AML & Sanctions Risk Team Member

ocbc; Singapore; On-site; SGD 60,000 - 100,000; Full time

Benefits offered by this job

Competitive base salary

Flexible benefits

Learning & development

Community initiatives

Job summary

OCBC seeks an Anti-Money Laundering Specialist to protect customers and the bank from financial crimes. You will join a team dedicated to detecting and preventing money laundering and terrorist financing, requiring strong analytical skills and attention to detail.

You will stay up-to-date with AML regulations, analyze complex data, perform risk assessments on high-risk customers, and collaborate with teams to implement effective controls while training colleagues on policies and procedures.

Qualifications

• A degree in law, finance, or accounting.
• Minimum 3 years AML or related experience.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to work independently and in a team.
• Knowledge of AML regulations and trends.
• Certifications such as CAMS or CFE are advantageous.

Responsibilities

• Monitor and analyze customer transactions for AML/CTF risks.
• Conduct risk assessments and due diligence on high-risk customers.
• Develop and implement AML policies and procedures.
• Provide training on AML policies and procedures.
• Collaborate with other teams to implement controls and mitigate risks.
• Identify and report suspicious transactions to authorities.

Skills

AML monitoring

Data analysis

Risk assessment

Policy documentation

Training others

Stakeholder comms

Interpersonal skills

Independent worker

Regulatory knowledge

Education

Degree in law/finance/accounting

Job description

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.

Anti-Money Laundering Specialist

Why Join

As an Anti-Money Laundering Specialist at OCBC, you will play a critical role in protecting our customers and the bank from financial crimes. You will be part of a team that is dedicated to preventing and detecting money laundering and terrorist financing activities. This is a challenging and rewarding role that requires strong analytical skills and attention to detail.

How you succeed

To succeed in this role, you will need to stay up-to-date with the latest anti-money laundering regulations and trends. You will need to analyze complex data and identify potential risks, and work closely with other teams to implement effective controls. You will also need to communicate effectively with stakeholders and provide training to colleagues on anti-money laundering policies and procedures.

What you do

• 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

Who you are

• 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
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Ability to work independently and as part of a team
• Knowledge of anti-money laundering regulations and trends
• Professional certifications, such as CAMS or CFE, are an advantage

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.

Equal opportunity.

Fair employment.

Selection based on ability and fit with our culture and values.