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.
How you succeed
To excel in this role, you'll need to stay up-to-date with changing regulatory requirements and industry trends. You'll work collaboratively with business units to identify and assess compliance risks, and develop effective controls to manage these risks. Your analytical and problem-solving skills will be essential in identifying potential compliance issues and implementing solutions to address them.
What you will be doing:
To perform sanctions concern and Russia nexus triggering event review and various data trawl reviews
To assist with designing and implementing compliance training program to BCO and EmB Business Units upon compliance regulatory & policy updates
To assist with designing, proposing and taking lead on any internal work process optimization within BCU; and to participant in any projects to be assigned
Maintain all records related to Triggering Events & STR identified for EmB. To keep track on suspicious transaction trend, and to assist in structure and implement risk control strategy and risk mitigation measures to ensure effective AML control.
To participant in any ad-hoc projects to be assigned
What we are looking for:
Degree in Law, Business, or a related field, with at least 5 years of experience in CDD/ AML and Compliance
Strong knowledge of regulatory requirements and industry trends
Analytical and problem-solving skills, with the ability to identify and assess compliance risks
Excellent communication and interpersonal skills, with the ability to work collaboratively with various stakeholders
Strong attention to detail and organizational skills, with the ability to prioritize tasks and manage multiple projects simultaneously
A proactive and adaptable approach, with a commitment to maintaining the highest standards of integrity and compliance
Professional Member, Hong Kong Institute of Bankers (HKIB), Hong Kong
Associate AML Professional (AAMLP), HKIB, Hong Kong (e.g. CPA, HKSI, IIQE, etc.)
#LI-SL1
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.
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.
OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.
OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.
OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.
OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.
