Compliance & Money Laundering Reporting Officer - MY
$150,000–$200,000 year
HybridKuala Lumpur, Kuala Lumpur, Malaysia
Job Summary
Own and maintain the Malaysia AML/CFT and Sanctions Compliance Programme in accordance with AMLA 2001 and Bank Negara Malaysia requirements. Act as the primary liaison with Bank Negara Malaysia on regulatory inspections, audits, and information requests. Review and approve Suspicious Transaction Reports, lead periodic risk assessments, and oversee Customer Due Diligence, Enhanced Due Diligence, and sanctions screening. Develop internal policies, partner with product teams to embed AML controls, and lead training and awareness programmes across the entity. Support internal and external audits while presenting compliance updates to senior management.
Required Qualifications
- Bachelor's degree in Law, Finance, Accounting, Business, Risk Management, or a related discipline
- Minimum 12+ years of experience in AML/CFT, Financial Crime Compliance, or Regulatory Compliance
- Prior experience serving as an MLRO or Deputy MLRO within a regulated financial institution, payments company, fintech, digital bank, or e-money institution
- Strong knowledge of AMLA 2001
- Strong knowledge of BNM AML/CFT requirements
- Strong knowledge of FATF Recommendations
- Strong knowledge of Sanctions regulations
- Strong knowledge of Financial crime risk management
- Experience with transaction monitoring, sanctions screening, KYC/EDD, and suspicious activity reporting
- Excellent stakeholder management and regulatory engagement experience
- Strong analytical, decision-making, and problem-solving skills
- Excellent written and verbal communication skills
Desired Qualifications
- ACAMS, ICA, or equivalent AML certification preferred
- Experience within cross-border payments, fintech, digital banking, payment service providers, or correspondent banking
- Familiarity with AML transaction monitoring systems such as Actimize, Feedzai, Featurespace, ComplyAdvantage, or similar platforms
- Experience managing regulatory examinations and remediation programmes
- Experience working in a high-growth, fast-paced fintech environment
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