Senior Compliance Manager (MY)

Function - Specific Activity

AML/CFT and ABAC

Ensure the Company's policies and processes are kept up to date with relevant laws, regulations and guidelines in relation to AML/CFT, Know Your Customer (KYC) and ABAC, including overseeing and implementing appropriate compliance programmes.

Develop or enhance compliance policies, manuals, procedures, systems and control mechanisms in line with regulations and best practices, ensure that the policies are communicated with all employees in the Company.

Ensure proactive and timely identification, assessment, advice and dissemination of evolving regulatory change/practices throughout the Company across the region (with a focus on Malaysia).

Maintain appropriate relationships with relevant regulators, authorities and independent auditors and liaise with them on audits, reporting and implementation of corrective measures.

Oversee the completion and submission of Data & Compliance Reports to BNM.

Conduct regular Institutional Money Laundering/Terrorism Financing Risk Assessments and Corruption Risk Assessments.

Conduct internal compliance reviews on the AML/CFT and ABAC compliance programmes to identify gaps against regulations and internal policies and recommend or implement corrective measures.

Establish, enforce and maintain effective processes (including training and development of appropriate supporting tools) to ensure that compliance policies, procedures and standards are effectively implemented across the Company.

Perform management reporting to the Board, Senior Management and Group Director, Legal & Compliance on compliance risks and issues.

Provides regulatory advisory on compliance-related matters to business units or member offices.

Undertake investigations on suspicious transactions/activities escalated to Compliance and submit STRs to BNM where necessary. Provide guidance to stakeholders concerned in regard to any follow-up actions and monitor the closure of such actions.

Review and provide comments on ABAC-related matters in relation to client policies, agreements, contracts, questionnaires etc.

Prepare training materials and provide trainings to the Board, Senior Management, new and existing employees on the Company's policies and compliance programmes.

Beneficial Ownership reporting

Provide advisory to business units in relation to the Companies Commission of Malaysia's (CCM) Guideline for The Reporting Framework for Beneficial Ownership of Legal Persons.

Provide guidance to the business units on BNM and the CCM's respective Beneficial Ownership requirements.

Assist business units with matters relating to the disclosure of the Company's shareholding/Beneficial Ownership information to regulators/external parties.

Risk Management

Support Group Risk on all Risk Management matters including manage Incident Reporting and Risk Register on the firm's Risk Management platform.

Support Group Risk on Group Insurance, Personal Protection and Business Continuity Management.

People Management Activity

Liaise with Regulators

Liaise with Internal and External Auditors

Liaise with Management

Liaise with Business Units

Report to Group Director, Legal & Compliance

Education & Experience

Degree in law, business, finance or compliance related disciplines.

Certification/Licensing Requirements: AML/CFT certification e.g. International Compliance Association's Advanced Certification in AML/CFT or the Certified Anti-Money Laundering Specialist Certification is an advantage.

Minimum 8 years of relevant experience within the Management Advisory/ Financial Services/ Investment industries.

Sound understanding of compliance, with experience preferably gained from accounting, corporate secretarial, management services, banking/ financial services and shared services firms.

Experience in background check such as AML/CFT screening, KYC/CDD.

Experience in performing Risk Assessment.

Experience in Risk Management is preferred.

Preferred Skills & Attributes

Ability to master a large volume of details and facts, set priorities and be persuasive in senior level discussions.

Good interpersonal, influencing and networking skills

Ability to work independently as well as good team player

Knowledge of Microsoft Office such as Excel, Word and PowerPoint

Ability to multi-task and stay focused on the big picture while addressing daily issues

Ability to identify problems and issues and apply problem solving skills to provide solutions

Ability to prioritize work and meet deadlines