Compliance Manager - Malaysia

TransferMate

Malaysia
Permanent
Full-time

1 month ago

Job Description:TransferMate through its globally regulated network of payment licenses and technology, provides a unified end-to-end global cross border platform when making or receiving B2B international payments. The group's combined regulated payments capabilities together with its proprietary payments and receivables infrastructure provide safer and simpler ways for businesses of all sizes to collect or pay globally at top speed and at a lower cost through push button user experience allowing for increased transparency and reconciliation features for businesses.TransferMate and its subsidiaries provide regulated payment services across all member states of the EU; UK; Switzerland; 51 states and territories of the USA; Canada; Australia; New Zealand; Hong Kong, Singapore; Malaysia; Philippines; and UAE.The role is responsible for overseeing and managing all aspects of Compliance for TransferMate Malaysia including ensuring adherence with applicable AML/CTF & FS obligations, MSB requirements & obligations as imposed by Bank Negara Malaysia, managing regulatory obligations of our licence and licence renewal activities, providing compliance training, monitoring, and regulatory reporting.This position reports to the Global Head of Regulatory Compliance and contributes to the collaborative mission and vision by assisting with the day-to-day management and integration of an effective compliance program.As Compliance Manager for Malaysia, you will be responsible for:

Driving the strategy, framework and execution of our Compliance program in Malaysia to ensure applicable regulatory requirements and our company's risk requirements are being met comprehensively.
Working closely with Regional Compliance Business teams, broader Compliance, Legal, Product, Operations and other cross-functional teams to understand the overall business environment and be a point of contact for the day-to-day implementation and execution of Compliance policies related to Malaysia.

Interfacing with internal and external stakeholders, including partners and clients, in explaining our Compliance and Risk Management program.
Performing the role of Money Laundering Reporting Officer (MLRO) in Malaysia
Acting as a focal point for employees/stake holders to escalate suspicions of terrorist financing or money laundering activities.
Identifying, assessing, and implementing all relevant new legal and regulatory developments within the compliance framework.
Leading internal and external audits of compliance and regulatory processes and procedures, respond to the results of the audits and assessments, remediate issues identified from the findings, and develop corrective action plans to implement.
Liaising with BNM and other regulatory authorities as required, including ensuring all regulatory conditions of our licence are maintained and satisfied
Ensuring all periodic regulatory reporting and ad-hoc regulatory submissions are submitted on time.
Assist with building out TransferMate's APAC and Global Risk & Compliance Framework

Requirements:

Experience in a similar compliance or risk role within a global organization, preferably in a B2B payments firm or corporate banking environment
Experience in dealing/liaising with regulatory authorities
Ability to understand/interpret new and existing regulatory requirements;
Strong time management and organizational skills
Excellent verbal and written communication skills
Experience and comfortable in establishing relationships with different departments and stakeholders
Attention to detail

Benefits:TransferMate Global Payments is one of the world's fastest-growing FinTech companies, and is transforming the way businesses pay and get paid across international borders. In our organization you will join enthusiastic and energetic colleagues who are ambitious, helpful and welcoming. You will also join a collection of award-winning companies which take career progression and corporate responsibility extremely seriously, all within a positive and friendly workplace culture.

TransferMate

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