Job Description

Working Hour Regular Hours
Monday - Friday



Business Area Operations



Location Malaysia - Selangor










Description

Primary Objective:

• To conduct quality and timely closure of all name screening alerts with proper justification and to meet set KPI for match closure.
• To review and disposition name screening alerts generated by the AML System within the agreed timeline in accordance with the prescribed guidelines.
• Determine match outcome and escalate alerts with proper deposition justification/assessment to L2 team for further action in accordance with the prescribed guidelines.
• To perform due diligence, background checks and analysis for deeper understanding of AML/OFAC requirements and implications.
• To have a good understanding of money laundering and terrorist financing issues, as well as adverse news.
• To work closely with Name Screening Team Lead on possible system enhancements.

Key Responsibilities:

• Ensure that the alerts are assessed, investigated and closed with proper justification in accordance to the prescribed guidelines and SLA.
• Determine match outcome and assign True AML/Sanctions Hits to L2 team with alert
• disposition comments.
• Match and Confirm True Non AML Hits with alert disposition comments.
• Match, Confirm and escalate non-adverse PEP hits to BU for PEP tagging in ICBA and
• invoke EDD submission.
• Escalate sanctions False Hits to L2 with alert disposition for their review confirmation and
• closure.
• Exclude False Match Non-sanctions hits with alert disposition comments.
• Raise RFIs on unverifiable or inconclusive matches to confirm on Hit or No Hit using
• additional info.
• Track progress of RFIs and escalate to manager on delayed RFIs for further attention and
• actions.
• Escalate unverifiable/inconclusive matches to L2 with alert disposition comments for their
• further review and actions.
• Retrieve customer Information, account opening form info and CDD/EDD information and
• public domain search outcome for further understanding on client.
• Escalate PO/FO matches on customers and related parties to investigations team for their
• closure actions.
• Re-work on True-negatives re-opened by QC team.
• Identify list entries for normalization or suppression of further false positive.

Other function(s)

• Perform any task or participate in projects as proposed by Team Lead.
• Work closely, and support other teams within the Compliance Department
• To propose meaningful ideas and solutions for possible process enhancements.

Requirements
Requirements:
Diploma - Business, Accounting, Finance and relevant disciplines.

• \xe2\x80\xa2 Preferably with AML professional qualifications/certifications

Preferably with at least 1-3 years of experience in AML Compliance in related industry,

• Able to exercise sound judgment and possess critical thinking skills
• Possess good writing and articulation skills
• Self-driven, meticulous and with business acumen
• Strong interpersonal skills
• Self-motivated and have the ability to work independently

Core Competencies:

• Team Work

• Adaptability

• Communicating and Influencing

• Organization and Delivery

• Leading and Coaching

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