Senior Compliance Officer

Overview

TAJ MUHABATH SDN. BHD. , a licensed Money Services Business (MSB) regulated by Bank Negara Malaysia (BNM) , is seeking a highly experienced and dedicated Senior Compliance Officer to join our Compliance Department. This role is critical in strengthening the Company's compliance governance and ensuring full adherence to BNM’s AML / CFT regulatory framework , Money Services Business Act 2011 , and internal risk management standards.

Location & Employment

Location : Kuala Lumpur

Employment Type : Full-Time

Responsibilities

• Propose, review, and ensure the effective implementation of internal AML / CFT policies and procedures .
• Lead and manage the implementation of the Compliance and AML / CFT Programme , covering compliance governance, AML / CFT risk assessment, STR investigations, and training.
• Ensure the Company’s full compliance with all statutory and regulatory requirements issued by Bank Negara Malaysia and other relevant authorities.
• Customize and update AML / CFT mechanisms such as Risk-Based Approach (RBA), On-Going Due Diligence (ODD), and Red Flag Parameters in line with business growth and emerging ML / TF trends.
• Provide regulatory advisory to management and operational units on AML / CFT and BNM-related guidelines.
• Identify and assess regulatory changes or emerging risks and disseminate updates to relevant business units proactively.
• Maintain professional relationships with regulators and authorities, engaging actively on compliance reporting, audit reviews, and corrective action implementation.
• Conduct continuous compliance risk assessments and recommend preventive or corrective measures.
• Oversee the internal audit programme to ensure effective AML / CFT monitoring and compliance levels.
• Detect irregular or suspicious activities, conduct internal analysis, and ensure timely STR reporting to FIED (BNM).
• Implement employee competency and training programmes to ensure staff possess sufficient knowledge and skill in AML / CFT compliance.
• Liaise directly with BNM and other regulators on compliance-related matters.
• Coordinate compliance activities across departments and provide timely reports to the CEO and COO .
• Present regular compliance and risk updates to the Board of Directors , including recommendations for mitigation and improvement.
• Supervise and guide the Assistant Compliance Officer , reviewing reports, monitoring transaction reviews, and validating training materials.

Qualifications & Requirements

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