Senior AML Controls Reviewer: Risk & Compliance Leader

2201 United Overseas Bank (Malaysia) Bhd; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

2201 United Overseas Bank (Malaysia) Bhd is seeking an AML/risk specialist to conduct risk assessments for high-risk clients, review risk factors, and obtain required approvals. You will work with AML Operations, RM, CA, and SCA to ensure accurate reviews and timely decisions.

The ideal candidate has a Bachelor’s in Finance, 5+ years in banking with AML/compliance exposure, strong analytical skills, and MS Office proficiency. AML/CFT knowledge is essential; certifications are advantageous.

Qualifications

• Bachelor's degree in finance or related field.
• Minimum 5 years of banking/financial services experience with AML, compliance or risk management exposure.
• Experience reviewing Source of Wealth (SOW) narratives and supporting documentation.

Responsibilities

• Conduct risk assessments and provide risk acceptance recommendations for high-risk clients.
• Review risk factors and changes in risk ratings flagged by AML Operations/branch operations/CA/SCA.
• Ensure appropriate approvals are obtained to complete the review process.
• Assess the client’s background, including SOW write-up and corroboration by AML Ops/CA/SCA.
• Update or revise the SOW narrative based on latest information and docs.
• Collaborate with AML Ops, RM, CA or SCA teams for timely reviews.
• Provide business recommendations on retaining or exiting client relationships.

Skills

Analytical skills

MS Excel

MS Word

AML/CFT knowledge

AML Specialist cert (advantageous)

Education

Bachelor's Degree in Finance related discipline

Tools

Microsoft Office Suite

Job description

2201 United Overseas Bank (Malaysia) Bhd is seeking an AML/risk specialist to conduct risk assessments for high-risk clients, review risk factors, and obtain required approvals. You will work with AML Operations, RM, CA, and SCA to ensure accurate reviews and timely decisions.

The ideal candidate has a Bachelor’s in Finance, 5+ years in banking with AML/compliance exposure, strong analytical skills, and MS Office proficiency. AML/CFT knowledge is essential; certifications are advantageous.