Refinitiv WorldCheck
Mohamad Affes Tamidin
AML/ Compliance Specialist
Kuala Lumpur,14
Summary
Proven analyst with a track record of enhancing transaction monitoring and investigation processes at Hong Leong Bank Berhad, leveraging MS Excel and analytical thinking for risk mitigation and compliance analysis. Demonstrated leadership in team collaboration, significantly improving operational efficiency and system effectiveness. Rational AML/ Compliance Specialist with total of 5 years of experience enhancing banking compliance and operations for organizations through information systems solutions. Proven track record of transforming specific business goals related to growth and efficiency improvements into new system designs. Knowledgeable innovator known for recommending new technologies to enhance existing systems and introduce new systems.
Overview
9
9
years of professional experience
5
5
years of post-secondary education
Work History
Analyst, Transaction Monitoring & Investigation
Hong Leong Bank Berhad
07.2024 - Current
- Enhanced transaction monitoring system efficiency by streamlining processes and implementing risk-based approaches.
- Contributed to risk assessments by providing insights from transaction monitoring activities, helping organization stay ahead of potential threats.
- Assisted in development of new transaction monitoring rules based on emerging trends and typologies.
- Maintained up-to-date knowledge of AML regulations and industry best practices, applying this expertise to enhance effectiveness of transaction monitoring efforts.
- Ensured timely resolution of alerts by maintaining an organized case management system and prioritizing high-risk cases.
- Always be mindful and aging, and evaluate alert to avoid problems with breach reports.
- Reduced false positive alerts through regular tuning of transaction monitoring scenarios and thresholds.
- Developed comprehensive training materials to educate colleagues on transaction monitoring best practices, increasing overall team effectiveness.
- Optimized data quality for analysis through diligent maintenance and updating of customer information within the monitoring system.
- Supported compliance team in meeting regulatory requirements by conducting thorough investigations on flagged transactions.
- Demonstrated commitment to continuous learning by attending relevant training sessions, webinars, and industry conferences to stay informed of emerging trends and best practices in transaction monitoring.
- Strengthened internal controls surrounding the AML program by participating in risk-based testing and working closely with the compliance team to address identified gaps.
- Worked within Microsoft Excel to compile and review information with pivot tables and charts.
- Meet the agreed-upon service level agreement (turnaround time) for the case/transaction reviews/investigations. Targets for productivity and quality (rejects/QA) are set.
- Ensure the prompt and efficient reporting of suspicious transaction reports (STR) to Bank Negara Malaysia's FIED.
Analyst, Global Payment Centre
Hong Leong Bank Berhad
04.2024 - 07.2024
- Conducted Transaction Due Diligence (TDD) and screened the banks' Global Transactions (SIRON Embargo) system.
- Screening and monitoring Outward/Inward Telegraphic Transfer, Global Payment.
- Screening Sanction Watchlist, RUSI List over the RENTAS, and all SWIFT payments.
- Ruling out the Watchlist Hit over the trade payment of global transactions made within international.
- Assist clearance cases of global transactions in SIRON EMBARGO. Assist for RFI for Inward/Outward Telegraphic Transfer to stakeholders related.
- Escalation to the various stakeholders when hit with the potential high and very high risk based on the approach of AML/CFT/TFS.
- Contribute daily BAU tasks with Siron Embargo Team.
- Contribute/share knowledge with the SIRON Embargo-SWIFTs-RENTAS team to the Sanction Exposure by using details for RUSI LIST. To assist in the training for the new joiner for all Siron Embargo process and workflows.
- Improved internal knowledge sharing by developing comprehensive documentation outlining standard operating procedures for various tasks.
- Expedited resolution of transaction discrepancies through prompt investigation and communication with relevant parties.
- Contributed to the development of operational strategies for optimizing the company''s payment systems.
- Monitored performance metrics to identify areas for improvement in payment operations management.
- Streamlined payment processing by implementing efficient operational procedures.
- Provided training and guidance to new team members, fostering a supportive work environment that encouraged growth and learning.
- Ensured compliance with industry regulations by staying updated on evolving changes and incorporating them into daily operations.
- Implemented process improvements that led to increased productivity among team members responsible for handling various aspects of payments processing tasks.
Analyst, Anti-Money Laundering
Hong Leong Bank Berhad
07.2022 - 07.2024
- Successfully managed high-risk clients portfolio by conducting enhanced due diligence reviews.
- Analyzed and investigated clients to conduct detailed customer due diligence and enhanced due diligence review.
- Managed risk effectively by monitoring account activity and conducting thorough customer due diligence.
- Improved efficiency in customer due diligence procedures with thorough knowledge of regulatory requirements and standards.
- Enhanced AML/KYC compliance by conducting thorough customer due diligence and risk assessments.
- Delivered tailored training sessions on various topics within the realm of financial crime prevention including sanctions screening, anti-bribery and corruption, and customer due diligence.
- Optimized customer due diligence procedures, resulting in more accurate risk profiles and better-informed decisionmaking.
- Enhanced KYC compliance by conducting thorough customer due diligence and risk assessments.
- Performed due diligence evaluations of potential acquisition targets or licensing opportunities based on their technological capabilities and competitive positioning within the industry.
- Increased efficiency within the department by regularly reviewing workflow processes and making adjustments as needed.
- Recognized control failures in bank processes, procedures, and customer decisions and categorized losses.
- Assisted in the development of investigative strategies, resulting in more efficient case resolutions.
- Streamlined the due diligence process for increased efficiency and improved turnaround times.
- Mentored junior team members in the development of their investigative skills and knowledge of industry-specific regulations and standards.
- Identified potential compliance issues through meticulous background checks, helping clients avoid costly legal repercussions.
- Identified and researched patterns, trends and anomalies in transactional and customer data to detect and prevent suspicious activity related to money laundering and terrorist financing.
- Interacted with compliance representatives to assess potential unusual activity.
- Completed detailed analysis to detect patterns, trends, anomalies and schemes in transactions and relationships across multiple businesses and products.
- Utilized OFAC Sanction List Search to complete detailed, multi-paged narratives of investigation findings of name screening.
- Maintained updated knowledge of relevant regulations and industry best practices to continuously improve AML/KYC processes.
- Performed periodic reviews of existing client files, ensuring continued adherence to AML/KYC requirements.
- Reduced false positive alerts by refining transaction monitoring rules based on historical data patterns.
- Served as a subject matter expert for colleagues, providing training and support on AML/KYC-related issues, fostering an environment of knowledge sharing and collaboration.
- Developed key performance indicators to measure the effectiveness of AML/KYC processes and identify areas for improvement.
- Collaborated with cross-functional teams to develop and implement AML/KYC policies and procedures, ensuring regulatory compliance.
- Supported KYC processes for prospective and existing customers.
- Consulted with compliance department to create regulatory reports.
- Offered internal support for audit, compliance and reporting activities.
Analyst, Name Screening, Customer Screening Centre
Maybank Berhad
09.2019 - 07.2022
- Conducted thorough investigations of potential matches, ensuring accurate identification of true hits.
- Assisted with regulatory reporting requirements by compiling data on key performance indicators and trends.
- Provided subject matter expertise on AML and sanctions-related issues during internal meetings and external presentations or conferences.
- Established communication channels between departments which improved collaboration and efficiency in the AML and Sanctions Screening process.
- Developed robust case management practices, increasing the overall effectiveness of AML investigations.
- Supported senior management by creating reports that highlighted key metrics related to AML program performance.
- Evaluated transaction patterns and customer profiles to identify potential money laundering trends and typologies.
- Reduced false positives in name screening by refining alert thresholds and parameters.
- Managed high-volume caseloads effectively by remaining organized, focused, and adaptable under pressure in a fast-paced work environment.
- Enhanced accuracy of name screening reports by conducting thorough research and verification processes.
- Reviewed and analyzed detailed records.
- Documented information and submitted detailed reports.
- Obtained background check data on characters, financial statuses and personal histories.
- Collected and analyzed information to monitor compliance outcomes and identify and address trends of non-compliant behavior.
- Performed quality assurance reviews of completed background checks to verify accuracy while identifying areas for improvement in future screenings.
- Utilized advanced search techniques and databases such as using Refinitiv World Check to locate hard-to-find information on individuals during the background check process.
- Conducted comprehensive criminal record searches to provide clients with accurate risk assessments of potential employees or tenants.
- Collaborated with team members to identify best practices in name screening procedures, resulting in a more effective process.
- Participated in internal audit exercises, demonstrating robustness of transaction screening processes to regulators.
- Conducted detailed analyses of customer profiles, identifying potential areas of concern related to transaction activity.
- Streamlined QA processes for increased efficiency and reduced time spent on redundant tasks.
- Mentored and coached team members on QA topics and strategies.
- Acted as a liaison between the QA team and other departments such as Development, Customer Support, and Product Management, ensuring effective communication throughout all stages of the project lifecycle.
- Maintained comprehensive knowledge of relevant industry regulations and standards, ensuring compliance throughout the QA process.
- Conducted training sessions for junior QA analysts, enhancing their skills and knowledge of industry best practices.
- Improved product reliability by executing rigorous test plans and ensuring software met established requirements.
- Collaborated with development teams to identify, track, and resolve workflow defects in a timely manner.
- Identified and documented discrepancies between expected and actual outcomes, contributing to overall name screening quality improvement.
- Streamlined communication between QA and development teams, expediting bug fixes and feature enhancements.
- Enhanced team collaboration, sharing best practices and insights that led to refinement of testing protocols.
- Played a key role in the successful launch of multiple high-stakes projects by prioritizing critical test areas and resource allocation.
- Reduced defect rates through meticulous attention to detail during code reviews, working closely with developers to address any identified issues quickly.
- Subject Matter Expert for identification name screening for Politically Exposed Persons for Myanmar, Republic of Indonesia, Vietnam, Pakistan, and India (High-Risk Countries).
- Assist the Team Lead to consolidate the QA findings by QA GFIU Head.
- Assist the Team Lead in resolving the QA findings by conducting more research and investigations regarding the NIL findings.
Retail Sales Associate
Petron Malaysia Refining & Marketing Bhd
04.2015 - 11.2018
- Greeted customers and helped with product questions, selections, and purchases.
- Helped customers complete purchases, locate items, and join reward programs.
- Handled returns and exchanges professionally, resolving customer issues while adhering to company policies.
- Developed strong relationships with repeat clients, leading to increased loyalty and return visits.
- Maintained a clean and organized store environment, enhancing the overall shopping experience for customers.
- Increased sales revenue through effective product recommendations tailored to individual customers.
- Consistently met personal sales goals through proactive engagement with customers and upselling techniques when appropriate.
- Answered questions about store policies and addressed customer concerns.
- Boosted customer satisfaction by providing exceptional service and addressing concerns promptly.
- Assisted in managing inventory levels, accurately processing shipments, and restocking merchandise as needed.
- Promoted special offers and events by engaging with customers on the sales floor, driving awareness of promotions and boosting sales conversion rates.
- Assisted customers with signing up for P-Miles Card loyalty programs and provided details about key benefits in any Petron Station.
- Managed efficient cash register operations, including scanning items, processing payments, and issuing receipts.
- Reviewed order data on delivery of fuel RON 95, RON 97, and ADO (diesel) basis to verify transactions and shipping dates.
- Recommended, selected, and helped locate and obtain out-of-stock products based on customer requests.
Education
Bachelor's Islamic Finance (Banking) (Hons.) - Islamic Finance And Banking
Universiti Islam Selangor
Bangi, Selangor, Malaysia 04.2001 -
Foundation/ Matriculation/ A-Level - Accounting
Kolej Matrikulasi Selangor
Banting, Selangor, Malaysia 04.2001 -
High School Diploma -
Sekolah Menengah Kebangsaan Sijangkang Jaya
Banting, Selangor, Malaysia 01.2009 - 12.2013
Skills
MS Excel
Affiliations
Affiliate of Asian Institute of Chartered Bankers (AICB) in Anti-Money Laundering (AML) - Anti-Money Laundering / Counter Financing of Terrorism (AML / CFT)
Software
Electronic Document Management Systems (EDMS)
SIRON FICO
Oracle Application Express (OPEX) - Transaction Screening
SIRON EMBARGO
Electronic Bill Payment and Presentment (EBPP)
TRINITY AML MAYBANK LABS
AS400 HOST, ASCEND HOST, HOST EMARS1
Green Earth Bank Statement
Languages
Malay, English
Native language
Indonesian
Advanced
C1
Timeline
Analyst, Transaction Monitoring & Investigation
Hong Leong Bank Berhad
07.2024 - Current
Analyst, Global Payment Centre
Hong Leong Bank Berhad
04.2024 - 07.2024
Analyst, Anti-Money Laundering
Hong Leong Bank Berhad
07.2022 - 07.2024
Analyst, Name Screening, Customer Screening Centre
Maybank Berhad
09.2019 - 07.2022
Retail Sales Associate
Petron Malaysia Refining & Marketing Bhd
04.2015 - 11.2018
High School Diploma -
Sekolah Menengah Kebangsaan Sijangkang Jaya
01.2009 - 12.2013
Bachelor's Islamic Finance (Banking) (Hons.) - Islamic Finance And Banking
Universiti Islam Selangor
04.2001 -
Foundation/ Matriculation/ A-Level - Accounting
Kolej Matrikulasi Selangor
04.2001 -
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