Full Time Head of Compliance Jobs, in Commerz Global Service Solutions Selangor - Maukerja

You are Head of Compliance Operations for the Compliance Department in CGSS.

Job Purpose:

• Supervise a multi-jurisdictional team of anti-money laundering (AML) transaction monitoring and client screening and alert analyst responsible for handling transaction monitoring and client screening alert adjudication daily.
• Ensure timely review and closure of alerts, investigations, research, disposition, and documentation in accordance with the regulatory and the banks’ standards.
• Ownership of end-to-end alert closure process including documentation and other sources of information for quality assurance and audit purposes.
• High discipline regarding timelines and the ability to drive this narrative amongst the team.
• Timely response to request for information (RFI) from stakeholders.
• Adherence to bank policies and procedures as well as understanding of regulatory landscape of central banks in locations.
• Carry out tasks delegated by the Regional Head of Compliance Asia and/ or respective MLRO as appropriate.

Key Activities:

• Ensure a quality analysis is performed and supported by relevant documentation by the AML team that would assist in decision making by local compliance.
• Adequate planning of team capacity to ensure quantity and quality of alert handling taking planned absences e.g. holidays and also unplanned absences e.g. sickness into account.
• Main point of contact for location MLROs and other relevant stakeholders.
• Assist in investigations into suspicious transactions.
• Present facts gathered during the course of the alert analysis process to local Compliance so they may determine whether the facts provided may warrant STR filing in accordance with local regulations.
• Produce both routine and ad-hoc reports for various internal stakeholders including the Management Board, Committees, Country/ Regional Compliance Teams and/ or Departments.
• Ensure the team completes training as and when assigned within the stipulated deadline.
• Ability to take on other management tasks/ potential processing themes as assigned.
• Support Regional QA Team in ensuring recommendations and/ or requirements resulting from the QA results and corresponding “Lessons Learnt” training sessions are implemented within the stipulated deadlines.

Specialist Knowledge:

• Relevant compliance working experience in an international financial institutions or service provider.
• Advance knowledge of AML and Sanctions regulations.
• Has good experience working with system alerts generated (preferably by Actimize SAM transaction monitoring, and/ or Actimize WLF systems).
• Proven track record of working and communicating across borders and cultures.
• Keen interest in transaction investigation, problem-solving and high attention to detail.
• Fluent verbal and written English required.
• Skilled Microsoft tool user (Excel, PowerPoint, Outlook etc).