Responsible to interpret, understand and review AML/CFT, Regulatory requirements / guidelines / policies & all business units procedures & processes requirements to ensure it is up to date & comply with latest requirements.
Drafting, updating, and maintaining manuals, procedures, memos and processes / flow.
Work closely with relevant stakeholders such as sales, Legal, Regulatory Compliance, FCC & etc. to ensure clear understanding of AML/CFT & regulatory requirements.
Support division in providing operational and analytical support to colleagues, supervisor & management, such as:
Handle queries from frontliner or internal teams related to AML/CFT & regulatory requirements, documentation, procedures & processes.- Support process improvements to enhance operational efficiency.
Perform sampling checks, coordinate and ensure timely submission of regulatory compliance reports, action plan and gap analysis on regulations.
Assist & coordination in audit, reviews.
Coordinate and ensure completion of Business Continuity Management (BCM) related activities.
Perform on-boarding assessments, on-going & triggering review on new and existing customers, including Know Your Customer (KYC) and Customer Due Diligence (CDD), document verification, background checks, establishing beneficial ownership and performing transaction reviews, enhance due diligence (EDD) to ensure compliance with AML/CFT regulatory guidelines, Bank's policies and procedures.
Participate in ad-hoc assignments/projects, initiatives, and other duties as assigned by supervisors and management.
Maintain up-to-date knowledge of AML/CFT laws, regulations, and industry best practices to uphold compliance standards.
Job Requirements:
Professional qualification or university degree in Banking, Finance, Business, Accounting, Economics, or a related field.
Candidates with 2 to 3 years of relevant experience in banking, financial services with knowledge and understanding of AML/CFT & banking regulatory requirements including reporting will be an advantage.
Able to work under pressure and cope with strict timelines.
Able to work independently with minimal supervision and is a team player.
Enthusiastic, flexible, and able to demonstrate initiative to take up challenges as well as varied roles.
Possess good interpersonal and communication skills with ability to communicate effectively at different levels.
Strong analytical, problem-solving and writing skills.
