Compliance Officer

NBL MONEY TRANSFER SDN BHD; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Benefits offered by this job

Professional development opportunities

Job summary

NBL Money Transfer Sdn Bhd is seeking a Compliance professional to ensure adherence to AMLA 2001, AML/CFT/CPF requirements and related regulations in Malaysia. The role covers CDD, EDD and ongoing customer monitoring, with emphasis on sanctions screening and reporting.

You will review customer risk assessments, guide staff on compliance, and assist during inspections and audits while maintaining robust records and implementing a risk-based approach for the branch network.

Qualifications

• Bachelor's degree in a related discipline and sound knowledge of AML/CFT/CPF requirements.
• Experience in Compliance, AML/CFT, Risk Management, Internal Audit, Banking or Money Services Business.
• Strong reporting, analytical and communication abilities.

Responsibilities

• Ensure compliance with AMLA 2001, AML/CFT/CPF policy documents and related regulations.
• Perform CDD, EDD, and ongoing customer monitoring.
• Conduct sanctions, PEP, and adverse media screening.
• Monitor transactions and identify suspicious activities.
• Assist in STRs, regulatory reports, and audits.
• Maintain risk-based approach across the business and branch monitoring.
• Provide AML/CFT/CPF guidance and training to employees.
• Support Bank Negara Malaysia examinations and internal/external audits.
• Keep compliance records and prepare reports for Senior Management and Board.
• Monitor regulatory developments and update policies accordingly.

Skills

Analytical skills

Communication skills

Report writing

Microsoft Office

English

Bahasa Malaysia

Education

Bachelor's Degree in Law, Finance, Accounting, Business Admin, Banking, or Risk Management

Job description

This role focuses on ensuring the Company's compliance with Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA), Bank Negara Malaysia's AML/CFT/CPF Policy Documents applicable to Money Services Businesses, Money Services Business Act 2011 and related regulations, and other applicable regulatory requirements and internal policies.

Key responsibilities

Perform Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and ongoing customer monitoring (ODD)

Conduct sanctions, Politically Exposed Person (PEP), and adverse media screening

Monitor customer transactions and identify unusual or suspicious activities

Assist in the investigation and reporting of Suspicious Transaction Reports (STRs) and other regulatory reports where required

Review customer risk assessments and ensure proper implementation of the Risk-Based Approach (RBA)

Conduct compliance reviews and branch monitoring activities

Provide AML/CFT/CPF guidance and training to employees

Assist during Bank Negara Malaysia examinations, internal audits, and external audits

Maintain compliance records and prepare reports for Senior Management and the Board of Directors

Monitor regulatory developments and recommend updates to policies and procedures

About you

Bachelor's Degree in Law, Finance, Accounting, Business Administration, Banking, Risk Management, or a related discipline

Minimum 2–3 years of experience in Compliance, AML/CFT, Risk Management, Internal Audit, Banking, Financial Services, or Money Services Business

Good knowledge of Money Services Business Act 2011, AMLA 2001, Bank Negara Malaysia AML/CFT/CPF requirements, Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), sanctions and PEP screening, and Suspicious Transaction Reporting

Strong analytical, communication, and report-writing skills

High level of integrity, professionalism, and confidentiality

Proficiency in Microsoft Office applications

Fluency in English and Bahasa Malaysia

AML/CFT/CPF Module 01 to Module 04 is an added advantage

Professional certification in AML/CFT/CPF or Compliance (e.g., CAMS or equivalent) is an added advantage

Experience in a licensed Money Services Business or financial institution is preferred

NBL Money Transfer Sdn Bhd, Malaysia, Company No. 823952-T, a wholly owned subsidiary of National Bank Limited, Bangladesh. The Central Bank of Bangladesh (Bangladesh Bank) vide their letter no. BRPD(M)204/04/2008-87 dated: 07/12/2008 and Bank Negara Malaysia vide their letter no. KL.EC.150/1/8494 dated 13/01/2009 has accorded their kind approval for floating the company in Malaysia.

The Company has been incorporated in Malaysia in the year 2008 with an authorized capital of RM 1.00 million & presently authorized capital of RM 2.5 million. The Company is fully be managed by National Bank Ltd, Bangladesh by deputing Officials including it's Chief Executive Officer.

The Company currently operating with 9 (Nine) branches in different city's of Malaysia by ensuring robust security and internal control system while the risk management arrangement between Head Office and all the Branches will also be instituted. The entire Branches are running smoothly with profitable position and transactions are increasing day by day for ensuring better service to customers.

NBL Money Transfer Sdn Bhd, Malaysia, Company No. 823952-T, a wholly owned subsidiary of National Bank Limited, Bangladesh. The Central Bank of Bangladesh (Bangladesh Bank) vide their letter no. BRPD(M)204/04/2008-87 dated: 07/12/2008 and Bank Negara Malaysia vide their letter no. KL.EC.150/1/8494 dated 13/01/2009 has accorded their kind approval for floating the company in Malaysia.

The Company has been incorporated in Malaysia in the year 2008 with an authorized capital of RM 1.00 million & presently authorized capital of RM 2.5 million. The Company is fully be managed by National Bank Ltd, Bangladesh by deputing Officials including it's Chief Executive Officer.

The Company currently operating with 9 (Nine) branches in different city's of Malaysia by ensuring robust security and internal control system while the risk management arrangement between Head Office and all the Branches will also be instituted. The entire Branches are running smoothly with profitable position and transactions are increasing day by day for ensuring better service to customers.

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