The AML Policy, Advisory & Intelligence Assistant Manager supports the implementation and ongoing effectiveness of the Bank’s Anti-Money Laundering, Countering Financing of Terrorism, Countering Proliferation Financing, and Targeted Financial Sanctions (AML/CFT/CPF & TFS) framework. The incumbent works closely with AML Operations, business units, and key stakeholders to ensure compliance with Bank Negara Malaysia (BNM) requirements.
Key Responsibilities
Policy Implementation & Regulatory Advisory
Assist in the development, review, and periodic enhancement of AML/CFT/CPF & TFS policies, procedures, and internal guidelines in line with BNM regulations and FATF recommendations.
Provide day-to-day AML/CFT/CPF & TFS advisory support to business units, including interpretation of regulatory requirements and internal policies.
Monitor regulatory updates and assist in assessing their impact on existing policies, procedures, and controls.
Support AML/CFT/CPF & TFS risk and compliance assessments for new products, services, delivery channels, and partnerships.
Enterprise-Wide Risk Assessment (EWRA) Support
Support the execution and periodic refresh of the AML/CFT/CPF & TFS Enterprise-Wide Risk Assessment (EWRA).
Assist in assessing inherent and residual risks across customers, products, services, delivery channels, transactions, and geographies.
Coordinate with internal stakeholders to collect data, validate inputs, and document risk assessments.
Track and monitor the implementation of risk mitigation actions arising from the EWRA.
AML Intelligence, Investigation & STR Handling
Conduct reviews and investigations of potential suspicious activities identified through transaction monitoring and other surveillance tools.
Prepare high-quality Suspicious Transaction Reports (STRs) and ensure timely submission to regulators via the Financial Intelligence System (FINS).
Analyse investigation outcomes and STR trends to identify emerging risks, typologies, and areas for control enhancement.
Provide investigation-related guidance and support to AML Operations and relevant business units.
AML Systems, Rules & Controls Support
Participate in the testing and validation of AML transaction monitoring rules and scenarios to ensure effectiveness and regulatory alignment.
Support user acceptance testing (UAT) for AML system enhancements, upgrades, and fixes, ensuring proper documentation of test results.
Assist in maintaining AML rule libraries and recommending enhancements based on risk trends and regulatory expectations.
Support internal and external audits, regulatory examinations, and issue remediation activities.
Governance, Reporting & Documentation
Support the secretariat function for the Anti-Money Laundering Committee (AMLC), including preparation of meeting materials, coordination of meetings, and documentation of minutes.
Prepare periodic reports and dashboards for management covering AML/CFT/CPF & TFS compliance status, STR statistics, risk trends, and regulatory updates.
Maintain accurate and complete documentation of policies, risk assessments, advisory opinions, investigations, and regulatory interactions in accordance with internal standards.
Training & Continuous Improvement
Assist in the development and delivery of AML/CFT/CPF & TFS training materials and awareness sessions.
Stay informed of regulatory developments, industry trends, and emerging financial crime risks.
Contribute to continuous improvement initiatives to enhance the effectiveness and efficiency of AML controls and processes.
Qualifications & Experience
Bachelor’s degree in finance, Law, Business Administration, Computer Science, or a related field.
Professional certifications such as ICA, CAMS, or equivalent are an advantage.
Manager: Minimum 3 – 5 years of relevant AML/CFT/CPF & TFS experience.
Practical knowledge of Malaysian AML/CFT/CPF & TFS regulatory requirements, particularly BNM guidelines and FATF standards.
Key Competencies
Sound understanding of AML/CFT/CPF & TFS regulations and operational requirements.
Strong analytical and investigative skills with attention to detail.
Ability to provide clear, practical AML advisory to business and operations teams.
Good stakeholder management and communication skills.
Ability to work independently while collaborating effectively within a team.
Strong documentation and reporting capabilities.
JR00000519
