participate in audit discussions with the AML risk owners and control owners on issues raised, including identifying the root causes for the lapses and provide sound recommendation to remediate the lapses and address the root causes to prevent recurrence.
• Provide input and/or recommendation to business management during the course of the AML audits to put in place new or strengthen existing AML controls to mitigate AML risks.
• Initiate issue tracking / follow up mechanism and validation of completed remedial actions for all AML-related issues to ensure the lapses highlighted are fully remediated.
• Implement robust mechanism to track, monitor and report AML-related issues raised in the respective governance forums and/or to regulators.

Consultation, Advisory and Administration

• Ensure completion of audit documentation in the Audit Management System (AMS).
• Review and provide advice / comment / feedback on proposal papers for new or revised framework, policies, guidelines, manuals, etc.
• Carry out any adhoc / administrative tasks as assigned by Head / Lead.

Requirements

Requirements:
Bachelor Degree - \xe2\x80\xa2 Relevant Degree from recognized and accredited universities / higher learning institutions..

- Certified Anti-Money Laundering Specialist (CAMS); orCertified Anti-Money Laundering & Counter Financing or Terrorism Compliance Officer (CAMCO); or Certified Internal Auditor (CIA); orCertified Bank Auditor (CBA); orOther relevant auditing or accounting certification/membership with relevant professional bodies.

• Good analytical, interpersonal and communication skills.
• Meticulous, independent, resourceful, good in time management and able to multitask.
• Good working

Benefits

Dental, Education support, Miscellaneous allowance, Medical, Loans, Sports (e.g. Gym), Parking, Vision, Regular hours, Mondays - Fridays, Casual Business Wear, Performance Based Rewards

RHB Bank