Executive, Trade Verification

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Overview :

We are seeking a detail-oriented Executive, Trade Verification to join our team. This role can be based in either Petaling Jaya or Bayan Lepas, Penang.

As a crucial quality assurance function, you will verify trade finance transactions to ensure all parties are meticulously screened against applicable sanctions lists. Your work will be vital in mitigating sanctions-related risks, protecting the bank from regulatory penalties, and safeguarding our reputation.

This role reports to the Manager of Trade Services - Compliance & Risk Management.

Key Responsibilities and Accountabilities :

Functional

Conduct secondary checks on all trade transactions to validate the accuracy and completeness of sanctions screening performed by the Trade Operations team.

Ensure all named parties, vessel details, shipping points, countries, and goods descriptions have been comprehensively screened in line with bank policy and regulatory standards.

Identify, document, and escalate any screening discrepancies, omissions, or policy deviations for timely rectification and risk mitigation.

Analyze error trends to provide insights for process improvements and collaborate with cross-functional teams to streamline workflows.

Prepare and submit ad-hoc reports and ensure timely escalation of operational risks, including Internal Escalations and Loss Event Reporting (LER).

Assist in the coordination of the department's Risk and Control Self-Assessment (RCSA) exercises and perform other duties as assigned.

Jobholder Requirements

Malaysian citizen.

Education / Qualification

Diploma or Bachelor’s degree in Finance, Accountancy, Banking, Business Administration, or a related field.

Experience / Requirements

Fresh graduates and entry-level candidates are encouraged to apply.

Experience in compliance or trade finance operations within a financial institution is an advantage.

Knowledge of trade finance and financial crime regulations, including Anti-Money Laundering / Combating the Financing of Terrorism (AML / CFT) legislation and sanctions, is beneficial.