L2 AML Risk Analyst

OCBC; Kuala Lumpur; On-site; MYR 283,643 - 378,190; Full time

Job summary

OCBC's GCFS CARM Hub, part of Global Consumer Financial Services Risk and Prevention, seeks an AML Risk & Prevention Specialist to join a fast-paced team that collaborates with the GFCC COE to proactively manage AML risks across Singapore and Hong Kong.

You will perform due diligence, adjudicate Level 2 alerts, and support continuous improvement of AML processes while ensuring regulatory compliance and data integrity. Mandarin or Cantonese language skills are a plus.

Qualifications

• Diploma or degree in a relevant field.
• Minimum 2 years in Periodic Reviews/Sanctions/AML/CFT alerts assessment.
• Knowledge of sanctions, AML and terrorism financing regulations.

Responsibilities

• Conduct comprehensive due diligence and periodic reviews.
• Adjudicate Level 2 alerts via investigations and/or customer outreach.
• Support team operations and drive continuous improvement of AML processes; update SOPs.
• Perform reconciliation checks to maintain data integrity.

Skills

Analytical abilities

Risk assessment

Communication skills

Mandarin or Cantonese (plus)

Education

Diploma or Degree holder

Job description

Risk & Prevention Specialist

Our GCFS CARM Hub is a dedicated Anti-Money Laundering (AML) risk management team operating under OCBC Global Consumer Financial Services (GCFS) Risk and Prevention. Functioning within a dynamic and fast‑paced environment, the team collaborates closely with GCFS Risk and Prevention and the GFCC Centre of Excellence (COE) to proactively manage AML risks.

Overview

As a team member you will handle a range of AML/CFT control and risk mitigation activities across Singapore and Hong Kong, ensuring compliance and risk mitigation.

Key Responsibilities

• Conduct comprehensive Due Diligence and Periodic Reviews.
• Adjudicate Level 2 (L2) Alerts through investigative reviews and/or direct customer outreach, covering:
  • Name Screening Alerts
  • Transaction Monitoring Alerts
• Support team operations and enhance performance through various ad‑hoc duties, including but not limited to:
  • Identifying, proposing, and implementing continuous improvement initiatives to increase effectiveness and efficiency of AML processes and controls, leveraging technology and streamlining workflows.
  • Perform reconciliation checks to maintain data integrity and accuracy.
  • Document and update Standard Operating Procedures (SOPs) to reflect best practices and regulatory changes.

Who You Are

• Diploma or Degree holder aspiring to develop a career in Financial Crime Risk management.
• Minimum of 2 years experience in Periodic Reviews/Sanctions/AML/CFT alerts assessment.
• Technical knowledge and understanding of regulatory requirements relating to sanctions, money laundering and terrorism financing.
• Passionate about developing a career in Financial Crime risk management and compliance; professional AML certification (e.g., ACAMS and CAMCO) is a plus.
• Independent self‑starter with strong analytical and risk assessment abilities.
• Committed, focused, and positive with progressive behavioural traits.
• Good written and oral communication skills and ability to interact effectively with people at different levels, including customers.
• Mandarin or Cantonese speaking is a plus.
• Forward‑looking and embraces technology to drive efficient and effective financial risk management.

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.
• Equal opportunity and fair employment; selection based on ability and fit with our culture and values.
• Your wellbeing, growth and aspirations are cared for as much as the needs of our customers.