Job Description

The Senior Manager, Financial Crime Compliance is responsible for leading and managing the company-wide financial crime compliance program. This includes overseeing anti-money laundering, targeted financial sanctions, anti-bribery and corruption activities. This role is to ensure the company adheres to all relevant laws, regulations and internal policies.

Compliance Risk Management

Lead the development, implementation, and ongoing enhancement of the financial crime compliance framework.
Oversee AML/CFT, sanctions, anti-bribery risk assessment and ensure effective controls are in place.
Oversee transaction monitoring, investigate suspicious transaction activity.
Lead internal investigation into potential financial crime compliance incidents and ensure appropriate remediation.
Allocate tasks, set priorities, and ensure deadlines are met.
Report on financial crime compliance metrics and trends to leadership for strategic decision-making.
Drive change management initiatives result from changes in regulatory or group requirements.
Work cross-functionally with Legal, Internal Audit and Risk Management on financial crime compliance related risks.
Lead periodic financial crime compliance risk assessment.

Communication and Training of staff

Responsible for preparing training materials and conducting both role-based and regular training sessions for all staff on requirements and obligations under Financial Crime Compliance

Reporting

Prepare reports as requested by the Chief Compliance Officer and Senior Management, including periodic reports on financial crime metrics, compliance issues and action plans.
Ensuring proper reporting of red flags or suspicious transaction activities to all relevant stakeholders.

Others

Review the decision on employee disclosures on conflict-of-interest and gifts, sponsorships, travels, lodgings and entertainment.
Perform additional responsibilities as directed by the Chief Compliance Officer and Senior Management.

Qualifications

Familiarity with the Financial Services Act and all Bank Negara Malaysia regulations relating to Insurance.
Proficiency in English and good writing skills are of paramount importance.
Good coordination / planning / organisational skills.
Good communication skills and good stakeholders management.
Self-motivated and proven ability to multitask and work independently.

Meticulous and with a strong sense of responsibility and commitment.

Minimum 10 years of PQE in a relevant Compliance or Regulatory role. Candidates who have worked with the Insurance or Takaful Operators are a clear advantage.
Tertiary education with a recognised degree from a reputable university.