The ideal candidate is attention to detail and a quick learner. In addition, the candidate should be able to work as a team player but also independently. The position often requires long hours during busy periods.
Transaction Monitoring
Role and responsibilities
- Perform post-transaction review on the flagged alerts generated by the internal Anti-Money Laundering (AML) system to identify any unusual or suspicious activity.
- Handle ad-hoc requests and projects related to transaction monitoring as assigned by the team lead/ SIL/ Head of Compliance when required.
- Conduct due diligence and perform both internal and external searches using available resources to gather relevant information on the flagged alerts.
- Initiate Request for Information (RFI) or Enhanced Due Diligence (EDD) with relevant partners to facilitate in-depth investigations on the flagged alerts and cases.
- Monitor real-time alerts triggered by the internal AML system and approve or reject transactions based on established AML/CFT policies and procedures.
- Conduct name screening against global sanction lists using the in-house screening portal and investigate any potential matches.
- Prepare and draft Suspicious Transaction Report (STR) for any suspicious cases identified, ensuring compliance with regulatory reporting requirements.
- Maintain organized records of all supporting documents and information obtained throughout the transaction monitoring process.
- Identify process inefficiencies and collaborate with the team to enhance the functionality and accuracy of transaction monitoring processes and systems.
Qualifications & Requirements
- Compliance transaction monitoring team experience
- Preferably 4-5 years of Anti-Money Laundering (AML) related work experience
- Must be proficiency with Microsoft Office suite, including advanced Excel (V Lookup, Pivot Tables, Marco etc.), Access, statistic technique and basic understanding of accounting knowledge.
- Sensitive to figures and able to apply professional scepticism
- Having experience in fast-growing transactional/technology company is an advantage
- Able to work independently with minimum supervision
- Take turn work on public holidays
- Malaysian Only
Location: Bangsar South, Kuala Lumpur (Accessible by LRT Kerinchi - Kelana Jaya line)
