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