Business Compliance - AVP

OCBC Bank (Malaysia) Berhad; Malaysia; On-site; MYR 36,000 - 60,000; Full time

Benefits offered by this job

Competitive base salary

Holistic benefits

Professional development opportunities

Job summary

OCBC Bank (Malaysia) Berhad is seeking a diligent Compliance and Operations Associate to support RM sign-offs, KYC programs, and day-to-day operational requests. The role emphasizes accuracy, regulatory awareness, and strong communication within a collaborative team.

Qualification requires a diploma, with at least two years in banking, and proficiency in MS Office. The position involves both compliance tasks and customer-facing operations, offering a competitive salary and development

Qualifications

• Diploma or Advanced/ Higher/ Graduate Diploma in any field is required.
• Minimum 2 years of banking experience.
• Good communication and interpersonal skills.
• Able to work independently with minimal supervision, as well as in a team.
• Mature, meticulous, organized and takes initiative.

Responsibilities

• Assist in the preparation of compliance related requirements for RM review and sign-off.
• Obtain necessary information from customers to complete compliance assessments for RM sign-off/submissions.
• Provide support to Business Units including KYC, OFAC, and other internal/external requirements.
• Monitor and track regulatory compliance and breaches.
• Attend to customers’ inquiries and requests for loan drawdowns, rollover, fund transfers, and other operational transactions.

Skills

Banking experience

Communication skills

Independent worker

MS Office proficiency

Education

Diploma or Higher Diploma

Tools

MS Office

Job description

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.

Compliance

• Assist in the preparation of compliance related requirement e.g. BB Risk Calculators, Enhanced Due Diligence/ Ongoing Due Diligence (EDD/ODD), AML/ Sanction checks etc for Relationship Managers to review and sign-off.
• Obtain the necessary information from customers to complete the compliance assessment for RM’s sign-off / submissions.
• Provide support to Business Units from time to time including KYC, OFAC, appropriateness and other internal and external requirements.
• Monitor and track regulatory compliance and breaches.

Operations Service

• Attending to customers’ inquiries and requests for all loan drawdowns/ rollovers, FD placements/ rollovers, fundtransfers, foreign exchange transactions and other operational transactions such as account statements,balances, fund transfer status, indicative COF etc.
• Handles Account Opening, Account Updates and Audit confirmation requests.
• Attending to customers’ inquiries and requests for all loan drawdowns / rollovers, FD placements/ rollovers, fund transfers, foreign exchange transactions and other operational transactions such as account, statement, balances, fund transfer status, indicative COF etc.

Requirements:

• Candidate must possess at least a Diploma or Advanced/ Higher/ Graduate Diploma in any field.
• Experience/ knowledge of banking is advantageous in the following areas: operations, processes, products, regulations, customer experience etc.
• Minimum 2 years of banking experience.
• Good communication and interpersonal skills.
• Able to work independently with minimal supervision, as well as in a team.
• Mature, meticulous, organized and takes initiative, drive, ability to work independently and in a team.
• Proficient in Microsoft Office applications especially in Word, Excel and PowerPoint.

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.

Compliance

• Assist in the preparation of compliance related requirement e.g. BB Risk Calculators, Enhanced Due Diligence/ Ongoing Due Diligence (EDD/ODD), AML/ Sanction checks etc for Relationship Managers to review and sign-off.
• Obtain the necessary information from customers to complete the compliance assessment for RM’s sign-off / submissions.
• Provide support to Business Units from time to time including KYC, OFAC, appropriateness and other internal and external requirements.
• Monitor and track regulatory compliance and breaches.

Operations Service

• Attending to customers’ inquiries and requests for all loan drawdowns/ rollovers, FD placements/ rollovers, fundtransfers, foreign exchange transactions and other operational transactions such as account statements,balances, fund transfer status, indicative COF etc.
• Handles Account Opening, Account Updates and Audit confirmation requests.
• Attending to customers’ inquiries and requests for all loan drawdowns / rollovers, FD placements/ rollovers, fund transfers, foreign exchange transactions and other operational transactions such as account, statement, balances, fund transfer status, indicative COF etc.

Requirements:

• Candidate must possess at least a Diploma or Advanced/ Higher/ Graduate Diploma in any field.
• Experience/ knowledge of banking is advantageous in the following areas: operations, processes, products, regulations, customer experience etc.
• Minimum 2 years of banking experience.
• Good communication and interpersonal skills.
• Able to work independently with minimal supervision, as well as in a team.
• Mature, meticulous, organized and takes initiative, drive, ability to work independently and in a team.
• Proficient in Microsoft Office applications especially in Word, Excel and PowerPoint.

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.

Unlock job insights

Hirer responsiveness Salary match Number of applicants

OCBC Bank, 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 Southest Asia by assets and one of the world’s most high-rated banks, with an Aa1 rating from Moody’s. It is also ranked by Bloomberg Markets as the world’s strongest bank.

OCBC Bank and its subsidiaries offer a broad array of specialist financial services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC Bank’s key markets are Singapore’s Malaysia, Indonesia and Greater China. It has a network of over 600 branches and representative offices in 18 countries and territories, including more than 330 branches and offices in Indonesia that are operated by its subsidiary, Bank OCBC NISP

OCBC Bank’s insurance subsidiary, Great Eastern Holdings, is the largest Insurance group in Singapore and Malaysia by assets. Its asset management subsidiary, Lion Group Investor, is one of the largest private sector asset management companies in Southest Asia. Private Banking services are provided by subsidiary Bank of Singapore, which continued to gain industry recognition in 2011 including being voted ‘Outstanding Private Bank in Asia Pacific’ by Private Banker international

After being actively involved in offering Islamic banking products and services since 1995, OCBC Bank launched its wholly-owned Islamic banking subsidiary, OCBC Al-Amin Bank Berhad, on 1 December 2008. OCBC Al-Amin offers products and services which are developed based on the applicable Shariah contract and with the endorsement of the Shariah Advisory Committee to meet the requirements of both Muslims and non-Muslims alike.

OCBC Bank, 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 Southest Asia by assets and one of the world’s most high-rated banks, with an Aa1 rating from Moody’s. It is also ranked by Bloomberg Markets as the world’s strongest bank.

OCBC Bank and its subsidiaries offer a broad array of specialist financial services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC Bank’s key markets are Singapore’s Malaysia, Indonesia and Greater China. It has a network of over 600 branches and representative offices in 18 countries and territories, including more than 330 branches and offices in Indonesia that are operated by its subsidiary, Bank OCBC NISP

OCBC Bank’s insurance subsidiary, Great Eastern Holdings, is the largest Insurance group in Singapore and Malaysia by assets. Its asset management subsidiary, Lion Group Investor, is one of the largest private sector asset management companies in Southest Asia. Private Banking services are provided by subsidiary Bank of Singapore, which continued to gain industry recognition in 2011 including being voted ‘Outstanding Private Bank in Asia Pacific’ by Private Banker international

After being actively involved in offering Islamic banking products and services since 1995, OCBC Bank launched its wholly-owned Islamic banking subsidiary, OCBC Al-Amin Bank Berhad, on 1 December 2008. OCBC Al-Amin offers products and services which are developed based on the applicable Shariah contract and with the endorsement of the Shariah Advisory Committee to meet the requirements of both Muslims and non-Muslims alike.

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