CFS AML Risk Management (CARM) Team Manager

ocbc; Malaysia; On-site; MYR 120,000 - 180,000; Full time

Benefits offered by this job

Competitive base salary

holistic benefits

Community initiatives

Industry-leading learning & dev.

Wellbeing & growth support

Job summary

OCBC Bank in Malaysia seeks a CFS AML Risk Management (CARM) Team Manager to lead a high-performance AML analysts team. You will set targets for customer due diligence (CDD) and enhanced due diligence (EDD), guide team members, and ensure compliance with regulatory standards.

Join a learning-driven environment with opportunities for professional development, holistic benefits, and active collaboration with compliance, legal and business units to strengthen AML/CFT practices.

Qualifications

• Experience in AML/CFT with strong regulatory knowledge.
• Proven leadership and people management experience.
• Excellent written and verbal communication skills.
• Ability to work under pressure and manage multiple tasks.

Responsibilities

• Lead and motivate a high-performance AML/CFT team (CDD/EDD).
• Set clear performance targets and deliverables for the team.
• Provide guidance to team members, business units and branches on CDD/EDD activities.
• Review and approve CDD/EDD cases for compliance and quality.
• Stay updated on AML/CFT regulations, sanctions and internal policies.
• Collaborate with compliance, legal and business units to ensure policy consistency.
• Support ad-hoc duties and AML/CFT projects.

Skills

Leadership

People management

Communication

Analytical skills

Time management

Education

Bachelor's degree

Job description

WHO WE ARE:

As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

Today, we're on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia's leading financial services partner for a sustainable future.

We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

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.

Requirement:

• Education: University degree in a relevant field.
• Experience: Minimum of 7 years of comprehensive experience in AML/CFT, including transaction monitoring, customer screening and enhanced customer due diligence.
• Technical Knowledge: Strong understanding of regulatory requirements related to AML/CFT and sanctions.
• Additional knowledge: Familiarity with consumer banking products and services, as well as regulations governing the consumer banking sector, is an added advantage.

Skills required:

• Proven leadership and people management skills, with the ability to inspire and develop team members.
• 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.

What we offer:

• Competitive base salary.
• A suite of holistic, flexible benefits to suit every lifestyle.
• Community initiatives.
• Industry-leading learning and professional development opportunities.
• Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.