Primary Objective:

The job holder is expected to be independent, meticulous, customer focus and multi-tasking to lead the Trade & Operations team and peers when discharging the Bank’s daily operational matters which includes:

• Process customers’ remittances (SWIFT inward & outward), deposit taking / withdrawal and monitor customer transactions monitoring;
• Process new account opening applications;
• Holding the roles of Investigator & Supervisor in AML system for investigating and closure of alerts;
• Holding the role of verifier profiles for SWIFT system;
• Conduct periodical reviews for customers including the preparation of CDD, EDD & PEP forms.
• Key liaison person with the depositors and ensure queries are attended promptly and professionally;
• Ensure the Bank, Labuan FSA/BNM, other enforcement bodies’ guidelines, directives, legislations are adhered to;
• Supervisory role for Bank Trade and Trade Flow transactions (LC advising, OBC, BG/SBLC etc);
• Manage Bank’s nostro a/cs and ensure no overdrawn in the a/cs, funds are available for loan drawdowns and work closely with Treasury for any FX, MM, customer deposit placement and Islamic commodity trading.
• Prepare / check periodic & ad hoc reports for regulatory, HO reporting in relation to deposits, bank trade, treasury, remittance etc
• Handles any system enhancements or implementation affecting RHBL (eg Bank Trade, BDS, MCA, AML, SWIFT, E-Invoicing etc)

Provide support to SH of Transactional & Support on the following :-

Treasury & Customers’ Transactions Processing

• Liaise with Group Treasury on treasury matters which include FX, MM, long term funding, customer deposit placements, Islamic commodity trading etc
• Process customers’ SWIFT funds transfers (inward & outward) as per written instructions from customers;
• Check daily system reports and advices, provide daily reports to Treasury on cashflow and funding positions;
• Process all bank trade transactions (BG/SBLC, OBC, LC advising) with GTC KL/ Sabah for customers.
• Authorise transactions in MCA System (customers’ Deposits, FX), BDS System (Remittance), SWIFT (remittance/ SWIFT messages) & Bank Trade System (Trade transactions).
• Monitor movement of USD & other nostro accounts balances, including arranging for remittance/ loan drawdown based on instructions from customers and Lending department and maintain a positive balance in the accounts at end of the day.

Relationship Management Alliance (RMA)

• Process RMA request and establish RMA with other FIs.

Account Opening for customers

• Process a/c opening applications by customers & attend to customer queries /requests.
• Perform high risk account review and keep depositors records up-to-date (eg shareholders, directors, signatories, ultimate beneficial owner/senior management, PEP and CRS info)

Management and Monitoring

• Monitor customers’ transactions to ensure they are not connected to money laundering/terrorism financing and conduct review on high risk deposit customers periodically and ensure LFSA Guidelines on AML/CFT, AMLATF Act, Bank’s guidelines are adhered to.
• Timely and accurately report Suspicious Transaction Report in BNM FIS system.
• Implement new guidelines / requirements eg SST, FATCA, CRS, PDPA etc and to ensure in compliance with the legislations/ directives.
• Prepare/check  periodic & ad hoc reports for Management, Treasury, Head Office & Labuan FSA;
• Monitor movement of USD & other nostro accounts balances, including arranging funds for loan drawdown;
• Act as Investigator and Supervisor roles in AML system and to close all alerts in timely manner.

UAT for Operation Systems

• Attend systems upgrade or new systems implementation requirements (eg BDS, MCA, Bank Trade & AML), including UAT.