AFC - Country AML Officer - AVP

Deutsche Bank (Malaysia) Berhad; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

A leading international bank in Kuala Lumpur is seeking an experienced professional for Anti-Money Laundering (AML) and Know Your Client (KYC) oversight. The role requires at least 10 years’ of experience in compliance or a related function within the banking industry. You will be responsible for maintaining effective controls, monitoring compliance with local regulations, and supporting AML regulatory reporting. The position offers a supportive work culture with flexible benefits tailored to your needs.

Benefits

Corporate group insurance

EAP – free and confidential counseling

Comprehensive leave benefits

Qualifications

• At least 10 years’ experience in Anti Money Laundering/Compliance in an international organization.
• Excellent technical knowledge in Transaction Monitoring and related regulations.
• Strong analytical and problem-solving skills.
• Good command of English, both spoken and written.

Responsibilities

• Maintain Internal Control Framework for AML/KYC compliance.
• Monitor local regulatory sanctions and implement applicable requirements.
• Perform AML monitoring and investigate suspicious transactions.
• Support regulatory reporting for AML compliance.

Skills

Anti Money Laundering/Compliance

Transaction Monitoring

Sanctions and Embargoes

Analytical skills

Interpersonal skills

Risk management

Education

AML or related certifications

Job description

What we will offer you

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect

• Corporate group insurance
• EAP – free and confidential counseling, online work‑life resources
• Comprehensive leave benefits

Your key responsibilities

• Anti‑Money Laundering (AML) and Know Your Client (KYC)

  Maintain adequate Internal Control Framework for Unusual and/or Suspicious Transactions in terms of organization, administration systems, and controls to ensure properly and timely detection, investigation and reporting of unusual and/or suspicious transactions or activities to competent authorities in compliance with applicable rules.
  Discharging the responsibilities of AFC as set out under global AML and KYC policies for divisions present in the jurisdiction.
  Tracking and following up on the conditions that have been imposed as part of the KYC approval.
  Following up with the Business on status of Regular Reviews and obtain relevant MIS from the Business.

• Sanctions & Embargoes

  Monitoring local regulatory sanctions developments and notifying relevant changes and specifications to Country AFC Officer and Regional Head of Sanctions.
  Discharging the responsibilities of the Group Embargo Office locally as set out in the Group Embargo Policy and in the Special Risk Country Policy ensuring implementation of applicable sanctions requirements on a country level.

• Transaction Monitoring (TM)

  Perform AML monitoring of assigned businesses or jurisdictions.
  Review and analyse daily AML/CTF Cases to ensure that investigations are accomplished to address transactions that contravene the banks or regulatory policy. Ensure these occurrences are documented in the case for regulatory/audit level reviews.
  Investigate cases and associated transactions and identify potential areas of risk (financial, reputational, and regulatory) within the transactions and associated client relationship review.
  Conduct AML Risk assessment to identify and evaluate financial crime risk.
  Analyse data, prepare risk report/heat maps and highlight key gaps to management.
  Review and enhance AML controls, ensuring alignment with regulatory requirements.

• AML Regulatory Reporting

  Support Country AFC Officer in ensuring timely submission of all AML regulatory reporting, e.g., Annual AML/CFT, BNM reporting.
  Strong knowledge in assisting Law Enforcement Orders from various local agencies/authority.

• Others

  Ensuring that local record keeping processes are in alignment with the AFC related legislative, regulatory and internal requirements.
  Providing input for MI reports requested by Global AFC, Head of Regulation, Compliance and Anti‑Financial Crime, Country AFC Officer or the AFC reporting function.
  Implementing any Governance related controls, processes and procedures as directed by the AFC Governance function.
  Ensuring the local implementation of any country, regional or global AFC projects and programs in conjunction with the relevant regional leads.

Your skills and experience

• At least 10 years’ experience, ideally in similar senior position with extensive experience in Anti Money Laundering/Compliance, or a control related function within an international organization or bank in the Financial Services Industry.
• Excellent technical knowledge and experience especially in Transaction Monitoring and Sanctions and Embargoes. Experience in AML/KYC knowledge.
• Understanding one or more of the business areas of investment banking, corporate banking, trade finance, and risk profile of each category.
• Relevant AML or related certifications.
• Strong risk management skills, with good knowledge of local regulations and laws especially AML related.
• Strong analytical skills and problem‑solving skills.
• Strong interpersonal and influencing skills.
• Performance oriented.
• Teamwork and communication.
• Ability to work independently and prioritize tasks under pressure.
• Excellent interpersonal and communication skills.
• Good command of English, both spoken and written.

How we’ll support you

• Flexible working to assist you balance your personal priorities.
• Coaching and support from experts in your team.
• A culture of continuous learning to aid progression.
• A range of flexible benefits that you can tailor to suit your needs.
• Training and development to help you excel in your career.

About us and our teams

Deutsche Bank is the leading German bank with strong European roots and a global network. We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment.