Compliance Executive

5G-Starlink Pte.; Malacca City; On-site; MYR 60,000 - 90,000; Full time

Job summary

5G-Starlink Pte. is seeking an AML/CFT Compliance Analyst to help monitor transactions and onboard customers in a fast-growing financial services environment in Malaysia.

The role includes conducting due diligence, reviewing alerts, updating customer information, and supporting the development of AML/CFT controls. Strong analytical skills and proficiency with MS Office are required; Malaysian eligibility is essential.

Qualifications

• Must be proficient with Microsoft Office suite, including advanced Excel (VLOOKUP, Pivot Tables, Macro), Access, statistics and basic accounting knowledge.
• Sensitive to figures and able to apply professional scepticism.
• Experience in a fast-growing transactional/technology company is an advantage.
• Able to work independently with minimum supervision.
• Willing to take turns working on public holidays.
• Malaysian citizen or permanent resident only.

Responsibilities

• Understand and deal with compliance matters imposed by local central bank.
• Conduct transaction monitoring/analysis to detect suspicious transactions and raise Suspicious Transaction Reports.
• Review compliance alerts and prepare periodic ongoing monitoring reports.
• Conduct periodic reviews on customers for material changes in the business relationship and update customer information.
• Assist in establishing mechanisms and formulating procedures to implement AML/CFT policies and controls.
• Participate in new product development to assess potential ML/TF risks.
• Assess adequacy of AML/CFT compliance program implementation.
• Onboarding: implement AML/CFT policy and perform due diligence for remittance partner onboarding.
• Conduct ongoing CDD/EDD on customers/remittance partners for material changes and update information.
• Perform transaction monitoring to detect suspicious activity and report accordingly.
• Review alerts and prepare ongoing monitoring reports.
• Assist in establishing procedures to implement AML/CFT policies and controls.
• Participate in new product development to assess ML/TF risks.
• Assess adequacy of AML/CFT program implementation.

Skills

Advanced Excel

VLOOKUP

Pivot Tables

Macro

Access

Statistics

Accounting basics

Independent work

Public holiday rotation

MS Office

Job description

• Must be proficiency with Microsoft Office suite, including advanced Excel (V Lookup, Pivot Tables, Marco etc.), Access, statistic 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 formylate 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