VP/ED - CARM Team Lead (CFS R&P)

OCBC Bank (Malaysia) Berhad; Malaysia; On-site; MYR 300,000 - 420,000; Full time

Benefits offered by this job

Competitive base salary

Holistic benefits

Industry-leading learning & dev

Job summary

OCBC Bank (Malaysia) Berhad is seeking a senior AML/CFT leader to oversee financial crime risk across the portfolio and act as the escalation point for high‑risk reviews. You will provide advisory support to business units, drive control improvements, and coach the CARM team to strengthen risk culture.

The role requires substantial experience in AML/CFT, strong regulatory knowledge, and proven leadership to balance prudent growth with robust controls.

Qualifications

• Deep AML/CFT, sanctions, and financial crime risk management expertise with minimum of 7 years of experience.
• Strong regulatory knowledge and sound risk judgement.
• Proven leadership and people management capabilities.
• Ability to make informed decisions on complex high‑risk customer relationships and AML risk matters.

Responsibilities

• Provides strategic oversight of AML/CFT and financial crime risk management across the CFS portfolio, ensuring adherence to regulatory requirements and policies.
• Acts as the key approver/escalation point for high‑risk customer reviews (EDD, TER, PR, TR) with robust identification, assessment, and mitigation of risks.
• Provides AML/CFT and sanctions advisory support to business units and stakeholders to enable prudent growth while maintaining controls.
• Drives process optimization, automation initiatives, and continuous improvement of AML/CFT controls and efficiency.

Skills

AML/CFT

Sanctions

Financial crime

Leadership

Stakeholder management

Regulatory knowledge

Job description

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.

Key Responsibilities

• Provides strategic oversight of AML/CFT and financial crime risk management across the CFS portfolio, ensuring adherence to regulatory requirements, Group policies, and industry best practices.
• Acts as the key approver and escalation point for high‑risk customer reviews, including Enhanced Due Diligence (EDD), Trigger Event Reviews (TER), Periodic Reviews (PR), and Transaction Reviews (TR), ensuring robust identification, assessment, and mitigation of AML/CFT risks.
• Provides AML/CFT and sanctions advisory support to business units and stakeholders, enabling prudent business growth while maintaining strong financial crime risk controls.
• Drives process optimization, automation initiatives, and continuous improvement of AML/CFT controls and operational efficiency.
• Leads, coaches, and develops the CARM team while ensuring effective resource planning, quality assurance, capability building, and a strong risk and compliance culture.

Requirements:

Given the significance of the role, we are seeking a candidate with:

• Deep AML/CFT, sanctions, and financial crime risk management expertise with minimum of 7 years of experience.
• Strong regulatory knowledge and sound risk judgement.
• Proven leadership and people management capabilities.
• Ability to make informed decisions on complex high‑risk customer relationships and AML risk matters.
• Strong stakeholder management and communication skills to effectively engage senior management, business units, Compliance, Audit, and regulators.
• Demonstrated capability in driving process improvements, automation initiatives, and continuous enhancement of AML controls.

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.

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.