Compliance Officer

OCBC Malaysia; Malaysia; On-site; MYR 60,000 - 90,000; Full time

Job summary

OCBC Bank Malaysia is seeking an experienced risk and regulatory professional to uplift compliance standards within the department. You will perform risk and regulatory reviews, coordinate with internal and external stakeholders, and help ensure adherence to RCSA, CSA, and policy guidelines.

The role requires at least 2 years of experience in risk management and an ability to meet tight deadlines, with strong written and oral communication skills to advise and guide teams across the organisation.

Qualifications

• Minimum 2 years of experience in risk management and regulatory guidelines.
• Able to meet tight deadlines.
• Strong written and oral communication skills.
• Ability to independently discharge duties with minimal supervision.
• Good understanding of regulatory requirements in payments.

Responsibilities

• Uplift compliance and risk standards of the department in accordance with internal and external guidelines/policies.
• Perform compliance and risk reviews (RCSA, CSA, control testing) in a timely manner.
• Keep abreast of new/revised guidelines and policies; perform gap analysis and ensure compliance.
• Coordinate audit reviews, queries and responses.
• Review Business Continuity planner and participate in disaster recovery exercises as part of business continuity management.
• Liaise with internal/external stakeholders and Group/Head Office to implement action plans and mitigation controls.
• Perform follow-up where necessary.

Skills

Risk management

Regulatory guidelines

Communication skills

Independent work

Deadline-oriented

Job description

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.

Job Responsibilities:

• Uplift compliance and risk standards of the department in accordance to internal and external guidelines / policies.
• Perform compliance and risk reviews, i.e. RCSA, CSA, control testing, etc. in a timely manner.
• Keep abreast of new / revised guidelines and polices, perform gap analysis and ensure that the department complies with the requirements.
• Coordinate audit reviews, queries and responses.
• Review Business Continuity planner and participate in disaster recovery exercises as part of business continuity management.
• Liaise with internal / external stakeholders and Group / Head Office to collectively implement action plans and mitigation controls.
• Perform follow up where necessary.
• Candidate with minimum 2 years of experience in risk management and regulatory guidelines, and able to meet tight deadlines.
• Independently discharge duties without much supervision and able to provide effective advice and guidance.
• Possess positive work attitude and good understanding of regulatory requirements in the subject of payments.
• Strong written and oral communication skills.

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.

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world's highest credit rating (Aa1 by Moody's and AA- by both Fitch and S&P). We offer private banking services through our 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. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.