Business Compliance Service Manager (4 months contract)

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

Benefits offered by this job

Competitive base salary

Training & development

Wellbeing programs

Job summary

OCBC invites applications for a Business Compliance Service Manager within the Emerging Business unit. You will review and surveil corporate accounts to mitigate AML, sanctions, and regulatory risks, ensuring timely completion of assessments and recommended remedial actions.

You will analyse account transactions, liaise with Relationship Managers, and contribute to a compliant culture while expanding your knowledge of local regulations and controls.

Qualifications

• Degree holders with knowledge of AML/KYC guidelines.
• Strong analytical and investigative skills.

Responsibilities

• Perform triggering event reviews on customer accounts in a timely manner.
• Identify and analyse AML risks and provide independent recommendations.
• Escalate unusual activity and coordinate with stakeholders for resolution.
• Collaborate with Relationship Managers and internal teams on case assessments.

Skills

Analytical thinking

Attention to detail

Communication skills

Interpersonal skills

English proficiency

Education

Bachelor's degree in relevant field

Tools

World-Check

Factiva

MS Office

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.

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.

Why Join

At OCBC, we uphold integrity as one of our core values and place a strong emphasis on having a strong compliance culture. The Business Compliance Service Manager role within the EmB Business Compliance Team is responsible for reviewing and carrying out surveillance work on Corporate accounts (Emerging Business) to manage risks pertaining to anti-money laundering, counter-terrorism financing or economic and trade sanctions. The Business Compliance Service Manager is expected to be highly accurate and meticulous in analysing account transactions. When a transaction or event poses a risk to the bank (reputational or potential breach of law, sanction of regulation), the successful candidate is expected to identify and recommend or take remedial action to mitigate the risk. The candidate is thereafter required to complete reviews within the stipulated timeframe. Are you ready to develop your potential within OCBC’s EmB Business Compliance Team?

What You Do

• Perform various types of triggering event reviews on customer accounts in a timely and efficient manner
• Identify, analyze and potential AML risks
• Generate independent recommendations regarding AML risks
• Identify and escalation 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

During Your Time With Us, You Can Expect To

• Enrich your knowledge on local regulations, bank controls and AML risk within the Emerging Business
• Be part of an environment that supports your development and recognises your achievements
• Make connections that will advance your career in the business banking industry
• Sharpen your interpersonal, analytical and research skills

Who You Work With

• Liaise with customers or Relationship Managers to obtain updated client information
• Liaise with internal stakeholders mainly from line 1 and line 2 for case assessment and review as and when required

We Are Looking For Degree Holders Who Possess

• Fresh graduates or candidates with 1 year of relevant experience are encouraged to apply.
• Good grasp of local regulatory, KYC and AML guidelines and good awareness 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
• Excellent command of spoken and written English and/or other languages
• Ability to articulate thought processes clearly, concisely and effectively
• Ability to multi-task and work well in high pressure environment to meet deadlines

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.