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.
This is the broad job description of the job profile. Definitive job description should be reviewed and discussed between you and your manager.
Regulatory Compliance Manager
Why Join
As a Regulatory Response Specialist at OCBC, you will play a critical role in ensuring the bank's compliance with regulatory requirements. You will work closely with various stakeholders to identify and mitigate regulatory risks, and develop responses to regulatory inquiries. This role offers a unique opportunity to work at the intersection of banking and regulation, and to contribute to the bank's reputation for integrity and compliance.
How you succeed
To succeed in this role, you will need to stay up-to-date with changing regulatory requirements and develop a deep understanding of the bank's business operations. You will need to collaborate with various stakeholders, including business units, risk management, and compliance teams, to identify and mitigate regulatory risks. You will also need to develop clear and concise responses to regulatory inquiries, and ensure that the bank's responses are timely and effective.
What you do
Provide compliance advice to business units covering products ranging from deposits, unsecured and secured loan, cards, digital channels (RCDRA), insurance and investment products (RCDGM), corporate functions (RCDCC)
Advise and report on FATCA/CRS matters (RCDRA)
Handle culture and conduct matters (RCDRA)
Formulate and maintain regulatory compliance related policies and procedures to ensure compliance with regulatory requirements
Participate in new product & service review process and advise on matters related to regulatory compliance
Prepare and deliver compliance training to relevant Bank’s staff
Assist in disseminating the latest regulatory requirements to the relevant business or functional units and follow-up with the respective units on the respective implementation plan
Handle and manage breach/incident reporting to the regulators
Maintain oversight on local and overseas subsidiaries
Assist in preparing and coordinating responses to regulatory inquiries
Assist in reporting any compliance related issues to management
Handle other ad-hoc tasks assigned by the respective team head or Head of Regulatory Compliance
Who you are
A degree in law, finance, accounting or with relevant qualification
At least 5 years in compliance, audit, and related fields with hands-on experience in compliance
Knowledge in banking products, services, and operations. ECF-Compliance accredited
Logical & analytical skills
Proficiency in both written and spoken English
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. Equal opportunity. Fair employment. Selection based on ability and fit with our culture and values. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
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.
