Team Lead (Assistant Manager)

This role is responsible for supervising compliance related functions supporting group-wide businesses under AmBank, AmBank Islamic, AmInvestment Bank and AmFunds. The key functions this role is responsible for are:

1. Management of the law enforcement agencies relationship and requirement
2. Cash Threshold Reporting (CTR) and other Compliance Operations related regulatory reporting
3. Maintenance of Internal Watchlist (IWL), NFPMule listing and Mule Redressal
4. Monitor updates received through BNM FINS and communicate as appropriate
5. Own and manage resources within the approved FY24/25 budget
6. Ensure effective capacity planning is in place to deliver results and to ensure no adverse regulatory, reputational and financial impact from the work output
7. Participate in applicable Compliance and/or bank-wide cost management initiatives. Ensure related Compliance spend meet expected benefits.
8. Ensure escalation of any issue arising from overall performance through the governance process (AML Forum / GMGCC)
9. Escalation on new or emerging AML risk for the Bank identified and communicated to the senior management on a timely manner
10. Resolution of any identified risk involving AML for the Bank is within the prescribed timeline
11. Resolution of any finding resulting from any audit (internal or external) is within the prescribed timeline

Internal Watchlist Management (IWLM)

1. Internal Watchlist (IWL) is being updated in timely manner and accurately. Periodic reconciliation is in place.
2. Scrubbing of the names maintained in IWL against Bank’s customer database as and when is required to identify risk exposures to the Bank and take the necessary mitigation actions.

Law Enforcement Agency Management (LEAM)

1. All LEA Orders (Production, Seizure, Freeze, Search Orders) are being action accordingly to the stipulated timeline.

Cash Threshold Reporting (CTR)

1. Cash transactions are reported according to the regulator’s requirements and within stipulated timelines.

BNM FINS Monitor

1. Communications published over BNM FINS are checked, retrieved and communicated to the intended recipients in timely basis.

Quality

1. Ensure appropriate maker-checker control is in place. No negative feedback received from internal or external stakeholders in relations to the quality of work output.

Referral to Transactions Monitoring

1. Where appropriate, refer customers, cases or transactions to Transactions Monitoring which are worthwhile for account activity review by raising Questionable Activity Report (QAR - Internal STR process) or by creating manual cases in Oracle.

Procedures and Guidelines

1. Procedures or guidelines are in place for all the key processes within GCORR.
2. Sufficient and clear guidances are provided in the procedures/ guidelines to guide the team members in carrying out their day-to-day duties.
3. Timely refresher to the procedures/ guidelines as and when is required.

Adhere to Risk and Compliance matters to the spirit and letter of regulations, internal policies and GRAF within own area and teams; e.g. AML/CFT, adherence to compulsory leave, compulsory training, timely CMR and KRI submissions.

Key Control Test (KCT) Result Exceptions for AML/ CFT and Compliance/ Regulatory related KRIs should not be worse than Severity 3 (per Ops Risk Mgmt Policy).

Internal Audit Rating:

1. Overall rating of 'Satisfactory' or better.
2. Activity rating of 'Satisfactory' or better.
3. Ensure audit readiness at all times.
4. Ensure audit deliverables are submitted in timely manner and with accurate context.

Being a role model with the right behaviours and values guided by Group's code of ethics. Conduct business and day-to-day activities in compliance to Group's AML program, policies and procedures.

Ensure all mandatory AML/ CFT learning courses are attended within stipulated timeline.

Identification and appropriate readiness of people for succession planning.

Retention of talent through appropriate identification and investment made via internal development program.

Develop appropriate people strategy in ensuring better retention growth and reduction in talent attrition YOY.

Elevate growth and capability of talent within the team with appropriate autonomy and development plan.

Job Requirements

1. Bachelor Degree or Diploma.
2. AML or Compliance or Banking related certification, e.g. ACAMS, AICB.
3. Minimum 5 years in Banking operations or AML or Compliance related fields.

How do your skills match this job?

Your application will include the following questions:

• Which of the following statements best describes your right to work in Malaysia?
• What's your expected monthly basic salary?
• Which of the following types of qualifications do you have?
• How many years' experience do you have as a team manager?

Banking & Financial Services More than 10,000 employees.

Established in August 1975, AmBank Group is one of the largest banking groups in Malaysia by market capitalization and comprises AMMB Holdings Berhad and its subsidiaries.

At AmBank Group, our people are the reason for our achievements today.

We believe in diversity and creativity. We look for energy, deep passion and an unwavering drive to excel. We want motivated, agile and ambitious young individuals to join us in building a first-class team to deliver excellence within a dynamic and results-oriented environment.

Adding greater value to this one-stop financial hub is the Group’s strategic partnership with Australia and New Zealand Banking Group Ltd (ANZ), one of Australia’s leading financial institutions, International Assurance Group (IAG) and MetLife, Inc. providing the synergy of a wide network, regional presence, and international banking and financial services expertise.