Senior Analyst, Financial Crime Surveillance Unit

  • RM4000 - RM5500
  • Kuala Lumpur, Malaysia
  • Permanent, Full time
  • Scope International (M) Sdn Bhd
  • 06 Sep 16

To support the Managers and the BMLPO to meet their obligations in terms of local laws, regulations, Group Policies and Standards for the prevention of money laundering. To provide proactive support to TM Unit in respective countries and to assist senior management in ensuring that the Bank operates in accordance with all legal and regulatory requirements and all Group standards of conduct, so as to protect & enhance the reputation of the Bank with its regulators and avoid significant financial loss.

KEY RESPONSIBILITIES:

  • Establish and develop effective working relationships with the in-country transaction monitoring units and other personnel of business units in HUBs.
  • Ensure that the transactions are monitored with a risk-based approach and the review is acceptable to Internal/External Auditors and Regulators.
  • Support the managers in developing controls and procedures relating to transaction monitoring.
  • Undertake quality assurance role of transaction monitoring to identify unusual activities and initiating and reviewing unusual activities originating from staff within the unit and any systems exception reports.  Where necessary undertaking investigations to ensure that the case is sufficiently developed for reporting to the unit managers’.
  • Ensure significant issues identified are reported and escalated in a timely manner.
  • Ensure that the Service Level Agreements & DOI are strictly adhered to with the respective countries.
  • Provide recommendations to enhance performance standards and improve operational efficiency through procedural reviews and improvements.
  • Ensure regulatory requests received from country relating to AML are promptly attended to.
  • Participant in IT initiatives and assist the assistant manager/unit manager in managing database and systems used by the unit.
  • Ensure timely reporting and escalation of significant issues to management.
  • Provide continued support and train the new team members and be a point of continuity in the project.
  • Generate and monitor regular reports and MIS.
  • Maintain records of the investigations concluded.
  • Cross train (internal and external) all members of the team.
  • Ensure the team complies with the organization Learning and Developement program.
  • Adhere to the weekly assessment of the On the Job Training process for staff and nominate staff for core training based on QA feedback.
  • Assist the managers in BCP / DR testing in addition to taking appropriate measure for managing crisis situation.
  • Perform QA review of alerts and cases processed by analysts/junior analyst as per guidelines and ensure they are completed within the desired timeframe.
  • Conduct Self assessment checks as per the Operational Risk framework.
  • Assist the managers for securing ‘good’ audit ratings for the unit and assist in timely resolution of audit and risk related issues.
  • Adhere to the standard process for investigation of alerts and cases (exceptions in line with country specific requirements).
  • Meet SLA relating to TAT and accuracy, ensure at minimum productivity levels are met, review  capacity levels on a regular basis, efficiency initiatives and ensure timeliness in submission of MIS.
  • Monitor daily staff performance – also includes into Manager.
  • Cooperate and support the management in implementation of any other initiative that may arise during the course of the year.

REQUIREMENTS:

  • Professional with core compliance or business skills.
  • Effective collaborative skills that contribute to positive working relationships with counterparts in MLPO network and the business.
  • Sound knowledge of applicable AML Laws and Regulations of the respective country and the ability to interpret and apply them to actual situations. 
  • Comply with Group Money Laundering Prevention Policy and Procedures to the extent applicable and Reporting all Suspicious Transactions to the Line Manager.
  • Detailed understanding of relevant Group and local policies and standards.
  • Good knowledge of banking products and support structure.
  • Good judgment.  An inquisitive approach to practices and procedures.  Personal authority and integrity.  Independence and resilience.
  • Strong written and verbal communication skills.