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

ocbc; Malaysia; On-site; MYR 180,000 - 320,000; Full time

Benefits offered by this job

Competitive salary

Holistic benefits

Learning & development opportunities

Job summary

OCBC Bank is seeking a senior AML/CFT leader to oversee risk management across the CFS portfolio and act as the primary approver for high-risk reviews. The role emphasizes regulatory expertise, strategic leadership, and building a robust financial crime risk culture.

The successful candidate will drive process improvements, automation, and advisory support to business units while engaging senior management and regulators.

Qualifications

• Minimum 7 years of AML/CFT and financial crime risk management experience.
• Strong regulatory knowledge and risk judgement.
• Proven leadership and people management capabilities.
• Ability to manage complex high-risk customer relationships and AML matters.

Responsibilities

• Provide strategic oversight of AML/CFT and financial crime risk management across the CFS portfolio.
• Act as key approver and escalation point for high-risk customer reviews, including EDD, TER, PR, and TR.
• Provide AML/CFT and sanctions advisory support to business units and stakeholders.
• Drive process optimization, automation initiatives, and continuous improvement of AML controls.
• Lead, coach, and develop the CARM team while ensuring effective resource planning and a strong risk culture.

Skills

AML/CFT

Regulatory knowledge

Leadership

Stakeholder mgmt

Risk assessment

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.

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:

• 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.

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.