Deputy Manager, AML/CFT Group Compliance

Summary
To perform the compliance functions on anti-money laundering & counter financing of terrorism (AML/CFT)

Duties and Responsibilities
 Develop, enhance and formulate AML/CFT Policy, Procedures and AML Compliance Program for BIMB subsidiaries
 Attend and address AML shortcomings highlighted by the regulator, internal audit, compliance monitoring and testing and/or other review conducted by external parties.
 Assist Head of FCC and Head of Compliance of Subsidiaries to review and revise the current AML controls eg CDD, ODD and ECDD and other AML Compliance Program
 Review and prepare monthly Compliance Management Report to be tabled in the ORCC, MRCC, MANCO, BRC and Board of Director’s meetings or other management and Board meeting and ensure consistency and accuracy of the reporting
 Acts as point of reference for Branches and Business Units on AML/CFT matters:
• Customer’s screening, Remittance transactions, HRC & ECDD queries, Blacklist status
 To review and assess HRC Application submitted by Branches and Business Units (SME, Financial Inclusion & BILOB)
 To review and provide clearance and recommendation on customer screening (LexisNexis/WorldCheck) received from Branches and Business Units
 Handling of AML KYC questionnaires and queries from correspondent banks and agents
 To update blacklist database receive from various sources (i.e, BNM, AML Group, IGD, LeefReed, IFP, RJH.)
 To update database for Domestic PEP in Core Banking System.
 To review Watchlist Alert screening and UBO Unwrapping request from Business Unit.
 Assist Business Units & Subsidiaries in conducting bulk screening on customers, recipient of zakat, vendors, etc. as well as to provide recommendation based on the result
 Assist to review manual, guideline, forms, and MRCC papers from Business Units on AML/CFT risks
• Assist in the review and assessment of AML/CFT mechanism to ensure its adequacy and effectiveness in tandem with the changes in regulations and standards.
• Facilitate the identification of money laundering and terrorist financing risks associated to new products and services, or operational changes.
 Disseminate pertinent documents and information in relation to AML/CFT to the relevant units and staff.
 Assist AML/CFT Operations training to Business Units as and when required to ensure all relevant units and staff are aware of the AML/CFT requirements and measures
 Assist in preparing reporting to BNM : PUA Screening (Domestic & AL Qaida/Taliban), Annual Summary Report on Exposure to Customers and Beneficial Owners from High Risk Countries, Beneficial Ownership Template (BOT) & Regulatory Self-Assessment (RSA) of BNM’s AML/CFT & TFS Policy Document.
 Involve in adhoc and projects and to ensure completion within the stipulated timeline given
 Any other jobs/task when assigned by superior.

Qualification
 Degree in any fields
Years of Experience
 More than 3 years’ experience
Specific Skills/Knowledge and Certification Required
 Good exposure and experience of working in the related areas i.e. banking and fast-moving environment
 Strong managerial skill
 Good communication, writing skill and interpersonal
 Be an assertive and innovative team player, highly independent, committed, self-motivated, resourceful, and result-oriented
 Ability to perform a variety of functions at various levels internally & externally
 Ability to multi-task, highly numerate with great attention to detail