Compliance & Risk Officer

Sunway Group; Subang Jaya; On-site; MYR 60,000 - 90,000; Full time

Job summary

Sunway Group in Malaysia seeks an AML/CFT/Compliance professional to support the Head of Department across governance, training, and ongoing due diligence. The role includes surveillance monitoring, watchlist screening, and reviewing customer onboarding in line with AML/CFT regulations.

You will assist in developing frameworks, policies and controls to ensure regulatory adherence, and work with business, legal and audit teams to identify and remediate gaps.

Qualifications

• 3–5 years’ experience in AML/CFT, compliance, risk or audit in financial services.
• Bachelor’s Degree in a related field; professional AML/CFT accreditation is a plus.
• Understanding of regulatory requirements and guidance from Bank Negara Malaysia and authorities.

Responsibilities

• Assist Head of Department in Compliance, Governance and Training and in due diligence duties.
• Assist to establish and improve frameworks, policies, procedures and controls for AML/CFT compliance.
• Perform watchlist screening, customer due diligence, enhanced due diligence, and periodic reviews.
• Collaborate with business, legal and audit teams to monitor compliance and risk management.
• Review new products/services for compliance impact and prepare timely reports.

Skills

Attention to detail

Analytical thinking

Investigative reasoning

Problem solving

Education

Bachelor’s Degree in related field

Tools

Microsoft Office

Excel

Word

PowerPoint

Job description

• Responsible to assist the Head of Department for the Company’s Compliance functions, including Governance and Training (such as compliance policy, compliance assessment, training and certification) and Ongoing Due Diligence (such as surveillance monitoring, transaction monitoring, suspicious transaction report review/submission and customer onboarding review).
• Responsible to assist the Head of Department for the Company’s Risk Management functions.
• Assist to establish, implement and continuously improve frameworks, policies, procedures, processes and controls, etc. to ensure compliance by the Company with all laws, regulations and guidelines, including anti-money laundering (AML) and counter financing of terrorism (CFT) rules and regulations.
• Conduct and perform checker function on watchlist screening, customer due diligence, enhanced due diligence, periodic reviews, transaction activity checks and other reviews/investigations in accordance with AML/CFT requirements. Analyse false positive matches and make recommendations to enhance the AML/CFT monitoring.
• Assist the Head of Department and work closely with the Company’s business, legal and audit functions to monitor and test the adequacy of the Company’s compliance and risk management efforts. Recommend preventive and corrective measures, and elevate any issues where non-compliance is not addressed.
• Assist to review and provide advice and recommendations on new products/services and processes.
• Prepare and co-ordinate timely submission of all reports, ensure proper documentation of reviews.
• Keep abreast on compliance and risk management issues and relevant industry trends
• Any other duties as and when assigned from time to time.

Job Requirements:

• 3 - 5 years’ experience in an AML/CFT, compliance, risk or audit role in the banking, insurance, remittance or fund management industry
• At least Bachelor’s Degree in a related field, preferably in law, management, banking, finance or accounting. Professional accreditation or certification in AML/CFT will be an added advantage
• An understanding of the regulatory requirements and interpretation of rules & guidance issued by Bank Negara Malaysia and the relevant authorities
• Aptitude for accuracy and attention to details; Strong investigative, reasoning, analytical and problem-solving skills
• Familiar with Microsoft office (Excel, Word and Powerpoint)

*Our recruitment team will reach out to shortlisted candidates only.