Assistant Vice President, Customer Risk Review

KEY RESPONSIBILITIES

1)     Customer Risk Review

·    Responsible to ensure customer on-going due diligence review are performed accordance to the requirement of Section 14A.13.1 of BNM Policy Document on AML/CFT and Targeted Financial Sanctions (TFS) for Financial Institutions.

·    To ensure customer periodical review for High/Medium and Low risk is completed within stipulated turnaround time.

·    Review will include scrutinizing customer’s transactions, performing google search, reviewing document and contacting the customer to determine if customer’s transaction behavior matches customer profile.

·    Work closely with branches to obtain additional information required for AML/CFT review.

·    Provide analysis results to recommend and decision to continue or exit the customers.

·    To submit Suspicious Transaction Reporting (STR) for suspicious transactions detected during review.

2)     Compliance Monitoring

·        Conduct review on the compliance monitoring cases escalated by Group Compliance Transaction Monitoring team and provide information to Business Head to either support Group Compliance’s recommendation to exit account or to provide justification to retain the account.

·        To execute the account close process once approval obtained from Business Head to exit the customer.

·        To continue to perform on-going due diligence for the retained customer tagged under Compliance Monitoring.

3)     Control Management (Senior Reviewer)

·        Perform ODD review for higher risk group of customer i.e. Political Exposed Person (PEP) and customer tagged with Compliance Monitoring.

·        Perform data analysis and risk based analysis to manage the reviews of the iMatch triggers.

·        Perform unclaimed monies GL reconciliation for the claimed & unclaimed balance of the accounts exit.

·        Work closely with the Head of Branch Operations & Customer Risk Review to provide guidance on AML/CFT regulations and review techniques for the junior reviewers with the aim to maintain an environment which promotes success, team work and  growth.

4)     Other ad-hoc duties may assign from time to time.

NOTE: Job Descriptions are subject to change at the discretion of the Management