AML & Sanctions Risk Specialist

OCBC Bank; Singapore; On-site; SGD 70,000 - 120,000; Full time

Job summary

OCBC Bank is seeking an Anti-Money Laundering Specialist in Singapore to protect customers and the bank from financial crimes. You will monitor transactions, conduct due diligence on high-risk clients, develop AML policies, and train colleagues on procedures.

You will work with multiple teams to implement effective controls, stay updated on AML regulations, and report suspicious activity to authorities. Strong analytical and communication skills are essential.

Qualifications

• A degree in a relevant field, such as law, finance, or accounting.
• At least 3 years of experience in anti-money laundering or a related field.
• Knowledge of anti-money laundering regulations and trends.
• Professional certifications, such as CAMS or CFE, are an advantage.

Responsibilities

• Monitor and analyze customer transactions to identify potential money laundering and terrorist financing activities.
• Conduct risk assessments and due diligence on high-risk customers.
• Develop and implement anti-money laundering policies and procedures.
• Provide training to colleagues on anti-money laundering policies and procedures.
• Collaborate with other teams to implement effective controls and mitigate risks.
• Identify and report suspicious transactions to the relevant authorities.

Skills

Analytical skills

Attention to detail

Communication skills

Teamwork

Regulatory knowledge

CAMS/CFE advantage

Education

Degree in a relevant field

Job description

OCBC Bank is seeking an Anti-Money Laundering Specialist in Singapore to protect customers and the bank from financial crimes. You will monitor transactions, conduct due diligence on high-risk clients, develop AML policies, and train colleagues on procedures.

You will work with multiple teams to implement effective controls, stay updated on AML regulations, and report suspicious activity to authorities. Strong analytical and communication skills are essential.