Team Member, MY TM Team 4 (L1)

RHB Banking Group; Selangor; On-site; MYR 60,000 - 90,000; Full time

Job summary

A leading banking institution in Malaysia is seeking a professional to investigate and assess transactions related to money laundering and terrorist financing. The role involves ensuring compliance with regulatory requirements and performing quality reviews on suspicious transactions. Candidates should be familiar with Anti-Money Laundering practices and regulations. This position offers a crucial role in maintaining the integrity of financial transactions.

Responsibilities

• Identify and protect the institution from transactions related to money laundering.
• Investigate and assess Transaction Monitoring alerts for potential money laundering risks.
• Perform quality reviews on suspicious transactions and escalate to GAML.
• Ensure compliance with regulatory requirements under AMLATFPUAA.

Job description

• To identify and protect the institution from any transactions that may lead to money laundering and terrorist financing.
• To investigate and assess Transaction Monitoring alerts by ensuring efficient identification of potential money laundering risks in the bank.
• To perform a quality review on identified suspicious transaction and ensuring timely escalation to GAML.
• To oblige with Bank Negara Malaysia (BNM) and Securities Commission Malaysia (SC) regulatory requirements under the provision of Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA) and ultimately fulfilling Malaysia’s Anti Money Laundering & Counter Financing of Terrorism (AML/CFT) Regime.