Compliance Senior Manager, Financial Crime

Zurich 56 Company Ltd; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

A leading financial services company is seeking a Compliance Senior Manager for Financial Crime to lead compliance efforts and manage risks. The successful candidate will have a bachelor's degree in a related field and at least 7 years of experience in compliance. Responsibilities include managing compliance teams, reviewing transaction alerts, and preparing management reports. The role requires strong analytical and communication skills, along with a proactive attitude toward compliance management.

Qualifications

• Minimum of 7 years of relevant experience in compliance.
• Solid understanding of financial services laws and regulations.
• Knowledge of local AML and sanctions requirements.

Responsibilities

• Manage a team of compliance professionals and ensure the compliance strategy is aligned with business objectives.
• Conduct reviews of AML transaction monitoring systems and escalate suspicious activities.
• Prepare Management Information and reports for the Governance Committee.

Skills

Strong interpersonal skills

Analytical skills

Communication skills

Proactive attitude

Education

Bachelor’s degree in Accounting, Finance, Business, or Law

Job description

Compliance Senior Manager, Financial Crime

125587

Role Overview:

Manages a team of compliance professionals to promote an ethics-based culture. The role involves delivering practical solutions, guidance, and training while identifying and managing moderately complex Financial Crime Compliance Risks for mid-sized businesses. This includes implementing policies, processes, and controls related to the Financial Crime Compliance Risk Universe and interacting with supervisory bodies whenever required.

Key Responsibilities:

1. Ensure the compliance strategy is aligned with the business strategy, legal requirements, and industry trends.
2. Promote an ethics-based culture through training and awareness activities, and provide management with relevant metrics.
3. Assess new laws and trends, their applicability, and implementation to Zurich’s operations in the jurisdiction, in alignment with Legal, to ensure all Financial Crime Compliance Risks are fully identified and managed.
4. Conduct reviews of alerts triggered by Group-approved AML transaction monitoring systems, escalate suspicious AML/CFT activities from business/support units, and handle cases arising from other relevant sources (e.g., adverse news in media) in accordance with Group standards.
5. Liaise with relevant business and operational functions to embed Group and local regulatory requirements in business procedures and facilitate the design and implementation of operational controls.
6. Prepare Management Information and monthly reports for the Group Compliance and AML Governance Committee.
7. Perform Institutional Risk Assessments, identify any gaps, and take necessary actions to close those gaps.
8. Conduct internal quality assurance reviews on business processes to ensure compliance with local and Group requirements.
9. Provide advisory support as needed.

Job Requirements:

• A solid understanding of banking and financial services laws and regulations, best practices in compliance, and knowledge of financial products and systems.
• A Bachelor’s degree in Accounting, Finance, Business, or Law, with a minimum of 7 years of relevant experience.
• Knowledge of local AML and sanctions requirements (both legal and regulatory).
• Strong interpersonal and communication skills, with a self-motivated attitude.
• Proactive, demonstrating initiative and continuously seeking areas for improvement.
• Excellent written and spoken communication skills in English and the local language.
• Strong analytical and presentation skills.

You are the heart & soul of Zurich!

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking "What can go right?"

We highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage you to apply for new opportunities within Zurich when you are ready for your next career step.

Let’s continue to grow together!