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.
Responsibilities
Perform onboarding assessments on new and existing customers, including Know Your Customer (KYC) and Customer Due Diligence (CDD), document verification, background checks, and establishing beneficial ownership to ensure compliance with AML/CFT regulatory guidelines and the Bank’s policies and procedures.
Perform AML alert assessments and closures raised on the Bank’s screening system
Conduct Enhanced Due Diligence (EDD) on higher-risk customers and implement appropriate risk mitigation measures.
Collaborate closely with business units to conduct AML/CFT assessments throughout the customer onboarding process.
Provide timely and accurate status updates, maintaining detailed and organized records for all assigned tasks.
Participate in ad hoc projects, initiatives, and other duties as assigned by supervisors and management.
Maintain up-to-date knowledge of AML/CFT laws, regulations, and industry best practices to uphold compliance standards.
Requirements:
Professional qualification or university degree in Banking, Finance, Business, Accounting, Economics, or a related field.
Candidates with 2 to 3 years of relevant experience in banking, financial services, or related areas are encouraged to apply. Experience in Risk Management, Audit, or Compliance will be considered an advantage.
Solid knowledge and understanding of regulations related to anti-money laundering, terrorism financing, proliferation financing, and financial crime.
Demonstrated leadership potential and good people management skills.
Strong written and verbal communication skills, with the ability to communicate effectively at different levels. Proficiency or understanding of Mandarin is an added advantage.
Ability to work well under pressure, meet deadlines, and manage multiple tasks.
Good analytical and problem-solving skills.
Enthusiastic, flexible, and willing to take on new challenges and responsibilities.
Good interpersonal skills and a team-oriented attitude.
Detail-oriented and energetic.
Committed to providing excellent service and maintaining high work quality.
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.
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.
