Associate, Financial Crime Compliance

About Grab and Our Workplace

Grab is Southeast Asia's leading superapp. From getting your favourite meals delivered to helping you manage your finances and getting around town hassle-free, we've got your back with everything. In Grab, purpose gives us joy and habits build excellence, while harnessing the power of Technology and AI to deliver the mission of driving Southeast Asia forward by economically empowering everyone, with heart, hunger, honour, and humility.

Get to Know the Team

• Grab's Compliance and Government Relations team plays a strategic role in supporting the sustainable growth and operations of the largest FinTech in South-East Asia. The team is led from Singapore and supplemented with in-country representatives in each core country market, providing coverage for Grab's regulated entities and products.
• The team partners closely with the business to address regulatory issues and provide interpretive guidance to ensure compliance with current/developing regional regulations. The team also corresponds with regional regulators and proactively identifies opportunities to deepen relationships with key government stakeholders.

Get to Know the Role

• This is a unique and dynamic role that taps on both compliance and stakeholder management skills, and which employs cutting edge digital technology to protect the business.
• Your role will primarily focus on protecting the business across the region. The role will require you to have an understanding of the fundamentals of financial crime including AML / Sanctions / CFT risk areas across the South-East Region.
• You will report into the Senior Manager, Financial Crime Compliance and be based in Petaling Jaya, working onsite.

The Critical Tasks You Will Perform

• You will have the capability to apply regional regulatory requirements.
• You will review and test financial crime-related processes across the organization by designing control tests. Additionally, you will suggest potential issues, mitigating factors, and rationales.
• You need to understand the risks associated with products, services, and delivery channels that GFG engages in and provide advice on mitigants.
• You will implement controls such as documenting procedures, or oversee process implementations to ensure they are completed to a high standard.
• You will support the Financial Crime Compliance team, including Country Compliance Officers, by conducting ad-hoc reviews and process improvement plans related to your focus area.
• You will document and escalate potential KYC, TM alerts, and ODD issues to the Compliance team.
• You will collaborate with multiple related business, product, and risk units to implement applicable AML procedures.
• You will support the enforcement of governance and reporting on AML, CTF, and Sanctions risk-related issues for management meetings.

What Essential Skills You Will Need

• You will have at least 3 years of relevant experience, working in regulatory compliance or internal audit in a local financial institution.
• You will be prioritized for assessment if you are a highly qualified candidate with experience working for a financial regulator.
• You will have experience in drafting policy recommendation papers, or policies, procedures, and manuals.
• You will have experience in collaborating with financial regulators, responding to regulatory inquiries and surveys, and managing inspections.
• You will have experience in stakeholder management at all levels, particularly senior stakeholders.

Life at Grab

We care about your well-being at Grab, here are some of the global benefits we offer:

• We have your back with Term Life Insurance and comprehensive Medical Insurance.
• With GrabFlex, create a benefits package that suits your needs and aspirations.
• Celebrate moments that matter in life with loved ones through Parental and Birthday leave, and give back to your communities through Love-all-Serve-all (LASA) volunteering leave
• We have a confidential Grabber Assistance Programme to guide and uplift you and your loved ones through life's challenges.
• Balancing personal commitments and life's demands are made easier with our FlexWork arrangements such as differentiated hours

What We Stand For at Grab

We are committed to building an inclusive and equitable workplace that enables diverse Grabbers to grow and perform at their best. As an equal opportunity employer, we consider all candidates fairly and equally regardless of nationality, ethnicity, religion, age, gender identity, sexual orientation, family commitments, physical and mental impairments or disabilities, and other attributes that make them unique.

For further information, and to apply, please visit our website via the “Apply” button below.

Candidates must be resident in Malaysia, or have the right to work in Malaysia.