Manager/Deputy Manager, AML/CFT

Industrial and Commercial Bank of China (Malaysia) Berhad; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

Industrial and Commercial Bank of China (Malaysia) Berhad (ICBC Malaysia) seeks an AML/CFT compliance professional to perform daily AML/CFT/CPF/Sanction operations, KYC reviews, transaction monitoring, and sanction list management in line with Bank Negara Malaysia and the Parent Bank.

The role requires 6–8 years in AML/CFT within banking, strong communication skills, and fluency in English and Mandarin; proficiency in Mandarin is a bonus for handling Head Office documentation from China.

Qualifications

• Bachelor Degree and professional qualification in Business, Science Analytic or related discipline.
• At least 6 - 8 years of banking industry experience in AML/CFT related field.
• Possess relevant knowledge of AML/CFT & Sanction.
• Professional qualification in AML/CFT will be added advantage
• Good interpersonal and communication skills, with the ability to interact with branches/ business departments.
• Conversant in English and Mandarin. Proficiency in Mandarin shall be an added advantage while handling documentations for Head Office in China.

Responsibilities

• Execute daily AML/CFT/CPF/Sanction operations in a timely manner including KYC reviews, transaction monitoring alerts, sanction name list management.
• Execute annual AML/CFT/CPF/Sanction work plan including compliance testing, risk assessments and procedure reviews.
• Attend to regulatory and parent bank reporting requests and prepare periodic reports for senior management and the board.
• Coordinate and conduct AML/CFT/CPF/Sanction training sessions for departments/branches/staff.
• Promote compliance awareness and share AML updates; support system enhancements and user acceptance testing.
• Undertake ad-hoc assignments as directed by Head of Department or Senior Management.

Skills

AML/CFT knowledge

Regulatory reporting

Interpersonal skills

English

Mandarin

Education

Bachelor's degree and professional qualification in Business/Science/related

Tools

BRAINS

STORMS

UAT

Job description

Execute daily AML/CFT/CPF/Sanction operations in a timely manner including KYC reviews, transaction monitoring alerts, sanction name list management in accordance with the requirements of Bank Negara Malaysia and the Parent Bank.

Execute annual AML/CFT/CPF/Sanction work plan in a timely manner including compliance testing, product AML risk assessment, parameter reviews and revise the Bank’s AML/CFT/CPF/Sanction related procedures.

Timely attend to periodic and ad-hoc reporting requests from regulators and the Parent Bank.

Prepare AML/CFT/CPF/Sanction periodic reports for submission to the Senior Management Committee, AML/CFT Committee, Board Committee and/or the Board of Directors.

Attend to enquiries and requests for documents/information from Law Enforcement Agencies (LEA).

Assists in coordinating and conducting AML/CFT/CPF/Sanction training sessions for relevant departments/branches/staff.

Assists to promote compliance awareness among staff by sharing best practices, AML related updates and Newsletter.

Propose and support system enhancements (e.g. BRAINS, STORMS) to improve existing processes, perform system review, optimizations, upgrades and perform User Acceptance Testing (UAT).

Undertake and complete any ad-hoc assignments as assigned by the Head of Department and / or Senior Management.

JOB REQUIREMENTS

Bachelor Degree and professional qualification in Business, Science Analytic or related discipline.

At least 6 - 8 years of banking industry experience in AML/CFT related field.

Possess relevant knowledge of AML/CFT & Sanction.

Professional qualification in AML/CFT will be added advantage

Good interpersonal and communication skills, with the ability to interact with branches/ business departments.

Conversant in English and Mandarin. Proficiency in Mandarin shall be an added advantage while handling documentations for Head Office in China.

Industrial and Commercial Bank of China (Malaysia) Berhad ("ICBC Malaysia") is a wholly-owned subsidiary of ICBC, established in 2010 and headquartered in Kuala Lumpur. The Bank operates five branches in Kuala Lumpur, Johor Bahru, Kuching, Labuan and Penang. As a key ICBC presence in Southeast Asia, ICBC Malaysia leverages ICBC’s global network to support cross-border trade and investment. The Bank provides services including corporate banking, personal banking, trade finance and cash management, serving enterprises and individuals. ICBC Malaysia is also a Vice President Member of the China Enterprises Chamber of Commerce in Malaysia. Talented professionals are welcome to join us.

Industrial and Commercial Bank of China (Malaysia) Berhad ("ICBC Malaysia") is a wholly-owned subsidiary of ICBC, established in 2010 and headquartered in Kuala Lumpur. The Bank operates five branches in Kuala Lumpur, Johor Bahru, Kuching, Labuan and Penang. As a key ICBC presence in Southeast Asia, ICBC Malaysia leverages ICBC’s global network to support cross-border trade and investment. The Bank provides services including corporate banking, personal banking, trade finance and cash management, serving enterprises and individuals. ICBC Malaysia is also a Vice President Member of the China Enterprises Chamber of Commerce in Malaysia. Talented professionals are welcome to join us.