Compliance & Money Laundering Reporting Officer - MY

Role Summary

The Compliance & Money Laundering Reporting Officer will serve as the appointed Money Laundering Reporting Officer for NIUM Malaysia and will be responsible for the design, implementation, oversight, and continuous enhancement of the AML/CFT, sanctions, and financial crime compliance framework in accordance with the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA), Bank Negara Malaysia (BNM) requirements, and NIUM's global compliance standards.

The successful candidate will act as the primary liaison with Bank Negara Malaysia and other regulatory authorities on AML/CFT matters while partnering closely with business, operations, product, legal, and compliance teams to support NIUM's growth in Malaysia.

Key Responsibilities

• Serve as the designated Compliance & Money Laundering Reporting Officer for NIUM Malaysia.
• Own and maintain the Malaysia AML/CFT and Sanctions Compliance Programme.
• Ensure compliance with AMLA 2001, BNM AML/CFT Policy Documents, sanctions requirements, and applicable regulatory obligations.
• Act as the primary contact for Bank Negara Malaysia on AML/CFT matters, regulatory inspections, audits, and information requests.
• Review and approve Suspicious Transaction Reports (STRs) and ensure timely submission to the relevant authorities.
• Provide oversight of:
• Customer Due Diligence (CDD)
• Enhanced Due Diligence (EDD)
• PEP screening
• Sanctions screening
• Transaction Monitoring
• Name Screening
• Ongoing customer risk reviews
• Lead periodic AML risk assessments and enterprise financial crime risk assessments.
• Monitor emerging AML/CFT regulations and ensure timely implementation of regulatory changes.
• Develop and maintain AML/CFT policies, procedures, and internal controls.
• Present AML/CFT updates, risk assessments, and compliance reports to senior management and governance committees.
• Partner with Product and Operations teams to ensure AML controls are embedded into new products and payment flows.
• Oversee AML investigations and ensure appropriate escalation of financial crime risks.
• Lead AML training and awareness programmes across the Malaysia entity.
• Support internal audit, external audit, and regulatory examinations.

Requirements

• Bachelor's degree in Law, Finance, Accounting, Business, Risk Management, or a related discipline.
• ACAMS, ICA, or equivalent AML certification preferred.
• Minimum 12+ years of experience in AML/CFT, Financial Crime Compliance, or Regulatory Compliance.
• Prior experience serving as an MLRO or Deputy MLRO within a regulated financial institution, payments company, fintech, digital bank, or e-money institution.
• Strong knowledge of:
• AMLA 2001
• BNM AML/CFT requirements
• FATF Recommendations
• Sanctions regulations
• Financial crime risk management
• Experience with transaction monitoring, sanctions screening, KYC/EDD, and suspicious activity reporting.
• Excellent stakeholder management and regulatory engagement experience.
• Strong analytical, decision-making, and problem-solving skills.
• Excellent written and verbal communication skills.

Preferred Experience

• Experience within cross-border payments, fintech, digital banking, payment service providers, or correspondent banking.
• Familiarity with AML transaction monitoring systems such as Actimize, Feedzai, Featurespace, ComplyAdvantage, or similar platforms.
• Experience managing regulatory examinations and remediation programmes.
• Experience working in a high-growth, fast-paced fintech environment.