Job Description

Why Join

You will get to be able to work and collaborate closely with the business units to combat financial crime together in this ever evolving financial crime landscape. Your main role would be to act as key Financial Crime Compliance advisory subject matter expert for the bank. This requires you to be interested in market trends and new financial crime typologies and subject matter expert in MAS 626 particularly from an advisory perspective.

How you succeed

To succeed or excel in the role, you have to exercise good judgment especially in difficult areas of regulation and also to be able to proactively manage compliance and regulatory risk while listening to operational challenges posed by the business units you support.

What you do

• Review Customer Due Diligence assessments from business units for AML/CFT & sanctions risks.
• Review and incorporate latest regulatory requirements to Group CDD procedures.
• Provide sound regulatory advice for new product reviews and facilitate with AML projects including industry projects.
• Provide AML/CFT advisory to the Business units and be a subject matter expert on the interpretation of policies, procedures, and regulations in relations to AML, KYC and CDD
• Assist in reporting of relevant CDD and AML/CFT risk information to stakeholders.
• Identify compliance issues that require follow up or investigation and discuss emerging compliance issues with Business Units to keep up to date with AML/CFT and sanctions laws, regulations, and developments.
• Interact with Business Units for the implementation of procedures and execute oversight function to monitor
• Providing AML/CFT training to Business Unit or 1.5 Compliance unit when required
• Any other duties/assignments that are assigned by the line manager

Who you work with

Group Legal & Compliance takes care of integrity and ensures compliance with all rules and regulations, developing the policies and procedures that manage and mitigate risk. In an evolving world where we\xe2\x80\x99re actively driving digital transformation, it\xe2\x80\x99s no easy task. But we thrive on the challenge because we\xe2\x80\x99re future-ready and focused on driving change.

Qualifications

Who you are

• More than 8 years of relevant experience preferably in FCC advisory. ICA or ACAMS certified preferred.
• Able to multi-task and cope with change and diversity in a fast-paced environment.
• Able to articulate thought process clearly.
• Possess a strong analytical and problem-solving skills with excellent verbal/written communication and interpersonal skills.
• Possess strong project management skill.
• Proficient in MS Office applications such as Excel and PowerPoint.
• Team player, self-motivated and resourceful.

Who we are

Singapore\xe2\x80\x99s longest established bank, we\xe2\x80\x99ve been helping people and businesses get what they want from life 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\xe2\x80\x99re on a journey of transformation. Embracing technology and creativity to become a future-ready learning organisation. But for all that change, the entire focus of our organisation remains to be Simply Spot On. In everything we do.

And so whether you want innovate needs-based 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. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

OCBC Bank