Bank of Singapore opens doors to new opportunities.
At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!
This role offers the candidate the opportunity to work with business, product specialists and collaborate with stakeholders across the bank including Front Office, COO Office, Legal, Technology team to support Financial Intermediaries, Family Offices, and Insurance businesses in Bank of Singapore. The role facilitates the entity-level onboarding and lifecycle management processes for Financial Intermediaries, Insurance brokers and other institutional service providers. The objective is to develop and manage a range of initiatives and service offerings that enhance BOS’ value proposition and contribute to the bank’s business growth.
Main duties
- Collaborate with stakeholders to facilitate entity-level onboarding and lifecycle management processes for Financial Intermediaries, Insurance brokers, and other institutional service providers, ensuring that the bank’s records are accurate and up-to-date.
- Support and conduct periodic reviews of Financial Intermediaries, Insurance brokers and other institutional service provider by preparing review packs after conducting comprehensive pre-checks and ensuring timely completion with consistent standards and efficiency.
- Collaborate with internal key stakeholders, such as Relationship Managers, Wealth Planning Specialist, Compliance, Operations, Product Managers, Finance and Legal, as well as external counterparties such as life insurance companies and brokers to provide comprehensive product support and to identify opportunities for improvement.
- Act as the primary liaison for the Front Office on Financial Intermediaries (FIM) and life Insurance related inquiries, ensuring compliance to the bank’s policies and procedures
Work Experience Requirements
- 3-5 years of experience in client servicing, compliance, or support function with a financial institution or insurance company
- Good knowledge of banking regulations, compliance frameworks and industry best practices.
- Good understanding of financial services and products.
- Analytical, meticulous, and attention to details.
- Good communicator with good interpersonal skills and team player.
- Proficiency in Microsoft office skills with expertise in Excel and PowerPoint preferred. VBA and Power BI knowledge will be an added advantage Driven self-starter who is delivery focused and is a team player encompassing an ability to build partnerships
Skills Required
- 3-5 years of experience in client servicing, compliance, or support function with a financial institution or insurance company
- Good knowledge of banking regulations, compliance frameworks and industry best practices
- Good understanding of financial services and products
- Analytical, meticulous, and attention to details
- Good communicator with good interpersonal skills and team player
- Proficiency in Microsoft office skills with expertise in Excel and PowerPoint
- Knowledge of VBA and Power BI will be an added advantage
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.
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