Director, Anti-Money Laundering (AML)

Our client is a reputable international bank with a strong presence in Malaysia. With a commitment to good governance and sustainable financial solutions, they are seeking a highly capable and experienced professional to lead their Anti-Money Laundering (AML) function.

Key Responsibilities:

• Align the Bank's Anti-Bribery & Corruption (ABC) and Anti-Money Laundering (AML) programs with group standards, laws, regulations, and internal policies.
• Design, implement, and maintain compliance programs, including annual ABC/AML plans, based on organizational risk and regulatory expectations.
• Perform regular risk assessments and compliance audits to detect and address vulnerabilities.
• Stay updated on regulatory changes and adjust compliance frameworks and controls accordingly.
• Act as the main point of contact with regulators, ensuring timely and accurate reporting and communication.
• Lead investigations into compliance issues and enforce corrective measures.
• Promote a strong compliance culture through training and awareness programs.
• Provide regular reports on compliance status, risks, and review outcomes.
• Escalate serious AML or fraud incidents to the Chief Compliance Officer promptly for immediate action.
• Oversee team performance, including hiring, training, evaluations, and professional growth.

Qualifications & Skills:

• Bachelors degree in Finance, Accounting, Business Administration, Economics, Law, or related field (or equivalent).
• Advanced or professional certification in AML/FCC is an added advantage.
• Minimum 15 years of relevant experience, with strong knowledge of banking regulations and compliance.
• Deep understanding of financial industry trends, products, and applicable laws and regulations.
• Proficient in banking operations, procedures, and systems to effectively assess and manage compliance risks.
• Hands-on experience in AML, including risk assessments, compliance reviews, and delivering AML training across all lines of defense.