Remittance COE-Outgoing-MGR-1

OCBC Group; Kuala Lumpur; On-site; MYR 67,000 - 100,000; Full time

Benefits offered by this job

Competitive salary

Flexible benefits

Learning & development

Equal opportunity

Job summary

OCBC Group in Malaysia seeks an experienced professional to manage the Remittance COE-Outgoing operations. You will oversee payment processing, compliance, SLA adherence, and stakeholder collaboration to ensure accurate remittance processing for domestic and international transactions.

The ideal candidate has a degree in Business Administration or Operations Management, at least 3 years of process-management experience, and proven ability to implement lean improvement initiatives and monitor

Qualifications

• A degree in Business Administration, Operations Management, or a related field.
• At least 3 years of experience in process management, operations, or a related field.
• Proven track record of process improvement and implementation.
• Strong analytical and problem-solving skills with the ability to think creatively.

Responsibilities

• Process and authorize domestic and international remittance transactions (Telegraphic Transfer/Velocity/Internet Banking) accurately and within timelines.
• Oversee end-to-end remittance processing activities ensuring accuracy and timeliness.
• Ensure payments comply with policies and regulatory requirements.
• Monitor compliance with internal controls and AML regulations; identify and resolve exceptions.
• Collaborate with finance, compliance, IT, and customer service; manage vendor relationships.
• Monitor SLA adherence and present performance reports to senior management.

Skills

Process management

Analytical thinking

Stakeholder influence

Communication skills

Education

Degree in Business Administration or Operations Management

Tools

Lean

Six Sigma

Process mapping tools

Job description

## Remittance COE-Outgoing-MGR-1Apply: Onsite: OCBC Malaysia, Menara GE2: Full time: Posted Today: JR00011338# **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.# This is the broad job description of the job profile. Definitive job description should be reviewed and discussed between you and your manager. **Key Responsibilities*** **Payment Processing & Authorization:*** Process and authorize both domestic, international remittance transactions (Telegraphic Transfer/ Velocity/Internet Banking) accurately and within stipulated timelines.* Oversee end-to-end remittance processing activities ensuring accuracy and timeliness.* Ensure payments are processed in accordance with company policies and regulatory requirements.* Conduct verification and reconciliation of payment records to ensure accuracy and completeness.* Maintain up-to-date knowledge of payment systems and industry best practices.* **Compliance & Exception Handling:*** Monitor compliance with internal controls, regulatory guidelines, and industry standards.* Identify, investigate, and resolve exceptions and discrepancies in payment transactions.* Collaborate with compliance teams to implement corrective actions and mitigate risks.* Ensure all remittance transactions comply with regulatory requirements, anti-money laundering (AML) policies, and internal controls (e.g.: signature verification & call back requirement).* **Stakeholder Management & Collaboration:*** Build and maintain strong relationships with internal stakeholders including finance, compliance, IT, and customer service teams.* Collaborate with external partners such as payment gateways, and vendors to ensure smooth remittance operations.* Communicate effectively with senior leadership on operational status, challenges, and improvement plans.* **SLA Management:*** Monitor and ensure adherence to established SLAs for remittance processing and related services.Prepare and present regular performance reports to senior management.Identify bottlenecks and implement strategies to improve SLA compliance.* **Customer Service & Issue Resolution:*** Act as a point of escalation for complex customer issues related to remittance processing.Collaborate with customer service teams to ensure timely and effective resolution of payment-related queries.Maintain strong relationships with internal and external stakeholders.Document and track issues to ensure timely resolution and follow-up.undefined* **System Monitoring & Escalation:*** Oversee system monitoring activities to ensure uninterrupted remittance processing operations.* Coordinate with IT and vendor teams to address system issues and outages promptly.* Escalate critical system failures or risks to senior management as needed. 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.# Who you are - A degree in Business Administration, Operations Management, or a related field - At least 3 years of experience in process management, operations, or a related field - Proven track record of process improvement and implementation - Strong analytical and problem-solving skills, with the ability to think creatively - Excellent communication and interpersonal skills, with the ability to influence stakeholders - Experience with process mapping tools and techniques, such as Lean or Six Sigma# # **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.