Compliance & Risk Officer (Level 2)

Sunway Money Sdn Bhd; Subang Jaya; On-site; MYR 150,000 - 200,000; Full time

Job summary

A licensed remittance service provider in Malaysia seeks a Compliance and Risk Management Officer. The candidate will assist the Head of Department in compliance functions, perform customer due diligence, and establish compliance frameworks. A Bachelor's degree in a related field and 2-5 years of experience in AML/CFT or compliance roles are required. Proficiency in written and spoken Chinese is advantageous. This role offers an opportunity to work in a dynamic and regulated financial environment.

Qualifications

• 2-5 years’ experience in an AML/CFT, compliance, risk or audit role in relevant industries.
• Professional accreditation or certification in AML/CFT is an advantage.
• Good understanding of regulatory requirements by Bank Negara Malaysia.

Responsibilities

• Assist in compliance functions including training and ongoing due diligence.
• Implement frameworks and policies for compliance with laws and regulations.
• Conduct customer due diligence and transaction monitoring.

Skills

Attention to details

Investigative skills

Analytical skills

Problem-solving skills

Proficiency in Chinese

Education

Bachelor’s Degree in relevant field

Tools

Microsoft Excel

Microsoft Word

Microsoft Powerpoint

Job description

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Sunway Money is a 100% owned subsidiary of Sunway Berhad, which is one of the largest conglomerates listed on Bursa Malaysia. We are Malaysia’s first completely online & licensed remittance house wholly owned by a Malaysian public listed company. Sunway Money's remittance services enable you to send money overseas at one of the cheapest service fee in town and is fully licensed by Bank Negara Malaysia.

For more info: https://sunwaymoney.com/

Key Duties & Responsibilities:

• 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 escalate 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:

• 2-5 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
• Proficiency in written and spoken Chinese is an added advantage
• Familiar with Microsoft office (Excel, Word and Powerpoint)
• *Our recruitment team will reach out to shortlisted candidates only.

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Your application will include the following questions:

• Which of the following statements best describes your right to work in Malaysia?
• What’s your expected monthly basic salary?
• Which of the following types of qualifications do you have?
• How many years' experience do you have as a Risk Officer?
• Which of the following Microsoft Office products are you experienced with?
• Which of the following languages are you fluent in?
• Are you willing to undergo a pre-employment background check?
• How much notice are you required to give your current employer?

Fully licensed by Bank Negara and powered by Sunway Group, Sunway Money is committed to providing our customers with the safest and most efficient international transactions.

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