About this role
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