Circle Lead, AML/CFT Surveillance & Monitoring

RHB Banking Group; Kuala Lumpur; On-site; MYR 90,000 - 130,000; Full time

Benefits offered by this job

Competitive remuneration

Professional development opportunities

Collaborative and inclusive work environment

Job summary

A prominent banking institution in Kuala Lumpur is seeking a strategic Circle Lead, AML/CFT Surveillance & Monitoring. This role involves overseeing AML/CFT transactions, ensuring regulatory compliance, and providing leadership across the Group. The ideal candidate should have strong AML/CFT knowledge, leadership experience, and excellent communication skills. The company promotes a supportive culture with competitive remuneration and professional development opportunities.

Qualifications

• Strong knowledge of AML/CFT regulatory requirements and industry best practices.
• Proven experience in AML/CFT surveillance, monitoring, and compliance review.
• Excellent leadership and technical advisory skills, with the ability to guide teams effectively.
• Strong analytical and problem-solving capabilities.
• Effective communication and stakeholder engagement skills, including reporting to senior management and regulators.

Responsibilities

• Provide leadership and technical guidance in monitoring AML/CFT transactions.
• Oversee monitoring of transactions and AML system alerts across SBGs/SFGs.
• Act as liaison with regulators on AML/CFT matters, including submission of CTRs and STRs to BNM.
• Ensure procedures for monitoring and reporting suspicious transactions are in place.
• Lead AML/CFT Compliance Reviews and Quality Assurance Reviews at the Group level.

Job description

About The Role

We are looking for a strategic and experienced Circle Lead, AML/CFT Surveillance & Monitoring to join RHB Banking Group. In this role, you will provide leadership and technical guidance in monitoring AML/CFT transactions, implementing the Group’s policies, and ensuring compliance with regulatory requirements. You will play a key role in shaping AML/CFT practices across the Group, liaising with regulators, and supporting the Board and senior management with timely insights and reporting.

What You Will Be Doing

Strategy and Planning

• Participate in and provide advice on the development of the Group’s AML/CFT standards, guidance, and policies.
• Provide direction and technical advice to subordinates, facilitate problem solving, and share critical information.

Operations

• Oversee monitoring of transactions and AML system alerts across SBGs/SFGs and ensure effective alerts management.
• Act as liaison with regulators on AML/CFT matters, including submission of CTRs and STRs to BNM.
• Work with the group to implement key requirements and customize processes to align with business operations.
• Ensure the Group’s AML/CFT standards and policies are effectively implemented in all business units and functions.
• Conduct systematic reviews and follow-ups using agreed methodologies, recommend improvements, and report evaluations to the Head, Group AML Practice.
• Ensure procedures for monitoring and reporting suspicious transactions are in place and adhered to.
• Provide timely reporting on AML/CFT matters to the Board and relevant Board Committees.
• Lead AML/CFT Compliance Reviews and Quality Assurance Reviews at the Group level to ensure robust control implementation.
• Manage the overall submission of Suspicious Transaction Reports (STRs) to BNM.
• Communicate AML/CFT compliance trends, challenges, gaps, policy updates, and regulatory updates from BNM to branches and business units.

What We’re Looking For

• Strong knowledge of AML/CFT regulatory requirements and industry best practices.
• Proven experience in AML/CFT surveillance, monitoring, and compliance review.
• Excellent leadership and technical advisory skills, with the ability to guide teams effectively.
• Strong analytical and problem-solving capabilities.
• Effective communication and stakeholder engagement skills, including reporting to senior management and regulators.

What We Offer

At RHB Banking Group, we foster a collaborative and inclusive work environment that empowers employees to reach their full potential. We offer competitive remuneration, professional development opportunities, and a supportive culture that encourages growth and excellence.