AML & Compliance Associate — Risk & Data Insight

Setel; Kuala Lumpur; Hybrid; MYR 48,000 - 78,000; Full time

Benefits offered by this job

Hybrid working arrangement

Relax and unwind at leisure area with…

Wear jeans allowed

Coffee, tea, or snacks available

Inter-company sports team

Workshops and events for bonding

Job summary

Setel is seeking an Associate, AML (FCO) to help ensure compliance with AMLA and manage financial crime risk in a fast-paced digital payments environment. You will perform sanctions screening, conduct CDD/EDD/ODD, and prepare data-driven compliance reports for internal stakeholders.

You will work with cross-functional teams, maintain robust AML/eKYC records, and respond to internal requests via Zendesk, contributing to audit readiness and regulatory compliance in Malaysia.

Qualifications

• Bachelor’s Degree in any field.
• Certificate in AML is a plus.
• Minimum of 2 years working experience in AML, e-KYC and related areas.
• Experience with CDD, EDD, and ODD.
• Hands-on experience with AML monitoring and screening mechanisms.
• Familiarity with regulatory reporting and record-keeping requirements.
• Ability to work collaboratively with cross-functional teams and provide training on AML.
• Experience in digital payments or e-wallet environment is an advantage.

Responsibilities

• Perform sanctions screening against UNSC, OFAC, and domestic watchlists and monitor financial transactions for suspicious activities and ensure proper reporting and documentation are completed accurately and within required timelines as per industry and required standards.
• Conduct customer due diligence (CDD), enhanced due diligence (EDD), and ongoing due diligence (ODD) for customers based on their assessed risk level by gathering required documentation, completing due diligence records, and escalating cases that require further review in order to meet AMLA statutory obligations.
• Prepare detailed data summaries and compliance tracking records for internal stakeholders by compiling screening outcomes, CDD/EDD completion status, and monitoring results to demonstrate the team’s adherence to AMLA requirements.
• Prepare reports via internal tools (e.g. Holistics, Mixpanel etc.) by extracting relevant data, structuring findings, and presenting outputs in a clear and usable format to assist in account investigations and support the team's regulatory reporting obligations.
• Execute requests from internal stakeholders via Zendesk and other related communication methods by reviewing the request, gathering the required information, and responding accurately within stipulated timeframes in order to support cross-functional compliance operations.
• Maintain accurate and up-to-date records of all AML/eKYC activities including screening logs, CDD/EDD documentation, and transaction monitoring outcomes by filing and archiving records in designated systems in order to support audit readiness and meet BNM statutory retention requirements.

Skills

Confidentiality

Decision making

Developing others

Initiative

Planning & organizing

Negotiation & influence

Education

Bachelor’s Degree in any field

Certificate in AML (advantage)

Job description

Setel is seeking an Associate, AML (FCO) to help ensure compliance with AMLA and manage financial crime risk in a fast-paced digital payments environment. You will perform sanctions screening, conduct CDD/EDD/ODD, and prepare data-driven compliance reports for internal stakeholders.

You will work with cross-functional teams, maintain robust AML/eKYC records, and respond to internal requests via Zendesk, contributing to audit readiness and regulatory compliance in Malaysia.