- Kuala Lumpur Federal Territory Malaysia
Full Time Assistant Vice President, Data Quality Management Jobs, in Alliance Bank Malaysia Berhad Federal Territory - Maukerja
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Job Description
Responsibilities
Alliance Bank Malaysia Berhad Key Responsibilities
- Team Leader & Performance Management
- Lead, coach, and develop a team of AML Ongoing Review Analysts
- Allocate workloads and monitor productivity to meet SLA and regulatory timelines
- Conduct regular one‑to‑ones, performance reviews, and training needs assessments
- Act as escalation point for complex or high‑risk cases
- Support onboarding and training of new staff and contribute to knowledge-sharing initiatives.
- Drive process improvements, automation initiatives, and remediation programs to enhance efficiency and quality.
- Stay abreast of regulatory developments, emerging financial crime risks, and industry best practices.
- AML Ongoing Review Oversight
- Ensure accurate completion of periodic KYC reviews, trigger‑based reviews, and risk reassessments
- Review and approve analysts’ work, ensuring consistency and quality
- Ensure customer risk ratings are accurately assessed and justified
- Identify gaps in customer information and ensure remediation actions are completed
- Advanced Customer Due Diligence & Risk Assessment
- Lead complex, high-risk, and enhanced due diligence (EDD) ongoing reviews, including customers with intricate ownership structures, cross-border exposure, PEPs, and high-risk industries.
- Conduct and approve risk-based reassessments of customer risk ratings, including justification and documentation for changes.
- Assess adequacy of source of wealth (SOW), source of funds (SOF), and transactional rationale for ongoing customer relationships.
- Ensure ongoing reviews are completed in line with regulatory timelines and internal service level agreements (SLAs).
- Quality Assurance & Risk Management
- Perform QA checks and thematic reviews to identify trends and control weaknesses
- Drive continuous improvement to reduce errors, rework, and regulatory risk
- Ensure adherence to internal AML policies, procedures, and regulatory requirements
- Support internal audits, compliance reviews, and regulatory examinations
- Stakeholder & Escalation Management
- Liaise with Compliance, Financial Crime, Risk, and Business teams on AML matters
- Escalate material AML risks, suspicious activities, or control issues appropriately
- Support Suspicious Transaction Report (STR) referrals where identified
- Reporting & Governance
- Prepare and present management information (MI) on team performance, quality, and risk trends
- Track key AML metrics such as overdue reviews, high‑risk customers, and remediation status
- Contribute to policy updates and procedural enhancements
- Identify control gaps, recurring deficiencies, and trends arising from ongoing reviews.
- Min 8 years of experience in AML/KYC, financial crime compliance, or customer due diligence, with significant exposure to ongoing or periodic reviews.
- Bachelor’s degree in finance, Banking, Business, Law, Economics, or related field.
- Professional certifications such as Certification in AML-CFT/ Advanced Certification in AML CFT/ or equivalent are strongly preferred
- Strong understanding of Segment Business, Documentation standards and Regulatory Compliance expectations.
- Strong analytical and investigative skills to identify data inconsistencies and validation gaps.
- Familiarity with core banking systems, onboarding platforms and screening tools.
- Knowledge of customer risk assessment frameworks and ongoing due diligence requirements
- Proven people‑management and coaching ability
- Strong decision‑making and escalation judgment
- Excellent written and verbal communication
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