Job purpose:
- To assist the entity in managing the regulatory (mainly AML & Sanctions) and reputational risk related requirements set out in:-
- Relevant German/international whichever is stricter law and regulations.
- Global policies set forth and the standards communicated by GM-CO
Key activities:
General / Compliance Culture
- Facilitate compliance of the entity with applicable banking and securities laws, regulations, and internal guidelines regarding AML/CFT and Sanctions.
- Perform Sanctions screening in PELICAN OFAC (Sanction screening tool of Commerzbank) only as maker function
- Perform AML and Sanction screening on Export/Import Letters of Credit, Guarantees, Import/Export Collection received by the bank (SWIFT Messages) only as maker function
- Perform AML and Sanction screening on transport documents presented by presenting bank only as maker function
- Perform Voyage Check and Dual Use Goods check only as maker function
- Ensure high quality of AML and Sanctions screening and this will be reflected in quarterly desk review
- Report and escalate all violations and suspicious behavior to TPC Compliance Officer
- Maintain Due Diligence at the highest level of quality to protect the Bank from regulatory risk which could result into financial and reputational damage.
- Ensure awareness and full compliance regulations, policies, guidelines, procedures and practices.
- Respond to email and queries from internal customers and stake holders on a timely manner.
Compliance Advisory Service
- Learn from the senior team member on exercising good judgement in making decisions or recommendations in relation to case investigation.
- Learn to be able to accurately and thoroughly screen MT messages and Transport documents/Voyage journey to detect and identify the non-compliance or violations as per Commerzbank AML/Sanctions Policy.
- Learn to be outspoken and not afraid to raise any issues with regards to noncompliance, if any.
- Any other tasks assigned by Group Head of Due Diligence Team
Formal education:
Candidate must possess at least Bachelor's Degree/Post Graduate Diploma/Professional Degree in Banking & Finance, General Management or Law
Specialist knowledge (work experience, further qualification):
- Preferably Entry Level specialized in Banking/Financial Services
- No work experience required.
- Minimum CGPA is 3.0 pointer
- Strong team player with strong interpersonal and communicative skills.
- Required language(s): Fluent verbal and written in English required.
- Required Skill(s): MS Office and etc.
Characteristics:
- Meticulous
- Capacity for teamwork
- Analytical skills
- Ability to work in a deadline driven environment
- Interest to work in a new and developing organisation
- Interest to develop new processes
- Fast learner
- Willingness to learn on the job
NOTE: Successful candidates will be employed on a 6-months contract directly under Commerz Global Service Solutions Sdn Bhd. Upon completion of the Corporate Trainee Program, permanent employment will be offered based on the overall performance evaluation throughout the 6 months program.
