About the role
Our client is one of established local bank in Malaysia.
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
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.