Description Primary Objective:Participate in Anti-Financial Crime ("AFC") audits for RHB Group to assess and subsequently provide independent assurance to the Senior Management and Board Audit Committee that RHB Group's AML, Sanctions and/or Anti-Bribery & Corruption ("ABC") governance and controls put in place are designed and operating effectively and in compliance with AML, Sanctions and/or ABC requirements prescribed by the regulators.
Key Responsibilities: AFC Audit Methodology and Subject Matter Expertise Implement the roll-out of the approved AFC audit programmes, for all AFC audits performed.
Participate on the review and evaluation of the parameters set in the AFC audit risk assessment methodology to ensure the robustness of the annual AFC audit planning process.
Update and maintain the database of all AFC-related audit issues raised by GIA to identify high risk areas or areas which are prone to have control lapses, to enable GIA to provide value-added service to and assist Senior Management to come up with sustainable remediation actions to address the lapses and to prevent recurrence.
Participate in engagements with internal and external stakeholders, including but not limited to Group AML Practices, Group Integrity & Governance, regularly to collaborate and keep abreast with changes made to the business activities / processes and/or Group's framework / policies or regulatory changes in AFC areas in other geographies where RHB has presence.
Participate in adhoc audits or validation activities on AFC-related areas, as and when requested by Management, Board Audit Committee or regulators.
AFC Audit Engagement, Monitoring and Reporting Participate in AFC-specific audits to ensure the audit objectives are met and audit is completed within the timeline, manpower resources and cost allocated.
Participate in audit discussions with the AFC risk owners and control owners on issues raised, including identifying the root causes for the lapses and provide sound recommendation to remediate the lapses and address the root causes to prevent recurrence.
Provide input and/or recommendation to business management during the course of the AFC audits to put in place new or strengthen existing AFC controls to mitigate AFC risks.
Initiate issue tracking / follow up mechanism and validation of completed remedial actions for all AFC-related issues to ensure the lapses highlighted are fully remediated.
Implement robust mechanism to track, monitor and report AFC-related issues raised in the respective governance forums and/or to regulators.
Consultation, Advisory and Administration Ensure completion of audit documentation in the Audit Management System (AMS).
Review and provide advice / comment / feedback on proposal papers for new or revised framework, policies, guidelines, manuals, etc.
Carry out any adhoc / administrative tasks as assigned by Head / Lead.
Requirements Requirements: Bachelor Degree -• Relevant Degree from recognized and accredited universities / higher learning institutions.• Minimum 3 – 5 years of experience in audit, financial crime compliance, regulatory compliance or risk management functions in established financial institutions.• Proficient AML/CFT knowledge in a broad range of financial services activities, products, and services, including functional knowledge of AML/CFT banking regulations in Malaysia..- Certified Anti-Money Laundering Specialist (CAMS); or Certified Anti-Money Laundering & Counter Financing or Terrorism Compliance Officer (CAMCO); or Certified Internal Auditor (CIA); or Certified Bank Auditor (CBA); or Other relevant auditing or accounting certification/membership with relevant professional bodies.Good analytical, interpersonal and communication skills.Meticulous, independent, resourceful, good in time management and able to multitask.Good working knowledge of internal control principles and practices in AFC-related activities, products and services and AFC-related requirements and regulations in Malaysia Benefits Dental, Education support, Miscellaneous allowance, Medical, Loans, Sports (e.g.
Gym), Parking, Vision, Regular hours, Mondays - Fridays, Casual Business Wear, Performance Based Rewards