AML Policy, Advisory & Intelligence

YTL Digital Bank Berhad (Registration No. 202201037182 (1482879-P); Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

Ryt Bank in Malaysia is seeking an AML Policy, Advisory & Intelligence Assistant Manager to bolster our AML/CFT/CPF & TFS framework. You will collaborate with AML Operations, business units, and regulators to interpret regulations, update policies, and monitor for regulatory developments.

The role covers risk assessments, investigations, STR preparation, testing AML rules, and governance documentation. You will provide practical AML guidance, support training, and help drive continuous

Qualifications

• Bachelor’s degree in finance, law, business, CS or related field.
• ICA/CAMS or equivalent certifications are an advantage.
• Manager: 3–5 years of AML/CFT/CPF & TFS experience.
• Practical knowledge of Malaysian AML/CFT/CPF & TFS regulatory requirements (BNM, FATF).

Responsibilities

• Assist in developing and reviewing AML policies and guidelines aligned with BNM regulations and FATF.
• Provide day-to-day AML/CFT advisory to business units and interpret regulatory requirements.
• Support EWRA and risk assessments across customers, products, channels, and geographies.
• Assist in testing and validation of AML transaction monitoring rules and UATs.
• Prepare reports and dashboards; maintain policy documentation and governance artifacts.
• Conduct investigations and prepare STRs for regulators; provide guidance to operations.

Skills

AML

Regulatory advisory

Risk assessment

Investigation

Stakeholder mgmt

Documentation

Training

Education

Bachelor’s degree

ICA/CAMS (advantage)

Job description

The AML Policy, Advisory & Intelligence Assistant Manager supports the implementation and ongoing effectiveness of the Bank’s Anti-Money Laundering, Countering Financing of Terrorism, Countering Proliferation Financing, and Targeted Financial Sanctions (AML/CFT/CPF & TFS) framework. The incumbent works closely with AML Operations, business units, and key stakeholders to ensure compliance with Bank Negara Malaysia (BNM) requirements.

Key Responsibilities

Policy Implementation & Regulatory Advisory

Assist in the development, review, and periodic enhancement of AML/CFT/CPF & TFS policies, procedures, and internal guidelines in line with BNM regulations and FATF recommendations. Provide day-to-day AML/CFT/CPF & TFS advisory support to business units, including interpretation of regulatory requirements and internal policies. Monitor regulatory updates and assist in assessing their impact on existing policies, procedures, and controls. Support AML/CFT/CPF & TFS risk and compliance assessments for new products, services, delivery channels, and partnerships.

Enterprise-Wide Risk Assessment (EWRA) Support

Support the execution and periodic refresh of the AML/CFT/CPF & TFS Enterprise-Wide Risk Assessment (EWRA). Assist in assessing inherent and residual risks across customers, products, services, delivery channels, transactions, and geographies. Coordinate with internal stakeholders to collect data, validate inputs, and document risk assessments. Track and monitor the implementation of risk mitigation actions arising from the EWRA.

AML Intelligence, Investigation & STR Handling

Conduct reviews and investigations of potential suspicious activities identified through transaction monitoring and other surveillance tools. Prepare high-quality Suspicious Transaction Reports (STRs) and ensure timely submission to regulators via the Financial Intelligence System (FINS). Analyse investigation outcomes and STR trends to identify emerging risks, typologies, and areas for control enhancement. Provide investigation-related guidance and support to AML Operations and relevant business units.

AML Systems, Rules & Controls Support

Participate in the testing and validation of AML transaction monitoring rules and scenarios to ensure effectiveness and regulatory alignment. Support user acceptance testing (UAT) for AML system enhancements, upgrades, and fixes, ensuring proper documentation of test results. Assist in maintaining AML rule libraries and recommending enhancements based on risk trends and regulatory expectations. Support internal and external audits, regulatory examinations, and issue remediation activities.

Governance, Reporting & Documentation Support

Support the secretariat function for the Anti-Money Laundering Committee (AMLC), including preparation of meeting materials, coordination of meetings, and documentation of minutes. Prepare periodic reports and dashboards for management covering AML/CFT/CPF & TFS compliance status, STR statistics, risk trends, and regulatory updates. Maintain accurate and complete documentation of policies, risk assessments, advisory opinions, investigations, and regulatory interactions in accordance with internal standards.

Training & Continuous Improvement

Assist in the development and delivery of AML/CFT/CPF & TFS training materials and awareness sessions. Stay informed of regulatory developments, industry trends, and emerging financial crime risks. Contribute to continuous improvement initiatives to enhance the effectiveness and efficiency of AML controls and processes.

Qualifications & Experience

Bachelor’s degree in finance, Law, Business Administration, Computer Science, or a related field.

Professional certifications such as ICA, CAMS, or equivalent are an advantage.

Manager: Minimum 3 – 5 years of relevant AML/CFT/CPF & TFS experience.

Practical knowledge of Malaysian AML/CFT/CPF & TFS regulatory requirements, particularly BNM guidelines and FATF standards.

Key Competencies

Sound understanding of AML/CFT/CPF & TFS regulations and operational requirements.

Strong analytical and investigative skills with attention to detail.

Ability to provide clear, practical AML advisory to business and operations teams.

Good stakeholder management and communication skills.

Ability to work independently while collaborating effectively within a team.

Strong documentation and reporting capabilities.

JR00000519 Hey Malaysia, we’re Ryt Bank—your first AI-powered digital bank! Formed by the consortium of YTL Digital Capital Sdn Bhd and Sea Limited, two of Southeast Asia’s leading innovators, we’re here to reshape banking in Malaysia. At Ryt Bank, we believe in empowering you with fast, easy, and secure financial solutions that are as inclusive as they are innovative. It’s not just about banking—it’s about your right to better banking. Operating under YTL Digital Bank Berhad [Reg. No. 202201037182 (1482879-P)], we are fully licensed by Bank Negara Malaysia and Ministry of Finance. Excited? The Ryt Bank app is launching soon. Get ready for a new era of banking—one that’s done right!