AML & Compliance Risk Manager

OCBC Bank; Singapore; On-site; SGD 120,000 - 170,000; Full time

Benefits offered by this job

Competitive base salary

Flexible benefits

Community initiatives

Learning & development opportunities

Wellbeing & growth

Job summary

OCBC Bank in Singapore is seeking a Business Compliance Service Manager within the EmB Business Compliance Team to review surveillance for corporate accounts to manage AML/CTF/ sanctions risks. You will be highly accurate and meticulous in analysing transactions, identifying risks, and recommending remedial action within set timelines.

You will collaborate with Relationship Managers and internal stakeholders, conduct research, and contribute to fostering a compliant culture.

Qualifications

• Minimum 3 years of relevant experience.
• Good grasp of local regulatory, KYC and AML guidelines and aware of bank controls and AML risk.
• Proficiency in MS Office applications, World-Check or Factiva.
• Keen eye for detail and excellent communication and interpersonal skills.
• Ability to articulate thought processes clearly, concisely and effectively.
• Ability to multi-task and work well in high pressure environment to meet deadlines.

Responsibilities

• Perform triggering event reviews on customer accounts promptly.
• Identify, analyze and elevate potential AML risks.
• Generate independent recommendations regarding AML risks.
• Identify and escape any unusual activity or transaction activity inconsistent with client profile and file UTRs where required.
• Collaborate with business users and project team members on problem resolution, project initiation, implementation and post implementation support.
• Conduct research via available Bank systems, commercial databases and the internet.
• Contribute to developing and ensuring a compliant culture within the business users.

Skills

AML risk analysis

Regulatory knowledge

Problem solving

Communication skills

Interpersonal skills

Multi-tasking

Education

Bachelor's degree

Tools

MS Office

World-Check

Factiva

Job description

OCBC Bank in Singapore is seeking a Business Compliance Service Manager within the EmB Business Compliance Team to review surveillance for corporate accounts to manage AML/CTF/ sanctions risks. You will be highly accurate and meticulous in analysing transactions, identifying risks, and recommending remedial action within set timelines.

You will collaborate with Relationship Managers and internal stakeholders, conduct research, and contribute to fostering a compliant culture.