Location: Petaling Jaya
Industry: Financial Services – Insurance
Position Level: Senior Managerial
Remuneration: Pays up to RM15,000
About your New Employer:
Our client is one of the leading Life Insurance & Investment companies in Malaysia. As part of an international financial services group, the client offers a range of life insurance products in Malaysia including endowment plans, investment-linked plans, term life plans, and medical plans.
Your New Roles & Responsibilities:
- Leading the Financial Crime unit covering AML/CFT and Anti-Bribery & Corruption (AB&C) functions for the organization.
- Drive the entire compliance program and support the overall organizations in the area relating to AML/CFT and AB&C.
- Develop, review and maintain policies and SOP, ensuring the business units and the overall operations of the organizations are complying with the regulatory requirements and meeting the management’s standards.
- Perform periodic risk assessment, internal control testing, compliance review and manage the control testing/validation program for the Company in accordance with regulatory expectations and best practices.
- Perform periodical reviews of transaction monitoring systems and transaction screening systems to ensure their effectiveness.
- Work with project management/IT team to plan, execute and manage AML/CFT systems-related projects. Liaise and work closely with various departments/teams for the collection of user requirements, the enhancement of the systems and the implementation of related projects.
- Prepare compliance reports or updates relating to AML/CFT and AB&C
- Implement compliance training and awareness programs across all business units and agency force
- Monitor developments in regulatory requirements relating to AML/CFT and AB&C to identify new compliance obligations or risks, perform gap assessments and work with the relevant departments to ensure any gaps have been addressed and compliance risks mitigated.
- Act as liaison with external stakeholders and business contact.
Criteria to Meet:
- Candidate must have at least 8-9 years’ working experience in financial crime compliance and policy management, at a management/managerial/advisory capacity
- Profound knowledge of the BNM’s AML/CFT regulations
- Possess professional certification in the AML/CFT will be an added advantage
- Knowledge or professional knowledge in Anti-Bribery & Corruption Act will be an advantage
- Strong interpersonal communication skills and ability to work collaboratively with people at all levels including the stakeholders and business heads
Interested candidates kindly send your updated CV to info@sixdegreeconsulting.com.
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