Create the future with Affin! ​​You too can make a difference.

We continuously innovate to transform our financial services landscape - making banking better and easier. Join us at AFFIN, where the open minds meet and be inspired by a shared commitment to great work. You too can make a difference.

(1)    FINANCIAL

Not applicable.

(2)    PROCESS

To assist Head of AML/CFT with respect of the following: -

Policy & Procedure

a)    Conducting an annual review and on-going review for the Bank’s AML/CFT Policy & Procedures & AML/CFT Department Standard Operating Procedures (SOP) inclusive of Group AML/CFT Framework i.e. relevant functions as the umbrella policy pertaining to AML/CFT matters.

b)    Assist and liaison person for AML/CFT Compliance Department on matters pertaining to the circular issuance and ensuring it is aligned with the existing internal and regulatory requirement.

c)    Collaboratively with relevant stakeholders to establish appropriate AML/CFT Policy requirements, controls and up skilling across business.

d)    Assist in conducting gap analysis on current AML/CFT Policy & Procedures and incorporating new AML guidelines/policy documents issued by Bank Negara Malaysia (BNM) from time to time.

e)    Assisting in developing Standards and Capability in business, designing standardized KYC/CDD process and controls, methodologies, business level policies and procedures etc.

Advisory

Provide an appropriate & meaningful advice and opinion on AML/CFT related matters to business and operations departments inclusive of the subsidiaries to facilitate them in carrying out their primary responsibilities related to AML/CFT. These covers below, but not limited to:

a)    Proactively provide independent, meaningful, value-add oversight and challenge to senior management, challenging existing practices and recommending proportionate solutions to strengthen AML/CFT framework within Affin.

b)    Provide advisory opinion and concurrence to business unit and branches with regards to the followings:

•    Name matches against Dow Jones screening and/or customer who originates from high risk/sanction countries.•    Request for new/additional banking facilities of customer originates from high risk/sanctions countries and/or high-risk good dealings.•    Inward/outward remittances, trade finance and treasury transaction which involves to/from high risk/sanction countries and high-risk good dealings.•    Ongoing due diligence review, customer who are listed in Dow Jones screening under Other Official List (OOL) and Sanction List (SAN) and adverse media remarks concerning AML/CFT matters.

c)    Provide advisory/opinion on establishing Relationship Management Application (RMA) with the banks and conduct CDD/ECDD review for Bank’s Correspondent Agents from Financial Institutions Department.

d)    Conduct AML/CFT due diligence analysis through open searches, Dow Jones Risk & Compliance, as well as the current publication listed for United Nations Sanction List, OFACs Specially Designated Nationals List (SDN List), FATF, MOHA, Transparency International List and other related sanction listings.

e)    To update, issue circular and maintain the High-Risk Countries List in Compliance Homepage. 

f)    Assist in seeking approval and performing payment for Dow Jones subscription. 

g)    Assist and liaison person for AML/CFT Compliance Department on matters pertaining to the circular issuance and ensuring it is aligned with the existing internal and regulatory requirement.

h)    Provide timely analytical commentary and insights regarding AML/CFT proposed solution to applicable governance forums and senior management.

i)    Support Unit Head and Head of Department by providing informed and evidenced confirmation regarding compliance with policies and risk appetite.

j)    Supporting Unit Head roles to provide an appropriate & meaningful advice and opinion, perform AML system Check/ internet search on AML/CFT related matters to business and operations departments to facilitate them in carrying out their primary responsibilities related to AML/CFT.

Reporting

To assist on matters pertaining to the regulatory and management reporting inclusive of, but not limited to, matters pertaining to the AML/CFT Compliance as well as other relevant information which warrant to be reported. 

a)    Assist Unit Head and/or the person-in charge in managing the preparation of the relevant AML/CFT reports assigned for internal/external reporting process which include updating Management Committee Meeting (MCM) and Board of Directors (GBCC and/or full Board of Affin Bank Bhd/Affin Islamic Bank Bhd Board) and Bank Negara Malaysia (BNM). 

b)    BNM Reporting 

(i)    BNM Half Yearly Reporting – UNSCR, MOHA(ii)    BNM Yearly Reporting – Reporting on Exposure on Customers from High Risk Countries (iii)    BNM Ad-Hoc Reporting – as and when required

c)    Assist in preparing the necessary or relevant dashboard for reporting purposes.

(3)    CUSTOMER / STAKEHOLDERS

As a Compliance Officer of which one of the main core functions is to provide advisory as well as managing the stakeholder. Thus, below are the outline of this job scope, but not limited to:

a)    Audit related activities inclusive of the Compliance Review arena where the engagement is extended not only to the respective Business Unit on the audit / review activities conducted but also to the Audit and Compliance Review unit.

b)    Assist the Unit Head and Head of AMl/CFT Department on the resolution of areas that required attention.

c)    Provide and insight advisory related to the AML/CFT Operation related .

d)    Proactively engage with the customer/business unit/stakeholders inclusive of BNM (if need be).

(4)    PEOPLE      a)    To assist Head of AML/CFT Compliance conduct training/educating staff on AML/CFT system.

b)    Educating the business and operations departments on the value and necessity of AML/CFT compliance mission and strategy via meeting / briefing.

(5)    OTHER RESPONSIBILITIES      To undertake any other duties as assigned by Head of AML/CFT.