Specialist, Customer & Enhanced Due Diligence

YTL Digital Bank Berhad (Registration No. 202201037182 (1482879-P); Kuala Lumpur; On-site; MYR 60,000 - 120,000; Full time

Job summary

Ryt Bank seeks an AML/KYC Specialist to perform CDD, EDD, and ODD for onboarding of customers, ensuring regulatory compliance and risk management. You will analyze Source of Funds/Wealth, monitor for unusual activities, and collaborate with compliance teams.

This role requires 2–5 years in AML or financial crime, with strong documentation and communication skills, in a fast-paced banking environment.

Qualifications

• KYC/CDD/EDD and AML/CFT knowledge.
• Strong analytical and investigative capabilities.
• Attention to detail and strong documentation.
• Good written and verbal communication skills.

Responsibilities

• Perform onboarding due diligence for individuals and corporates including KYC verification and risk profiling.
• Conduct EDD for high-risk customers including SOF/SOW analysis and adverse media review.
• Perform ODD through periodic KYC reviews and trigger-based updates.
• Apply risk-based approach and escalate high-risk cases to Compliance for action.
• Maintain audit-ready case documentation and support audits.

Skills

Analytical skills

Investigative skills

Attention to detail

Documentation skills

Communication skills

Education

Degree in Finance, Business, Law, or related field

Job description

Role Purpose:

The role is responsible for performing Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and Ongoing Due Diligence (ODD) to ensure customers are properly identified, risk-assessed, and continuously monitored in accordance with AML/CFT regulatory requirements and internal policies.

Key Responsibilities:

• Perform onboarding due diligence for individual and corporate customers, including KYC verification, sanctions/PEP/adverse media screening, and customer risk profiling, while identifying and escalating any inconsistencies or red flags during onboarding
• Conduct EDD for high-risk customers such as PEPs, customers from high-risk jurisdictions, and complex ownership structures, including analysis of Source of Funds (SOF), Source of Wealth (SOW), adverse media review, and providing clear risk assessment and onboarding recommendations
• Perform ODD through periodic and trigger-based KYC reviews (e.g., unusual transactions, profile changes, system alerts), ensuring customer information remains accurate and risk ratings are regularly reassessed based on behavioral and transactional changes
• Apply a risk-based approach in evaluating customer profiles and activities, escalating high-risk or suspicious cases to Compliance, and supporting decisions on account restriction, monitoring, or closure where necessary
• Maintain accurate, complete, and audit-ready case documentation, ensuring compliance with AML/CFT policies, internal SOPs, and regulatory requirements, and supporting internal and external audit requests when required
• Collaborate closely with onboarding, fraud, transaction monitoring, and compliance teams, provide insights on emerging risk trends and typologies, and support continuous process improvement and operational efficiency initiatives

Key Requirements:

• Degree in Finance, Business, Law, or related field 2-5 years' experience in AML, CDD, EDD, or financial crime roles (senior level requires more experience) Banking, fintech, or regulatory background preferred Strong understanding of AML/CFT regulations Knowledge of KYC/CDD/EDD frameworks and risk-based approach Analytical and investigative skills Strong attention to detail and documentation skills.
• Good written and verbal communication skills.
• Ability to work in a fast-paced, high-volume environment.

Company Description

JR00000663 Hey Malaysia, we are Ryt Bank - your first AI-powered digital bank, fully licensed by Bank Negara Malaysia and the Ministry of Finance, and a member of PIDM. Backed by YTL Digital Capital Sdn. Bhd. and Sea Limited, we bring together decades of experience and digital innovation to reimagine what banking should be: smarter, simpler, and built entirely around you. The future of banking is here, and it's done right. If you're bold, curious, and ready to make a difference, you're in the Ryt place.