Tm, Payment Screening - Kuala Lumpur, Malaysia - RHB Banking Group

RHB Banking Group

Verified Company

Kuala Lumpur, Malaysia

1 week ago

Posted by:

Siti Tan

beBee Recruiter

Description

Working Hour

Regular Hours

Monday

Friday
Business Area

Operations

Location

Malaysia

Kuala Lumpur
Description

Primary Objective:

Execute required operational task and provide operational expertise to teams
Ensure strict adherence & compliance to AML/CFT guidelines and external regulatory requirements to avoid delay payments, compensation claims and noncompliance penalty charges.
Access operations risks and recommend mitigating factors for process /risk improvement.
Conclude AML alerts on RENTAS/SWIFT transactions timely and accurately to ensure false AML alert are released for further action and true AML hits are blocked from further processing.
Escalate and seek advice from AML/CFT Compliance team for uncertain cases for advice/decision.
Raise SAR for affected transactions to comply with the requirement set by AMF/CFT Compliance team to avoid regulatory noncompliance.
Monitor transactions queues constantly and closely to ensure that transactions deadlines are not missed.

Key Responsibilities:

Execute operational task that require functional expertise or skills
Produce necessary output, in line with the objective of the team
Provide feedback on key issues faced by both customers and teams

BAU Activities

Ensure strict adherence & compliance to AML/CFT guidelines and external regulatory requirements to avoid delay payments, compensation claims and noncompliance penalty charges.
Assign, investigate and conclude AML alerts on SWIFT messages timely and accurately to ensure false AML alert are released for further action and true AML hits are blocked from further processing.
Obtain documentary evidences from business units, foreign correspondents when required, to assist investigation and justification for proceeding actions.
Escalate and seek advice from AML/ CFT Compliance team for uncertain cases for advice/ decision.
Raise SAR for blocked & suspicious transactions and submit the form to AML/CFT Compliance.
Notify transaction's originator of blocked transactions for them to take remedy action for example, to refund or inform their customers accordingly.
Issue instructions (in SWIFT Message Type format) to HO RENTAS/ SWIFT Operations team to be transmitted to foreign/external correspondents/ local banks to request for information or to refund funds for blocked transactions.
Monitor transactions queues constantly and closely to ensure that transactions deadlines are not missed.
Generate daily and monthly reports as required by AML/CFT Compliance as per stipulated timeline
Execute any other tasks as assigned by Team Lead or Circle Lead.
Identify operational inefficiencies and formulate enhancement initiatives.
Access operations risks and recommend mitigating factors for process /risk improvement.
Requirements

Requirements:

Bachelor Degree - Banking / Finance / Economics / Accounting / Risk Management or relevant fields / qualifications.

Minimum of 4-5 years' of working experience in domestic and international payments and have good knowledge on AML/CFT.

Quick thinking with good analytical and problem solving skills.
High team spirit, dedicated and meticulous
Good interpersonal and communication skills.
Ready to work on stagger hours as required / assigned by Section Head / Head, SFG/BA.
Benefits

Dental, Education support, Miscellaneous allowance, Medical, Loans, Sports (e.g. Gym), Parking, Vision, Regular hours, Mondays