Senior Compliance AVP — Risk & Controls Leader

OCBC Bank (Malaysia) Berhad; Malaysia; On-site; MYR 120,000 - 180,000; Full time

Job summary

OCBC Bank (Malaysia) Berhad is seeking a dedicated Business Compliance Officer to uphold regulatory integrity across banking operations. You will work with diverse units to identify risks, implement controls, and train staff on compliance policies.

In this role, you’ll conduct reviews, craft controls, and monitor regulatory developments to safeguard the bank’s reputation and customer trust. Strong analytical and communication abilities are essential.

Qualifications

• A degree in Law, Business, or a related field, with at least 3-5 years of experience in compliance or a related field.
• Strong knowledge of regulatory requirements and industry trends.
• Analytical and problem-solving skills, with the ability to identify and assess compliance risks.
• Excellent communication and interpersonal skills, with the ability to work collaboratively with various stakeholders.
• Strong attention to detail and organizational skills, with the ability to prioritize tasks and manage multiple projects simultaneously.
• A proactive and adaptable approach, with a commitment to maintaining the highest standards of integrity and compliance.

Responsibilities

• 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.
• Dealing with all Ops department, i.e. Branch Ops, Contract Financing Dept - MO, Payment Ops, Trade Ops, Investment Ops, Treasury Ops and BOD.
• Calling Branches on transactions issues such as GIRO, RENTAS, TT, statements (bank, trade) requests.
• Liaising with customers on the purpose of transactions done via Velocity in order to ensure the correct CashBOP codes are used after checking with BOD.
• FEA related transactions queries such as inward TT purpose confirmations
• AML and Sanction (Ename hits) related clarifications such as confirmation of Vessel IMO Numbers with customers for Trade transactions.
• Liaison person between customers and Branch/ Account Services/ MO.
• Guide customers in completing forms and other documents required for Account update and Account Opening.
• Perform diligence reviews for CPs, CRs, Periodic Reviews and Triggering Events (when ODDs are required) and liaise with Middle Office team and Account Services to request update of C2C linking as required.
• Ensure strong and optimal customer service support and seamless customer rapport.
• Act as liaison with various internal operational departments in resolution of customer related issues.
• Other operational duties, including sample checking of transactions for compliance / KYC related and helping RMs to extract documents from WFI.

Skills

Regulatory knowledge

Analytical skills

Problem-solving

Communication

Interpersonal skills

Attention to detail

Organizational skills

Proactive

Adaptable

Education

Degree in Law or Business or related field

Job description

OCBC Bank (Malaysia) Berhad is seeking a dedicated Business Compliance Officer to uphold regulatory integrity across banking operations. You will work with diverse units to identify risks, implement controls, and train staff on compliance policies.

In this role, you’ll conduct reviews, craft controls, and monitor regulatory developments to safeguard the bank’s reputation and customer trust. Strong analytical and communication abilities are essential.