CFS AML/CFT Compliance

  • Competitive
  • Kuala Lumpur, Malaysia
  • Permanent, Full time
  • OCBC Bank (Malaysia) Berhad
  • 20 Feb 18 2018-02-20

CFS AML/CFT Compliance

• Keep abreast of all developments on AML and collaborate with the relevant stakeholders to adopt best industry practices

• Perform 2nd level assurance checks on the following areas to ensure that reviews have been appropriately completed and documented:
 Assessment of name screening hits
 Review of customer's transactional activities for suspicious transactions
 Enhanced customer due diligence and periodic reviews
 Exit Strategy Plans

• File Suspicious Transaction Reports to Regulatory Compliance Unit where required

• Provide support to any request for information from Regulatory Compliance Unit. Where necessary, to liaise with business units to obtain the required information

• Documented Division AML procedure and communicated key changes to relevant party for implementation.

• Provide advisory support to business units where required

• Conduct AML Training to all CFS Division staff

• Support other ad-hoc duties and projects


Degree with minimum 2 -3 years of broad based AML/ CFT experience (i.e. transaction monitoring, screening & sanctions, KYC). Possess knowledge of consumer banking products and services as well as regulations governing the consumer banking business and products will be an added advantage

Technical skills:

• Good understanding of regulatory requirements relating to money laundering and terrorism financing

Skills required:

• Team player and able to analyze issues independently
• Good written and oral communication skills and ability to interact effectively with people at different levels