Compliance Officer & MLRO

4 days ago

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TerraPay

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Global payment solutions for your local payout needs

International Mobile Money Clearing & Settlement • Cross Border Remittances • Regional & Domestic Mobile Money InterOperability • Foreign Exchange • Transaction Processing

501 - 1000

Description

• The Compliance Officer and MLRO of TerraPay Malaysia will be expected to possess relevant knowledge on the requirements under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA). • Overseeing the organization's anti-money laundering systems. • Drafting and updating all relevant compliance policies and procedures • To manage the compliance framework of the company, whilst taking reasonable steps to apply the AML/CFT as well as other relevant compliance policies and procedures to the relevant functions of the company to fulfil regulatory requirements. • Provide advisory and support as well as act as a liaison to the board, senior management and other relevant units on compliance matters. • Keep abreast of the regulatory development and communicate any relevant update, information and notice to the relevant teams on a timely manner. • Monitor, track and prepare regulatory reports for submission to the regulator. (Bank Negara Malaysia) • Monitor, track and prepare relevant compliance reports to the board • Serving as a focal point for inquiries from regulatory and relevant law enforcement agencies. • Lodging the Suspicious Transaction Reporting to the FIU, whilst assisting the relevant authorities if required. • Work with independent auditors to remedy any issues which arise with AML/CFT and the compliance framework.

Requirements

• A Bachelor’s Degree or Professional Qualification in a relevant discipline (Accounting/ Finance/ Business/ Economics/ Financial Engineering) • Should be fluent with Bahasa Melayu and English language • CAMs certification or any relevant compliance related certification is welcomed. • Possess at least 5 years of relevant working experience in a similar capacity • Strong analytical, communication, and organisational skills • Possess relevant knowledge on requirements under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA) and AML/CFT. • Able to apply the AML/CFT requirements and effectively implement appropriate AML/CFT policies and procedures for the licensee’s money services business operations, particularly in respect to customer due diligence measures, suspicious transaction reporting as well as risk-based assessment and management of money laundering and terrorism financing (ML/TF) risk • Have current knowledge on developments in ML/TF techniques and typologies associated with the money services business industry as well as the AML/CFT measures undertaken by the industry

Benefits

• A competitive compensation package, including performance bonuses • Join a global team with members from 45+ different nationalities spread across 5 continents