Money Laundering Reporting Officer (MLRO)

How can building relationships lead to building outcomes with impact

You are primarily responsible for the design, implementation, governance, and continuous enhancement of the Anti-Money Laundering (AML)/ Countering Financing of Terrorism (CFT)/ Certified Financial Planner (CPF) and Targeted Financial Sanctions (TFS) framework, in full compliance with Bank Negara Malaysia (BNM) requirements and the Anti-Money Laundering Authority (AMLA) 2001. The role serves as the primary point of reference for all AML/CFT matters within the Reporting Institutions and in engagements with BNM,ensuring regulatory compliance, effective risk identification, robust Suspicious Transaction Report (STR) governance, accurate regulatory reporting, and alignment with Allianz Group AML/CTF standards. This function operates with sufficient authority, seniority, and independence to influence decision‑making, escalate issues directly to Senior Management and the Board, and issue binding instructions on AML/CFT controls.

You'll be responsible for:

• Lead, implement, and enhance AML/CFT/CPF & TFS framework for Allianz General Insurance Company (AGIC) and Allianz Life Insurance Malaysia (ALIM)
• Liaising with BNM, manage regulatory engagements, audits, and inspections.
• Review and approve internal STRs, ensure timely filing to BNM.
• Oversee Customer Due Diligence (CDD) /Enhanced Due Diligence (EDD), sanctions screening, monitoring, and high‑risk case escalations.
• Provide independent AML advisory; exercise veto rights and binding instructions.
• Drive cross‑functional collaboration to strengthen financial crime controls.
• Lead data‑driven AML enhancements including analytics and anomaly detection.

Important to your success:

• Minimum 10 years AML/CFT, compliance, audit, risk or financial crime experience.
• Experience in engaging regulators and managing complex regulatory audits.
• Bachelor's degree or higher in Law, Accounting, Finance, Business, Risk.
• Certifications: Anti Money Laundering Specialist (CAMS), International Compliance Association certifications (ICA), Certified Crypto-asset Anti-Financial Crime Specialist (CCAS) or equivalent AML/CFT credentials.
• Strong technical knowledge of AMLA 2001, BNM AML/CFT/CPF & TFS, FATF standards.
• Familiarity with AML systems, analytics tools, monitoring rules, screening technology.
• Ability to interpret regulations and operationalise AML/CFT frameworks.
• Excellent written & verbal communication; strong stakeholder influence skills.
• Proficiency in SQL, Python, R, Power BI, Tableau, SAS or similar analytics tools.
• Basic knowledge of machine learning, anomaly detection, AI compliance tools.
• Strong ability to analyse large datasets and draw investigative conclusions.
• Collaborate effectively with IT/Data teams to validate data quality and monitoring inputs.

Disclaimer: Thank you for your interest in joining our team. Due to the high volume of applications we receive, we are unable to provide individual feedback to every applicant. If you do not hear from us within 14 days of submitting your application, please assume that you have not been selected for this position.

Important: All updates regarding your application status will be communicated via email. Please ensure you frequently check your email for updates and further instructions.

Note: Allianz will not accept any forward unsolicited resumes from any source to our employees email other than directly from a candidate. We will not be responsible for any fees and charges imposed.