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.
Anti-Money Laundering / BSA - Compliance Specialist
Why Join
As a Compliance Specialist, you play a critical role in protecting OCBC and our customers from financial crimes. You'll work closely with our teams to identify and mitigate risks, ensuring we maintain the highest standards of integrity and compliance. It's a challenging and rewarding role that requires attention to detail, analytical skills, and a passion for making a difference.
How you succeed
To succeed in this role, you'll need to stay up-to-date with changing regulations and emerging trends in financial crimes. You'll work collaboratively with our teams to identify and assess risks, develop effective controls, and implement robust monitoring and reporting systems. Your analytical skills and attention to detail will be essential in identifying potential risks and developing effective mitigation strategies.
What you do
Act as a Subject Matter Expert on AML-related topics, providing advisory support to stakeholders as needed.
Assist in reviewing AML/CFT related procedures to ensure they meet regulatory and Group requirements.
Support the Enhanced Customer Due Diligence review, by conducting assessments and documentation.
Participate in the New Product Approval process, assessing potential AML/CFT risks associated with new offerings.
Collaborate with the Centre of Excellence team to ensure effective management of Name Screening alerts and related processes.
Work closely with Business Units to facilitate the collection of data for regulatory and management reporting.
Assist in managing AML/CFT related internal / external examinations / audits.
Contribute to the development and delivery of AML/CFT training programs.
Report AML/CFT related issues to management.
Support AML/CFT related ad-hoc tasks and projects.
Who you are
- A degree in a relevant field, such as law, finance, or accounting
- At least 8 years of experience in compliance, risk management, or a related field. Candidate with solid system project handling experiences is a plus.
- Strong analytical and problem-solving skills, with attention to detail
- Excellent communication and interpersonal skills, with the ability to work collaboratively with our teams
- Knowledge of anti-money laundering and regulations, with experience in risk management and compliance
- Strong organizational and time management skills, with the ability to prioritize tasks and meet deadlines
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.
Skills Required
- Degree in a relevant field such as law, finance, or accounting
- At least 8 years of experience in compliance, risk management, or a related field
- Strong analytical and problem-solving skills
- Strong attention to detail
- Excellent communication and interpersonal skills
- Ability to work collaboratively with teams
- Knowledge of anti-money laundering regulations
- Experience in risk management and compliance
- Strong organizational and time management skills
- Ability to prioritize tasks and meet deadlines
- Solid system project handling experience
What We Do
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.
