1+ months

Leader, AML Compliance

Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur 50050

Leader, AML Compliance Kuala Lumpur, Malaysia

Are you passionate about preventing money laundering and other criminal activities? Are you interested in being part of a cutting-edge compliance team? Join Western Union as a Leader, AML Compliance.

Western Union powers your pursuit.

The Leader, AML Compliance for Malaysia and Brunei role will support the development, formulation, implementation and enforcement of policies, procedures, and programs designed to minimize potential money laundering risk for Western Union and its affiliates, within the established strategies of the AML Compliance Department and within the framework of the various regulatory AML regulations for the countries.

Role Responsibilities

  • Develop and implement the compliance program to meet the internal compliance requirement and external regulatory requirement
  • Develop compliance programs and conduct regular compliance / AML reviews
  • Liaise with regulators and handle regulatory inquiries, audits, inspections, questionnaires and surveys
  • Assist rolling out or implementing global or regional policies and procedures for the business and ensure compliance thereof
  • Provide compliance advisory services to management and business units on regulatory and compliance issues and new business initiatives for mitigating compliance risks
  • Identify, manage and control compliance, regulatory and reputational risks
  • Advice business on relevant new laws, rules and regulations in Malaysia and other countries which may impact the compliance program. Assist stakeholders in the interpretation of regulatory changes and their likely impact on the business
  • Conduct training on rules and regulations as well as promotion of compliance awareness and culture, where needed
  • Investigate potential compliance incidents or breaches in conjunction with various internal parties
  • Can effectively apply working knowledge of Global AML/CFT regulations and standards, current money laundering and fraud schemes and investigative techniques to effectively identify and mitigate risk

Role Requirements

  • Minimum 10 years of compliance experience in multinational financial services/payment services organizations with multiple financial products, with strong knowledge of global money transfer products in APAC
  • At least 7 years exposure to any of the following: AML or Regulatory Compliance, general and/or risk-based compliance, yielding a comprehensive understanding of technology and best practices in the Money Transfer Operator compliance field. Project management experience/knowledge with ability to drive projects to successful completion.
  • Strong AML/CFT Compliance knowledge gained from international Money Transfer Services providers with good understanding of the dynamic of international markets and risks.
  • Strong knowledge and experience of compliance framework design and implementation
  • Strong interpersonal skills, with the ability to communicate and consult clearly at all levels business, management and other support functions, analytical, problem-solving, influencing, prioritization, decision making and conflict resolution skills. Proven ability in fostering collaboration and alignment with key stakeholders under an international corporation environment; marshals the resources needed to get the work done.
  • Strong organizational skills must be multi-tasked oriented and able to balance pressure and deadlines with constantly changing priorities.
  • The candidate should have a good understanding of the regulatory environment and the key challenges and developments which the business as well as the wider industry faces

We make financial services accessible to humans everywhere. Join us for whats next.

Western Union is positioned to become the worlds most accessible financial services company transforming lives and communities. Were a diverse and passionate customer-centric team of over 8,000 employees serving 200 countries and territories, reaching customers and receivers around the globe. More than moving money, we design easy-to-use products and services for our digital and physical financial ecosystem that help our customers move forward.

Just as we help our global customers prosper, we support our employees in achieving their professional aspirations. Youll have plenty of opportunities to learn new skills and build a career, as well as receive a great compensation package. If youre ready to help drive the future of financial services, its time for Western Union. Learn more about our purpose and people at https://careers.westernunion.com/.


You will also have access to short-term incentives, multiple health insurance options, accident and life insurance, and access to best-in-class development platforms, to name a few
(https://careers.westernunion.com/global-benefits/). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment.

Your Malaysia specific benefits include:

  • Paid Time Offs
  • Referral Program
  • Employee Assistance Programs
  • Global Recognition and Rewards Programs
  • Employee Wellness

We are passionate about diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws.



  • Banking / Finance
Posted: 2023-09-21 Expires: 2023-12-06



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Leader, AML Compliance

Western Union
Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur 50050


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