- Complete review of customer transactions which are alerted. This involves analyzing alerts and investigating transactional activities to detect suspicion of financial crime (i.e. money laundering, terrorist financing, proliferation financing, sanctions breaches, etc).
- Conduct searches, perform due diligence, gather data and record evidence from internal systems, public searches, commercial databases and enquiry with Business, or other stakeholders.
- Build and apply knowledge of money laundering processes, sanctions(s) or laws/regulation(s) to case investigations.
- Report potential unusual client activities which may relate to financial crime.
- Conduct investigation as per policies, procedures, and meet internal and external regulatory requirements.
- Meet the Service Level Agreement (turnaround time) for case/transactions review/investigations agreed upon with stakeholders.
- Meet productivity and quality (rejects/QA) targets set.
- Adhere to all policies and confidentiality standard.
- Ensure proper investigation of suspicious transactions related to possible money laundering / terrorism financing alerts.
- Ensure timely, efficient reporting of suspicious transactions report (STR) to FIED of Bank Negara Malaysia.
- Ensure that a sound AML/CFT compliance is in place for the Group including training provided for business units on AML/CFT requirements
Senior Executive, Compliance - Kuala Lumpur, Malaysia - Hong Leong Bank Berhad
Description
If you are looking to excel and make a difference, take a closer look at us...
Key responsibilities
About Hong Leong Bank
We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.
We seek to strike a balance between diversity, inclusion and merit to achieve our mission of infusing diversity in thinking and skillsets into our organisation. Candidates are assessed based on merit and potential, in line with our mission to attract and recruit the best talent available. Expanding on our "Digital at the Core" ethos, we are progressively digitising the employee journey and experience to provide a strong foundation for our people to drive life-long learning, achieve their career aspirations and grow talent from within our organisation.
Realise your full potential at Hong Leong Bank by applying now.