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.
Qualifications
- 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.