Associate, Transaction Monitoring (Group Private Banking)

Key Responsibilities

• Support Governance Team Leads in driving AML/CFT risk and control initiatives to ensure effective processes and compliance within Private Banking Malaysia.
• Assist in maintaining and enhancing the AML/CFT framework through continuous monitoring, review, and implementation of controls to mitigate operational and compliance risks. Maintain accurate records for reporting, including Control Issue Management (CIM) and Loss Event Data (LED).
• Analyze large datasets, prepare reports, dashboards, and presentation materials to update Management on risk status. Support transaction monitoring reviews, identify unusual activities, and assist in investigations, reporting (including STRs), and regulatory requests.
• Contribute to control effectiveness testing, stress testing, Key Risk Indicator (KRI) monitoring, and process improvement initiatives. Support audits, regulatory reviews, and internal investigations by facilitating data retrieval and documentation.
• Coordinate governance reporting, licensing (FIMM, CMSRL), training initiatives, and administrative matters. Ensure timely escalation of non-compliance issues and assist in resolving AML-related concerns from stakeholders.
• Collaborate closely with internal and external stakeholders, stay updated on regulatory developments, and support business initiatives while ensuring alignment with Group Risk and Compliance requirements.