Senior Manager, Financial Crime Compliance

The Senior Manager Financial Crime Compliance is responsible for leading and managing the company-wide financial crime compliance program. This includes overseeing anti-money laundering targeted financial sanctions anti-bribery and corruption activities. This role is to ensure the company adheres to all relevant laws regulations and internal policies.

Compliance Risk Management

• Lead the development implementation and ongoing enhancement of the financial crime compliance framework.
• Oversee AML/CFT sanctions anti-bribery risk assessment and ensure effective controls are in place.
• Oversee transaction monitoring investigate suspicious transaction activity.
• Lead internal investigation into potential financial crime compliance incidents and ensure appropriate remediation.
• Allocate tasks set priorities and ensure deadlines are met.
• Report on financial crime compliance metrics and trends to leadership for strategic decision-making.
• Drive change management initiatives result from changes in regulatory or group requirements.
• Work cross-functionally with Legal Internal Audit and Risk Management on financial crime compliance related risks.
• Lead periodic financial crime compliance risk assessment.

Communication and Training of staff

• Responsible for preparing training materials and conducting both role-based and regular training sessions for all staff on requirements and obligations under Financial Crime Compliance

Reporting

• Prepare reports as requested by the Chief Compliance Officer and Senior Management including periodic reports on financial crime metrics compliance issues and action plans.
• Ensuring proper reporting of red flags or suspicious transaction activities to all relevant stakeholders.

Others

• Review the decision on employee disclosures on conflict-of-interest and gifts sponsorships travels lodgings and entertainment.
• Perform additional responsibilities as directed by the Chief Compliance Officer and Senior Management.

• Familiarity with the Financial Services Act and all Bank Negara Malaysia regulations relating to Insurance.
• Proficiency in English and good writing skills are of paramount importance.
• Good coordination / planning / organisational skills.
• Good communication skills and good stakeholders management.
• Self-motivated and proven ability to multitask and work independently.

Meticulous and with a strong sense of responsibility and commitment.

• Minimum 10 years of PQE in a relevant Compliance or Regulatory role. Candidates who have worked with the Insurance or Takaful Operators are a clear advantage.
• Tertiary education with a recognised degree from a reputable university.