Team Lead, Compliance

Compliance Officer

Level: Senior/Lead/Assistant Manager/Manager position available

Dept: Compliance

Related to Anti Money Laundering / Countering Financing of Terrorism (AML-CFT) & Risk

Industry: Fintech

Location: Bangsar South, Kuala Lumpur (Accessible by LRT Kerinchi - Kelana Jaya line)

**Requirements**:

- Minimum 3 year AML compliance 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.
- Having experience in fast-growing transactional/technology company is an advantage
- Able to work independently with minimum supervision
- Take turns to cover on public holidays

**Transaction Monitoring team**

**Responsibilities**:

- Understand and deal with compliance matter imposed by local central bank
- Perform customer due diligence (CDD)/enhanced customer due diligence (ECDD) for corporate customer onboarding
- Conduct transaction monitoring/analysis to detect suspicious transaction and raise internal Suspicious transaction report
- Review the compliance alerts and prepare periodic ongoing monitoring reports
- Conduct periodical review on customers for any material change in the business relationship is operated and update any change in customer’s information
- Assist in establish mechanisms and formylate procedures to implement AML/CFT policies and internal controls
- Participate in new product development and business practices to assess the potential ML/TF risks
- Assess the adequacy of implementing the AML/CFT Compliance program

**Onboarding team**

**Responsibilities**:

- Implementing AML/CFT Compliance Policy and Procedures approved by Board and senior management.
- Perform customer due diligence (CDD)/enhanced customer due diligence (ECDD) for corporate customer onboarding
- Perform customer due diligence (CDD)/enhanced customer due diligence (ECDD) for remittance partner onboarding, which includes assessing the prospect remittance partners’ AML/CFT Compliance program implementation and relevant CDD/EDD documents.
- Conduct ongoing CDD/EDD on customers/remittance partners for any material change in the business relationship and update any change in customer’s information
- Conduct transaction monitoring/analysis to detect suspicious transaction and raise internal Suspicious transaction report
- Review the compliance alerts and prepare periodic ongoing monitoring reports
- Assist in establishing mechanisms and formulate procedures to implement AML/CFT policies and internal controls
- Participate in new product development and business practices to assess the potential ML/TF risks
- Assess the adequacy of implementing the AML/CFT Compliance program

**Compliance Assurance Team and/or Regulatory Compliance Team**

**Responsibilities**:
Plan and conduct regulatory compliance review to assess level of compliance with applicable laws, regulations and guidelines (AML/CFT as well as other non-AML/CFT regulations) mandated by local and overseas regulators such as Bank Negara Malaysia which may affect Tranglo operations.
- Develop test/review program and execute review within the agreed timeline.
- Assess the risk level of exceptions identified and communicate effectively with the related Business Functions/stakeholders.
- Follow-up on compliance issues identified in compliance review to ensure appropriate corrective actions are implemented accordingly and track them to closure. Verify the corrective actions for adequacy and appropriateness prior to closure.
- Provide regulatory compliance support, guidance and advice to Business Functions in regard to regulatory changes and updates.
- Coordinate with the dedicated Compliance Officer of the respective Tranglo entity and disseminate regulatory changes (BNM/MAS/BI/FCA) to Business Functions/stakeholders at least on monthly basis.
- Assist in coordinating gaps analysis on regulatory changes with the relevant Business Functions/stakeholder and track action plans to closure.
- Keep track of reply/notification/correspondence from the relevant Business Functions/stakeholders to the relevant regulators’ circulars or correspondences.
- Assist to roll-out changes to Regional Compliance Standards to Business Functions and complete gap analysis and track actionable items to closure.
- Prepare compliance reports to Group Compliance or any other relevant stakeholders and assist in reporting to Group Compliance and to Senior Management, any material or significant compliance breaches or potential breaches of regulations.
- Liaise with Group Compliance with regards to regulatory examinations or reviews.
- Provide recommendation or resolution to issue(s) highlighted.
- Conduct compliance training to the relevant Business Functions/stakeholders to improve their understanding on governing regulatory requirements. Update compliance training materials, as appropriate.