AML Risk Manager: Sanctions & TF Analytics

OCBC; Singapore; On-site; SGD 60,000 - 90,000; Full time

Benefits offered by this job

Competitive base salary

Flexible benefits

Professional development opportunities

Job summary

OCBC is seeking candidates for an AML risk management role within the CARM team under the OCBC Consumer Financial Services Singapore unit. The role focuses on Sanctions, Money Laundering, and Terrorism Financing risk assessments, with collaboration across RMs and compliance units to manage AML risk in a fast-paced environment.

Educational requirements include a diploma or degree and potentially AML/CFT certification.

Qualifications

• Diploma or degree holders aspiring to develop a career in AML risk management.
• Certification in Sanctions / AML / CFT.

Responsibilities

• Analyse new and existing customers’ profiles and transactions for sanctions, ML and TF.
• Provide sanctions/ML/TF risk assessments highlighting key risk areas.
• Recommend effective risk mitigating strategies to senior management for approval.
• Implement approved strategies with thorough and consistent execution.
• Engage RMs and internal stakeholders to obtain required information for due diligence reviews.
• Review and file internal Suspicious Transaction Reports (STRs) as needed.
• Track activity progress through MIS updates and reporting.
• Provide AML advisory support to internal stakeholders.

Skills

Regulatory knowledge

Analytical skills

Stakeholder engagement

SOW corroboration

Education

Diploma or Degree holder

AML/CFT Certification

Job description

OCBC is seeking candidates for an AML risk management role within the CARM team under the OCBC Consumer Financial Services Singapore unit. The role focuses on Sanctions, Money Laundering, and Terrorism Financing risk assessments, with collaboration across RMs and compliance units to manage AML risk in a fast-paced environment.

Educational requirements include a diploma or degree and potentially AML/CFT certification.