Compliance Executive

5G-Starlink Pte.; Malacca City; On-site; MYR 100,000 - 150,000; Full time

Job summary

A financial technology company located in Malaysia is seeking a candidate for a Transaction Monitoring role. The position requires proficiency in Microsoft Office suite, especially advanced Excel skills. Responsibilities include conducting transaction monitoring, ensuring compliance with regulations, and performing customer due diligence. The ideal candidate should be sensitive to figures, able to work independently, and will have the opportunity to participate in new product development related to anti-money laundering policies.

Qualifications

• Must possess proficiency with Microsoft Office suite including advanced Excel.
• Sensitive to figures and able to apply professional skepticism.
• Experience in fast-growing transactional/technology company is an advantage.
• Able to work independently with minimum supervision.
• Open to working on public holidays.

Responsibilities

• Understand and deal with compliance matters imposed by local central bank.
• Conduct transaction monitoring/analysis to detect suspicious transactions.
• Review compliance alerts and prepare ongoing monitoring reports.
• Assist in establishing mechanisms and formulate procedures for AML/CFT policies.
• Participate in new product development to assess potential ML/TF risks.

Skills

Proficiency with Microsoft Office suite

Advanced Excel skills (V Lookup, Pivot Tables, Macro)

Basic accounting knowledge

Sensitivity to figures and professional skepticism

Ability to work independently

Job description

• Must be proficiency with Microsoft Office suite, including advanced Excel (V Lookup, Pivot Tables, Macro etc.), Access, statistical technique and basic understanding of accounting knowledge.
• Sensitive to figures and able to apply professional scepticism
• Having experience in fast-growing transactional/technology company is an advantage
• Able to work independently with minimum supervision
• Take turn work on public holidays
• Malaysian Only

Transaction Monitoring

Responsibility:

• Understand and deal with compliance matter imposed by local central bank
• Conduct transaction monitoring/analysis to detect suspicious transaction and raise internal Suspicious transaction report
• Review the compliance alerts and prepare periodic ongoing monitoring reports
• Conduct periodical review on customers for any material change in the business relationship is operated and update any change in customers information
• Assist in establish mechanisms and formulate procedures to implement AML/CFT policies and internal controls
• Participate in new product development and business practices to assess the potential ML/TF risks
• Assess the adequacy of implementing the AML/CFT Compliance program

Onboarding

Responsibility:

• Implementing AML/CFT Compliance Policy and Procedures approved by Board and senior management.
• Perform customer due diligence (CDD)/enhanced customer due diligence (ECDD) for remittance partner onboarding, which includes assessing the prospect remittance partners AML/CFT Compliance program implementation and relevant CDD/EDD documents.
• Conduct ongoing CDD/EDD on customers/remittance partners for any material change in the business relationship and update any change in customers information
• Conduct transaction monitoring/analysis to detect suspicious transaction and raise internal Suspicious transaction report
• Review the compliance alerts and prepare periodic ongoing monitoring reports
• Assist in establishing mechanisms and formulate procedures to implement AML/CFT policies and internal controls
• Participate in new product development and business practices to assess the potential ML/TF risks
• Assess the adequacy of implementing the AML/CFT Compliance program