CFS AML Risk Management (CARM) Team Manager

OCBC; Kuala Lumpur; On-site; MYR 180,000 - 260,000; Full time

Job summary

OCBC in Kuala Lumpur is seeking a CFS AML Risk Management Team Manager to lead a high-performance AML analysts team. You will drive CDD/EDD reviews, enhance team efficiency, and provide expert guidance to stakeholders across the bank to ensure compliance with regulatory standards.

The role requires a minimum of seven years in AML, strong leadership capabilities, and excellent communication skills to navigate complex investigations and collaborate with multiple business units.

Qualifications

• Minimum 7 years of AML experience, with focus on transaction monitoring, customer screening and enhanced due diligence.
• Proven leadership and people management capabilities in a fast-paced environment.
• Strong written and verbal communication for engagement with stakeholders at all levels.

Responsibilities

• Lead and motivate a high-performance AML team focused on CDD and EDD reviews.
• Provide guidance to business units and branches to ensure regulatory alignment in AML/CFT practices.
• Drive efficiency improvements and robust review processes in the AML function.
• Review and approve CDD/EDD cases and ensure thoroughness and compliance with internal and regulatory standards.
• Stay current with AML/CFT regulations, sanctions policies and industry best practices.
• Collaborate with compliance, legal and business units to ensure consistent application of AML policies.

Skills

Leadership

People management

AML expertise

Stakeholder management

Analytical thinking

Communication

Job description

As the CFS AML Risk Management (CARM) Team Manager, you will lead, motivate, and manage a high-performance team of AML analysts. Your primary responsibilities will include:

• Set clear performance targets and deliverables related to customer due diligence (CDD) and Enhanced Due Diligence (EDD) reviews. Foster a collaborative and high-performing team culture.
• Provide expert guidance and constructive advice to team members, business units, and branch stakeholders on CDD and EDD activities, ensuring alignment with regulatory standards.
• Implement strategies to enhance team efficiency and effectiveness in conducting due diligence reviews.
• Assist the CARM Team Lead in reviewing and approving CDD and EDD cases conducted by AML analysts, ensuring thoroughness and compliance with internal and regulatory standards.
• Stay abreast of AML/CFT and sanction regulations, internal policies, industry trends, and best practices to ensure the team’s compliance with legal and regulatory requirements.
• Collaborate with internal stakeholders, including compliance, legal, and business units, to ensure consistent application of AML/CFT and sanction policies and procedures.
• Support other ad-hoc duties and projects as assigned, contributing to the overall effectiveness of the AML/CFT function.

Skills required:

• Proven leadership and people management skills, with the ability to inspire and develop team members.
• Minimum 7 years of experience in AML, specifically in transaction monitoring, customer screening and enhanced customer due diligence
• Ability to work effectively under tight timelines and pressure, managing multiple tasks simultaneously.
• Excellent written and verbal communication skills, with the ability to engage effectively with stakeholders at various levels.
• Self-motivated, resourceful, and possessing strong analytical and problem-solving abilities.