Manager/ Assistant Manager – AMLA & Compliance

Hap Seng; Kuala Lumpur; On-site; MYR 30,000 - 60,000; Full time

Job summary

An established industry player seeks a dedicated Anti-Money Laundering Compliance Associate to enhance its compliance efforts. This role involves planning and implementing strategies to ensure adherence to AML/CFT regulations, daily monitoring of accounts, and preparing training programs for staff. The ideal candidate will possess a Bachelor's degree and relevant experience in compliance functions, showcasing their ability to interpret complex regulations. Join a forward-thinking organization that values operational excellence and sustainability, and contribute to a culture of compliance and integrity.

Qualifications

• More than 3 years experience in AML/CFT compliance or risk management.
• Ability to interpret BNM Policy Documents and government regulations.

Responsibilities

• Plan and implement strategies to ensure compliance with AML/CFT requirements.
• Daily monitoring of accounts for cash threshold limits and irregular payments.
• Prepare training programs for new joiners and existing staff.

Skills

Anti-Money Laundering (AML)

Compliance Management

Risk Management

Training and Development

Document Interpretation

Education

Bachelor's Degree in related field

AML Certification (CAMCO)

Job description

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Responsibilities:

• Planning and implementing strategies to ensure compliance with the AML/ CFT requirements.
• Regular assessment of the AML/ CFT mechanism such that it is effective and sufficient to address any change in ML/ TF trends.
• Daily monitoring of all accounts of Hap Seng Credit (HSC) for cash threshold limit and irregular payments that trigger Red Flags.
• Investigate and prepare STR (Suspicious Transaction Report) for submission to Bank Negara Malaysia (BNM).
• To ensure On-Going Due Diligence of all accounts and all HSC staff due for review are done timely.
• Prepare and plan training program for new joiners and existing staff.
• To prepare and collect data for report (Data Compliance Report) to BNM.
• To review and recommend system requirement to capture complete and accurate data for reporting purposes.
• To support Business Centers appointed Compliance Officers.
• To review existing AMLA documents e.g. CDD/ EDD to comply to changes.
• Act as a liaison to Group Compliance in relation to PDPA and any other compliance matters.
• To identify overall inefficiencies, improve compliance, and strengthen operational processes.
• To develop and implement policies and practices necessary for the Company to meet its obligations under the PDPA.
• To develop compliance program to ensure effectiveness and efficiency of management controls/ SOPs.

Job Requirements:

• Bachelor's Degree in any related field. Candidates with AMLA certified e.g. Certified Anti-Money Laundering & Counter Financing of Terrorism Compliance Officer (CAMCO) or any other related certification will be an added advantage.
• Candidates must possess more than 3 years of working experience, preferably with background on AML/ CFT compliance functions or risk management or in audit or security documentation where strict compliance to T&C is required.
• Possess ability to read and interpret documents such as BNM Policy Documents, government regulations, internal controls, and instruction manuals, including Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 or AMLA 2001.
• Able to interact with team members at all levels of the organization professionally, including the ability to provide training to staff.
• Assist in the development, implementation and maintenance of an Anti-Money Laundering program within the company.
• 1 full-time position is available at Menara Hap Seng, KL.

Working Hours:

Monday to Thursday : 9.00am to 6.00pm
Friday : 9.00am to 5.30pm
Alternate Saturday : 9.00am to 12.30pm

Application Process:

Your application will include the following questions:

• What's your expected monthly basic salary?
• Which of the following statements best describes your right to work in Malaysia?
• Are you willing to undergo a pre-employment background check?
• How many years' experience do you have as an Anti Money Laundering Compliance Associate?

Hap Seng Consolidated Berhad (“HSCB”) is a public company listed on the Main Market of Bursa Malaysia Securities Berhad. HSCB is a diversified group with six core businesses namely plantation, property, credit financing, automotive, trading and building materials.

Progressive and forward-looking, the Group’s emphasis on value creation, operational excellence and sustainability has enabled the Group to consistently deliver value to our shareholders.