Risk & Compliance Manager
8 hours ago
Risk and Compliance Manager
As our Risk and Compliance Manager, you will driving and enabling all consumer and merchant risks ensuring the organisation is able to actively manage risks with the necessary policies and controls whilst future-proofing the business with the right licenses and framework. You will also be responsible to develop risk and compliance strategies, actively engage with the relevant regulators as well as complying to the necessary requirements to achieve our short and long term business objectives.
You will be overseeing end-to-end risk and compliance processes and objectives whilst championing Ablr’s value proposition. You will be reporting to the CEO of Ablr Malaysia.
Roles and responsibilities are not limited to the following;
1. Review and analyse user and merchant’s credit risk, financial statements, business nature,
transaction volume data and etc. to gain an overall credit overview including risk profiling and
enhanced due diligence.
2. Spearheading the role as the first line defence for the organisation through proper consumer/
merchant underwriting, to safeguard the organisation from money laundering, terrorist financing risk and fraud including identifying trends commonly used in the past.
3. Ensure on-boarding process for both users and merchants comply with the regulatory requirements and company policies.
4. To investigate suspicious and fraudulent transactions and proactively minimise fraudulent
behaviours; by implementing new processes and controls to recoup losses.
5. To monitor business and operational units to ensure day-to-day operations comply with the
regulations; including implementation of risk management framework for timely resolution of issues.
6. To set internal policies in accordance with the regulatory requirements to minimise and mitigate operational impact and future organisational objectives.
7. Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance
matters whilst providing guidance to the management and business units in the day-to-day
operations.
8. Work with legal teams to identify and manage contractual obligations and risk management
policies.
9. Analyse and implement new effective practices and tools to identify next generation risk and fraud management processes and systems to ensure the risk and fraud systems stay within the
regulatory framework and company’s objectives and goals.
10.To ensure company wide operations adherence to applicable financial laws, regulations and
standards in the industry and market.
11. Pre-empt and enable fraud detection alerts at the strategy and portfolio level and provide
necessary analytical and modelling solutions.
12.Build partnership with customer data reporting agencies and credit recovery to build risk
segmentation and mitigation strategies.
13.Establish and monitor policies and processes to foster the ability to meet business objectives
effectively whilst leading initiatives in ensuring costs and risks are controlled within the operation and debt collection including monitoring active user accounts to reduce or prevent bad debts.
14.Champion requirements within the Shariah laws and other licensing requirements to achieve overall short and long term company objectives.
15.Produce key management reports and regulatory reporting, whilst managing to ad hoc requests in the consumer credit risk operations.
16.Develop and maintain company-wide, consumer and merchant policies.
17.Actively engage with regulators to participate and provide our feedback to ensure Company’s
objectives are achieved and met.
18.Any other ad-hoc tasks as required to enable risks and compliance excellence.
**Salary**: RM8,000.00 - RM10,000.00 per month
**Benefits**:
- Cell phone reimbursement
- Flexible schedule
- Gym membership
- Health insurance
- Maternity leave
- Opportunities for promotion
- Professional development
Schedule:
- Flexible hours
- Monday to Friday
Ability to commute/relocate:
- Kuala Lumpur: Reliably commute or planning to relocate before starting work (required)
**Education**:
- STM/STPM (preferred)
**Experience**:
- banking, compliance: 5 years (preferred)
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