AVP, BMO AML Controls Reviewer (Kuala Lumpur)

Job Description

• Conduct risk assessments and provide risk acceptance recommendations, primarily for high-risk clients within the client group, following initial pre-assessments by AML Operations / branch operations / Relationship Manager (RM) / Customer Advisory (CA), or Senior Customer Advisory (SCA).
• 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 the Source of Wealth (SOW) write-up and any corroboration provided by AML Operations, CA, or SCA. Update or revise the SOW narrative based on the latest available information and supporting documentation.
• Collaborate closely with AML Operations, RM, CA, or SCA teams to ensure timely and accurate completion of in-scope reviews.
• Provide business recommendation if to retain or exit client relationships...