Job Description

Responsibilities: -

• Providing guidance and effective & timely advice on Banking Act, SFA and FAA including AML/KYC and manage the handling of Transaction Monitoring alerts, review/investigate potential suspicious activities reported by business stakeholders and where required, prepare Suspicious Transaction Reports (STRs) for submission to the STRO.
• Provide effective and timely advice on complex compliance matters to the business, in conjunction with our legal teams, on how to manage and mitigate AML/CTF and compliance risks within payments propositions.
• Involved in the provision of Sanctions and Anti-Bribery and Corruption (ABC) advice and guidance to business stakeholders, as well as the adjudication of sanctions alerts and escalations.
• Assist the team to ensure the implementation of the Bank’s Compliance Plan.
• Respond to regulatory authorities’ routine queries and coordinates completion of survey and other request for information.
• Work with business leads to identify and collate relevant information to respond to requests for information from auditors and regulators in a timely way.
• Implement and update compliance policies and procedures based on Head Office, and local regulatory requirements.
• Prepares/reviews periodic reporting to local regulatory authorities, Head office and Management.
• Tracks/monitor changes and updates on local regulations, conducts briefing and discussions on implementation with relevant departments and post implementation review.
• Investigates compliance breaches and customer complaints.
• Conducts compliance training and provides advisory on Banking Act, SFA and FAA and other compliance matters.

• A recognized degree, preferably in Accounting, Banking & Finance, or equivalent.
• High degree of professionalism, integrity and an exceptional team player.
• Minimum 4 years’ relevant experience in Compliance of a sizable financial institute/regulatory body.
• Meticulous and ability to work independently.
• Experience in administering and managing Anti-Money Laundering Program and well versed in banking laws.
• Good critical thinking and analytical skills with an eye for detail.
• Excellent communication and interpersonal skills with ability to interact with all levels of staff and management.
• Fluency in English, ability to converse and formulate reports in Bahasa to Head Office is a plus not a must.