Senior Specialist, AML/CFT Audit

Job title: Senior Specialist, AML/CFT Audit
Contract type: Permanent
Location: Kuala Lumpur
Salary: RM10,000-RM15,000 per month
Contact name: Maheswary Kandasamy
Contact email:
Published: 5 months ago

Job description

​About the role

Our client is one of established local bank in Malaysia.

Your responsibilities

  • Build the Anti-Money Laundering / Combating the Financing of Terrorism (AML/CFT) team within the Group Internal Audit (GIA) function.

  • Over the next 1-2 years, the GIA AML/CFT team will be responsible for conducting an independent assessment of the operational effectiveness of RHB’s ongoing AML/CFT capabilities enhancement to ensure soundness and adequacy of governance, risk management, and internal control systems.

  • After 1-2 years, the GIA AML/CFT will provide independent assurance of RHB’s AML/CFT capabilities across the Group.

  • Independently build/assist in building AML/CFT audit team within GIA from the ground up.

  • Own/build good relationships and mutual trust with all colleagues within GIA and stakeholders involved in AML/CFT controls.

  • Create/assist in creating Group AML/CFT audit plan, risk assessment, sampling methodology across all RHB entities (including Islamic Bank, Investment Bank, and other overseas entities).

  • For the next ~2 years, actively support a Group-wide AML/CFT capabilities uplift programme covering all RHB entities (including Islamic Bank, Investment Bank, and other overseas entities).

  • Lead/execute the evaluation of the operating effectiveness of recently implemented AML/CFT controls and document this understanding in the GIA audit toolkit.

  • Coordinate/facilitate participation and ensure preparedness of key audit stakeholders across AML/CFT controls before, during, and after engagements.

  • Lead/participate in audit discussion with respective AML/CFT control owners to discuss audit issues and recommendations. Ensure accuracy and clarity of documentation and written responses provided to regulators by performing quality reviews.

  • Review and provide recommendations on action plans developed by audited stakeholders.

  • Manage, track, and ensure closure of outstanding audit issues consistent with RHB’s GIA management standard.

    Lead/assist with status reporting of examination/testing and audit engagements and advice on issues identified or actions required.

You will have

  • Bachelor Degree.

  • Certified Anti-Money Laundering Specialists (e.g. ACAMS AML Audit Certification: Advanced), or other relevant professional certification.

  • Minimum of 10 years of professional experience in a compliance or regulatory risk management function.

  • Highly proficient AML/CFT knowledge in a broad range of financial services activities, products, and services, including functional knowledge of AML/CFT banking regulations in Malaysia.

  • Process-oriented with a strong ability to develop appropriate programme enhancing strategies.

  • Understanding of and experience in developing an effective financial crime risk management framework.

  • Strong leadership and time management skills to manage multiple team members and projects concurrently.

  • Excellence written and verbal communication skills, including the ability to interact effectively at all levels of the organisation (e.g., bank staff, Senior Management, Board members, and regulators).

  • Able to communicate effectively with regulators and stakeholders.

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