AML/CFT Compliance & Risk Officer - Remittance

Sunway Money; Selangor; On-site; MYR 50,000 - 70,000; Full time

Job summary

A leading remittance service provider in Malaysia is seeking a Compliance Officer to assist with compliance functions and risk management. The role involves establishing compliance frameworks, conducting due diligence, and preparing reports. Candidates should have a Bachelor’s degree in a related field and prior experience in AML/CFT, compliance, or risk management roles. This position is critical in ensuring adherence to legal and regulatory standards and providing recommendations for preventive measures.

Qualifications

• At least Bachelor’s Degree in a related field, preferably in law, management, banking, finance or accounting.
• Professional accreditation or certification in AML/CFT will be an added advantage.
• Candidate with working experience in AML/CFT, compliance, risk or audit role in the banking, insurance, remittance or fund management industry will be prioritized.

Responsibilities

• Assist the Head of Department for the Company’s Compliance functions and Ongoing Due Diligence.
• Establish and improve frameworks, policies, procedures, and controls for compliance.
• Conduct watchlist screening, customer due diligence, and periodic reviews.
• Recommend preventive measures and escalate compliance issues.
• Prepare and coordinate timely submission of all compliance reports.

Skills

Analytical skills

Attention to detail

Investigative skills

Problem-solving skills

Familiarity with Microsoft Office

Education

Bachelor's Degree in law, management, banking, finance or accounting

Job description

A leading remittance service provider in Malaysia is seeking a Compliance Officer to assist with compliance functions and risk management. The role involves establishing compliance frameworks, conducting due diligence, and preparing reports. Candidates should have a Bachelor’s degree in a related field and prior experience in AML/CFT, compliance, or risk management roles. This position is critical in ensuring adherence to legal and regulatory standards and providing recommendations for preventive measures.