Full Time Due Diligence Specialist (Normal Shift) - PJ Office Jobs, in Commerz Global Service Solutions Selangor - Maukerja

WORK LOCATION: -

• Level 11, 12 & 13 CelcomDigi Tower, Petaling Jaya (Only a 5-minute walk from Taman Jaya LRT station)

WORKING HOURS:

• Normal Monday-Friday: 9.00am - 6.00pm (MYT)
• Required to work during Malaysia's Public Holiday (Replacement leave will be provided)

JOB PURPOSE

• To assist the entity in managing the regulatory (mainly AML & Sanctions) and reputational risk related requirements set out in
• relevant German/International – whichever is stricter – law and regulations
• global policies set forth and the standards communicated by Group Management-Compliance

KEY ACTIVITIES

General / Compliance Culture

• Facilitate compliance of the entity with applicable banking and securities laws, regulations, and internal guidelines regarding AML/CFT and Sanctions
• Perform Sanctions screening in PELICAN OFAC (Sanction screening tool of Commerzbank)
• Perform AML and Sanction screening on Export/Import Letters of Credit, Guarantees, Import/Export Collection received by the bank (SWIFT Messages)
• Perform AML and Sanction screening on transport documents presented by presenting bank
• Perform Voyage Check and Dual Use Goods check
• Ensure high quality of AML and Sanctions screening and this will be reflected in quarterly desk review
• Report and escalate all violations and suspicious behavior to TPC Compliance Officer
• Maintain Due Diligence at the highest level of quality to protect the Bank from regulatory risk which could result into financial and reputational damage
• Ensure awareness and full compliance regulations, policies, guidelines, procedures and practices
• Respond to email and queries from internal customers and stake holders on a timely manner

Compliance Advisory Service

• Regularly exercising good judgement in making decisions or recommendations in relation to case investigation
• Ability to accurately and thoroughly screen MT messages and Transport documents/Voyage journey to detect and identify the non-compliance or violations as per Commerzbank AML/Sanctions Policy
• Working closely with TPC Compliance Officer / Business Compliance Asia to ensure all requirements by GMCO Frankfurt and Asia are met
• Working closely with all TPC Operations Team to utilize proper corrective action procedures as required
• Working closely with Process Managers and provide review on a timely basis or as and when required
• Outspoken and not afraid to raise any issues with regards to noncompliance, if any. Any other tasks assigned by Team Head of Due Diligence Team

SKILLS & REQUIREMENTS

• University degree or similar, preferably in Banking, General Management or Law
• 3- 4 years’ experience in Sanctions Screening / TBML
• Familiar with Sanctions Screening methodology
• Previous experience in performing Voyage Check through IMB/IHS or any other service provider • Well versed in dual use goods and HS Code terminology
• 3 years overall experience in Banking & Finance

Further qualification/skills/requirement:

• Good knowledge and understanding of International Sanctions & Embargoes Regulation
• Good knowledge in Trade Based Money Laundering
• Strong communication skills

Kindly be informed that only shortlisted candidates will be contacted by our HR team.