FVP/ SVP- KYC/CDD/Onboarding

Jobstreet Malaysia; Kuala Lumpur; On-site; MYR 120,000 - 150,000; Full time

Job summary

A financial institution in Kuala Lumpur is seeking an experienced professional to oversee KYC operations and compliance management. The role involves enhancing operational efficiency, managing a team, and ensuring compliance with AML/CFT policies. The ideal candidate will have over 12 years of experience in KYC, strong leadership skills, and relevant certifications. Competitive compensation and comprehensive benefits are provided.

Qualifications

• Proven track record in KYC, CDD, and financial crimes risk management.
• 12+ years of experience required.
• Demonstrated leadership experience in managing teams.

Responsibilities

• Support Head of AFC Operations with AML CDD strategic program.
• Collaborate with stakeholders to improve operational efficiency.
• Review and approve due diligence profiles for high-risk customers.

Skills

KYC and CDD expertise

Financial crimes risk management

Stakeholder management

Team leadership

Regulatory compliance

Education

Certifications such as CAMS

Diploma in AML

Job description

Responsibilities

Strategic Program Oversight: Support the Head of AFC Operations (Center of Excellence) in executing the AML CDD strategic program for the Corporate and Investment Banking segments.

Process Enhancement: Collaborate with stakeholders to improve operational efficiency and ensure consistent implementation of Group Compliance AML/CFT policies and frameworks.

Policy and Procedure Management: Update local Standard Operating Procedures (SOPs) and workflows to enhance operational effectiveness.

Training and Reporting: Conduct AFC-related training sessions and provide timely management reports.

Risk Management: Identify potential concerns and proactively share best risk management practices.

Service Level Agreement (SLA) Compliance: Ensure that agreed SLAs are met.

Due Diligence Oversight: Review and approve due diligence profiles for complex and high-risk customers across all jurisdictions.

Audit and Compliance Support: Assist in managing queries during external/internal audits and regulatory reviews.

Team Management: Oversee KYC teams performing CDD to meet bank and regulatory requirements.

Performance Monitoring: Focus on procedures and processes to achieve satisfactory scores for Key Operational Risk Indicator (KORI) metrics.

Global Coordination: Manage business efficiency of overseas branch entities via a centralization platform, ensuring policies and standards are updated to reflect best practices.

Registry Maintenance: Maintain the SWIFT KYC Registry by uploading bank information and responding to Requests for Information (RFIs) from counterpart banks.

Regulatory Reporting: Support FATCA and CRS reporting matters.

Requirements

Experience: Proven track record in KYC, CDD, and financial crimes risk management, with experience in analysing complex strategic issues related to AML/CFT.

12+ Years of experience.

Leadership: Demonstrated experience in managing teams, developing, coaching, and growing staff.

Stakeholder Management: Ability to advise senior stakeholders confidently and knowledgeably on due diligence matters.

Integrity and Judgment: Strong commitment to the bank's anti-financial crime policies, with the ability to balance commercial objectives with prudent judgment.

Certifications: Certifications such as CAMS (Certified Anti-Money Laundering Specialist) or a Diploma in AML from a recognized institution are advantageous.