Key Strengths of the Role
- Clearly defined investigation duties (alerts, screening, STR preparation).
- Exposure to public domain research and reporting to BNM (Malaysia's central bank).
- Structured salary offer with a clear increment guideline (15–20% above current).
- Conduct investigation on AML/CFT transaction monitoring alerts to determine whether there is any suspicion element that may warrant reporting to BNM
- Review customer's account activities, transactions and profile to identify any money laundering and terrorism of financing red flag/ risk indicator
- Conduct screening on customers and counterparties
- Conduct research on customers and counterparties using public domain
- Prepare investigation report and suspicious transaction report, where required
Potential Challenges
- Contract (6 months) – no mention of conversion to permanent.
- Salary capped at RM 4,500 – even with 20% increment, the base is low for someone with 3 years of specialized AML experience
- Broad requirements like creative and innovative – unusual for AML investigation, which is more rule-based and analytical.
Who this might suit
- Someone with 1–2 years experience seeking a short-term compliance role..
- Those wanting regulatory reporting exposure (STR to BNM) on their resume.
