Compliance & Risk Officer

A member of Sunway Berhad: Sunway Money is a completely online and licensed remittance house wholly owned by Sunway Berhad. Our cross-border remittance service enables individuals and businesses to send money to over 70 countries in an easy, secure and affordable way. Since 2018, we have assisted over 10,000 customers with their international money transfer needs. Job Duties:

• Responsible to assist the Head of Department for the Company’s Compliance functions, including Governance and Training (such as compliance policy, compliance assessment, training and certification) and Ongoing Due Diligence (such as surveillance monitoring, transaction monitoring, suspicious transaction report review/submission and customer onboarding review).
• Responsible to assist the Head of Department for the Company’s Risk Management functions.
• Assist to establish, implement and continuously improve frameworks, policies, procedures, processes and controls, etc. to ensure compliance by the Company with all laws, regulations and guidelines, including anti-money laundering (AML) and counter financing of terrorism (CFT) rules and regulations.
• Conduct watchlist screening, customer due diligence, enhanced due diligence, periodic reviews, transaction activity checks and other reviews/investigations in accordance with AML/CFT requirements.

Analyse false positive matches and make recommendations to enhance the AML/CFT monitoring.

• Assist the Head of Department and work closely with the Company’s business, legal and audit functions to monitor and test the adequacy of the Company’s compliance and risk management efforts.

Recommend preventive and corrective measures, and escalate any issues where non-compliance is not addressed.

• Assist to review and provide advice and recommendations on new products/services and processes.
• Prepare and co-ordinate timely submission of all reports, ensure proper documentation of reviews.
• Keep abreast on compliance and risk management issues and relevant industry trends.
• Any other duties as and when assigned from time to time.

Job Requirements:

• At least Bachelor’s Degree in a related field, preferably in law, management, banking, finance or accounting.

Professional accreditation or certification in AML/CFT will be an added advantage.

• Candidate with working experience in AML/CFT, compliance, risk or audit role in the banking, insurance, remittance or fund management industry will be prioritized.
• An understanding of the regulatory requirements and interpretation of rules & guidance issued by Bank Negara Malaysia and the relevant authorities.
• Aptitude for accuracy and attention to details; Strong investigative, reasoning, analytical and problem solving skills.
• Familiar with Microsoft office (Excel, Word and Powerpoint).
• Our recruitment team will reach out to shortlisted candidates only.