A multinational bank based in Kuala Lumpur is seeking a highly qualified candidate for a Manager, Compliance Review job. This is a job for a driven professional who is looking to make lasting impact on the organisation.
About the Manager, Compliance Review Role: In this business critical role, you will carry out independent review to provide assurance that controls are in place in managing regulatory compliance, money laundering/terrorism financing and sanctions risks.
Identify Regulatory Compliance, ML/TF and sanctions risks; recommend control measures to mitigate compliance risks; and carry out timely follow up on the actions required by the relevant stakeholders
Develop review plan which is in line with the Global/Regional Procedures and meeting the local regulatory requirements
Carry out proper planning in conducting the compliance review and execute the review in a diligent and timely manner
Execute additional review whenever required or requested, particularly in the areas of AML/CFT to provide assurance that internal requirements/processes are being complied with
Participate in the annual risk assessment exercise as part of the effort in establishing the annual review plan
Ensure proper documentation of compliance review including scoping consideration, testing workpapers and conclusions
Document review results in a standardised report with quality
Provide timely reporting of the review results to the local management, RMC, BRMC and Head Office; whenever applicable
Maintain an updated Review Procedures
Review the sampling methodology as and when required
Recommend areas for improvement to simplify or enhance the review process
Maintain close follow up and contact as well as timely support to the team members
Maintain good relationship with the stakeholders in carrying out the compliance review function
Maintain close follow up with the stakeholders to facilitate the closure of the issues raised
Provide proper advice and follow up with the stakeholders to seek RMC or BRMC’s approval when the stakeholders are unable to meet the committed timeline on the required actions
Liaise with the Internal Audit Department, Regional Audit, as well as the regulator as and when required
Timely escalation of issues and matters to the Head of Compliance Department
To succeed in the Manager, Compliance Review job, you will need to prepare timely and accurate reporting to Management, Risk Management Committee, Board Risk Management Committee, Regional Office and/or Head Office to facilitate their oversight functions in managing compliance risks.
Degree in Finance/Banking/Accounting and any other equivalent qualification
Advanced certification in Anti-Money Laundering/Counter Financing of Terrorism
10 years of relevant working experiences in AML/CFT compliance review or audit for Financial Institutions with five years at managerial level
Well versed with local regulatory requirements
Good leadership skills, ability to lead and collaborate with the team members in identifying compliance risks
Interpersonal skills to manage stakeholders and regulator's expectations
Excellent written and verbal communication skills
Good presentation skills
This organisation is an exciting addition to the financial services industry. The firm is very focused on developing and training their people to the highest standards.
If you are driven, determined and want to take the next step in your career, this is the role for you. Great career progression opportunities await the right person in this Manager, Compliance Review job.
Apply today or contact me to discuss this new opportunity.
Do note that we will only be in touch if your application is shortlisted.
Agensi Pekerjaan Robert Walters Sdn Bhd Business Registration Number : 729828-T Licence Number : JTKSM 423C
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