Manager - AML Surveillance

About the Role

Responsible for end-to-end Anti–Money Laundering and Counter Financing of Terrorism (AML/CFT) operations, including alert review and closure, regulatory and law enforcement disclosures, and statutory reporting (STR, CTR, Mule listings). Oversees AML documentation, management reporting, sanctions screening, and responses to AML/CFT queries from branches and business units. Manages AML/CFT reviews for financial institutions and vendors during onboarding and annual assessments, maintains regulatory watchlists (e.g. ARBM AML Private List), and actively supports enhancements to AML systems. Drives continuous improvement by recommending and implementing solutions aligned with regulatory requirements.

What you will do:

• Receive, review, justify, draft & submit Suspicious Transaction Reports (STR) made by Branches & Business Unit.
• Liaise with Branches & Business Unit to obtain the required information (documents & evidences) needed for reviews related to STRs submission.
• Ensure timely & accurate STR submission to Financial Intelligence & Enforcement Department (FIED) of BNM in accordance with Malaysian law & regulations.
• Ensure timely and accurate responses to BNM request ie, STR(s) related request(s), Domestic List Survey, UNSCR Sanction list(s), BNM Mule Listing & Submission of periodic report to BNM.
• Prepare AML documents and content materials i.e. policies, procedures, circulars, centralized email communications and AML Methodologies.
• Preparing Management reports on Monthly, Quarterly, Half-Yearly & Yearly reports for Senior Management, Board, Board Audit Committee, Executive Risk Management Committee and any other relevant committees.
• Investigate alerts within the stipulated timeframe and deduce whether the customers profile and their transactions patterns justify.
• Make recommendation on whether STR is to be submitted on cases investigated or dismiss alerts.
• Perform verification on the documents submitted & Ultimate Beneficial Owner details for FI / Vendor New Onboarding & Annual Review against the Bank's Database / Outsource Data Provider (WorldCheck, World Compliance etc) and seek Chief Compliance Officer's approval.
• Perform site visit at Branches & Business Unit to ensure compliance to the Bank's AML/CFT Policies & procedures.
• Perform review on country risk score & classification in accordance to FATF requirements.
• Perform EDD review for Vendor(KYV).
• Ensuring the queries from Branches & Business Units related to AML/CFT is attended on timely manner.
• Review daily CTR submission to ensure the reporting is comply with the requirement.
• Participate in the New, Changes &/Or System Enhancements. (Preparing Business Requirement Document, User Acceptance Testing, Sign-Off, etc).
• Perform System Post Implementation Review(PIR) and prepare an update to the relevant committees / Board.
• Managing the Order(s) served under AMLATFA / Dangerous Drug / IFSA by LEAs.
• Perform a screening against the Bank's database to confirm the status.
• Liaise with internal stakeholders for the required information.
• Ensure timely responses are provided on requests made by FIED and submit STR(s), if required.
• Provide branches with direction on the accounts stated in the order – Block / Freeze / Unfreeze.
• Monitoring & review the Freeze order.
• Perform screening the Sanction List(s) that are provided by or through FIED against the Bank's database to confirm status.
• Ensure timely responses are provided on requests made by FIED and submit STR(s), if required.
• Provide branches with direction on the accounts stated in the order – Block / Freeze / Unfreeze.
• Monitoring & review the Sanction List(s).
• Ensure that ARBM AML Private List is up-to-date and uploaded in to EastNets within the stipulated time.
• Ensure that all information reported are correct and accurate.
• Ensure monitoring, reviews and testing activities results are adequately documented.
• Ensure all records pertaining to AML are properly and securely maintained and up to date.

Skills and experience you possess:

• Bachelor's Degree in any related field.
• Possess a minimum of 3-year work experience preferably in Banking/Finance institution.
• Possess Advance Certification in AML/CFT and Advance Certification in REGULATORY COMPLIANCE are added advantage.
• In-depth knowledge in banking products and operation; and experience in AML/CFT/CPF and sanctions requirements.