Department Head, Compliance Testing COE Quality Assurance

OCBC; Kuala Lumpur; On-site; MYR 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a seasoned professional to lead a dynamic QA team focused on AML/CFT controls. This role involves planning and executing quality assurance reviews, preparing key metrics for management, and ensuring compliance with regulatory expectations. The ideal candidate will possess over 12 years of experience in risk management within financial institutions, demonstrating strong analytical skills and the ability to communicate effectively. Join a forward-thinking organization that values leadership and innovation in the financial crime compliance space.

Qualifications

• 12+ years in ML/TF risk management with established financial institutions.
• Strong knowledge of AML/CFT regulatory framework in banking.

Responsibilities

• Lead QA team for AML/CFT controls and transaction surveillance.
• Prepare QA metrics for senior management reporting.

Skills

Analytical Skills

Risk Management

Communication Skills

Leadership

Education

University Degree

Job description

Description

1. Lead a team responsible for planning and executing quality assurance (QA) reviews on 1LOD/2LOD AML/CFT controls, including transaction surveillance, name screening and real-time payments screening dispositions.
2. Prepare key QA metrics for senior management reporting, periodically refreshing and enhancing reporting formats and metrics as needed.
3. Work closely with relevant parties to ensure identified gaps are satisfactorily resolved in line with regulatory expectations and industry best practices.
4. Assist with other duties as assigned by the Head of Group Quality Assurance.

Job Qualifications

1. A university degree holder with at least 12 years’ experience in ML/TF risk management with established financial institutions.
2. A well-informed professional with broad knowledge of the business, operations and AML/CFT regulatory framework in a banking group set-up with retail, wholesale and private banking business lines.
3. A meticulous individual with strong analytical skills, sharp risk acumen and sound judgement to identify material ML/TF gaps and red flags.
4. An excellent communicator (both verbal and written) with strong interpersonal skills who can develop and maintain effective working relationships.
5. An effective motivator and leader with a track record of managing teams for the achievement of organisational objectives.

Primary Location: Malaysia-Kuala Lumpur-Kuala Lumpur

Job: Compliance Surveillance

Organization: MAL E2P - GLC - Group Financial Crime Compliance Centre of Excellence (DH)

Schedule: Permanent, Full-time

Job Posting: 19-Mar-2025, 12:00:33 AM