KYC Executive

Role Summary

The Know Your Client (KYC) Executive plays a critical role in supporting the firm’s Compliance and Risk Management functions by ensuring adherence to regulatory requirements. This includes conducting Client Due Diligence (CDD) in line with Bank Negara Malaysia (BNM) Anti-Money Laundering (AML) policies. This role also involves close collaboration with lawyers and partners to clarify KYC requirements and facilitate a smooth client onboarding process.

Key Responsibilities

1. Client Due Diligence & Ongoing Monitoring

• Perform CDD and Enhanced CDD in compliance with BNM AML policies.
• Collect, review and verify clients’ identity documents.
• Screen clients against sanction lists, politically exposed persons (PEP) databases, and adverse media sources.
• Assess client risk levels based on geography, product/services risk, and transaction/delivery channel risk.
• Identify and escalate potentially suspicious transactions or high-risk clients to the Compliance Officers.
• Serve as a point of contact for lawyers’ inquiries regarding KYC documentation and discuss with Compliance Officers as necessary.
• Monitor and stay informed of updates to AML/CFT laws and BNM guidelines to ensure ongoing alignment.

1. Record Management

• Maintain accurate and up-to-date records of all KYC and onboarding documents in compliance with BNM regulations.
• Monitor expiring KYC documents and proactively request updates from the legal team.
• Organize and store all KYC documents, ensuring it is retrievable for periodic compliance reviews, reporting to the relevant authority, as well as regulatory audits.

1. Administrative & Risk Management Support

• Provide administrative support to the Compliance & Risk Management team as needed.
• Assist with Compliance & Risk Management related tasks for ad-hoc requests or special projects.
• Prepare reports and presentations related to KYC and compliance activities for management and compliance reviews. Additionally, prepare training materials for training sessions.
• Coordinate AML/KYC training sessions for internal staff.

Requirements

1. Education – Diploma or bachelor’s degree in law, accounting, business, or a related field.
2. Experience – 2 to 5 years of experience in AML/CFT compliance, preferably in legal, financial institution or professional services.
3. Technical Skills – Strong knowledge of AML/CFT laws and BNM regulations. Familiarity with KYC screening tools (such as World Check Refinitiv), and risk assessment framework. Proficiency in Microsoft Office (Word, Excel, PowerPoint) and document management systems.
4. Soft Skills – Excellent attention to detail. Strong organizational and multitasking skills to balance compliance and administrative tasks. Effective written and verbal communication skills for internal coordination and client interactions. Ability to work under pressure and meet deadlines in a fast-paced environment.

Interested applicants may send in CV, Transcripts (SPM or equivalent onwards) and Cover Letter (optional) to [email protected]