Compliance Reviewer, Global Corporate Banking - MGR

OCBC; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading financial institution in Singapore is seeking a Compliance Reviewer for their Corporate Banking Compliance/Onboarding team. This role involves performing due diligence reviews on corporate banking customers, ensuring compliance with policies, and addressing potential AML risks. The ideal candidate should have 3-5 years of KYC analysis experience and a strong understanding of money laundering regulations. The position demands effective interpersonal skills and a commitment to maintaining high-quality standards.

Qualifications

• 3-5 years of experience in a KYC analyst role in a Financial Institution.
• Good understanding of money laundering, terrorist financing and sanctions issues.
• Experience in identifying processes for automation opportunities is a bonus.

Responsibilities

• Perform On-boarding Customer Due Diligence reviews for Global Corporate Banking customers.
• Ensure completion of Onboarding Reviews in line with bank policies.
• Work closely with Relationship Managers to gather client documents.

Skills

KYC analysis

AML risk identification

Data analytics

Interpersonal skills

Presentation skills

Education

Degree Holder

Job description

Compliance Reviewer – Corporate Banking Compliance/Onboarding

Join our Corporate Banking Compliance/Onboarding team and play a pivotal role in ensuring our onboarding processes meet the highest standards of quality and regulatory compliance.

What You Do

• Perform On‑boarding Customer Due Diligence (CDD)/Enhanced Due Diligence (EDD) review on Global Corporate Banking customers
• Ensure completion of Onboarding Reviews within stipulated timeframe and in line with Bank’s policy and procedures
• Work closely with Relationship Managers to gather client documents/information before drafting on the EDD reviews and making independent recommendations regarding AML risk to the Business Units
• Conduct research via available Bank systems and commercial databases as well as Internet
• Identify, analyse and escal​ate potential AML risks
• Identify red flag situations and escal​ate in line with policy and procedures
• Identify and escal​ate any unusual activity / transaction activity not consistent with client profile
• Ensure timely update of CDD/EDD Tracking file so as to reflect the accurate status
• Perform daily AML alert closures raised on the Bank’s screening system
• Administrative duties on behalf of the wider team including PowerPoint creation and writing meeting minutes
• Perform Periodic and Triggering CDD/EDD reviews (when required)
• Any other projects/ duties as may be assigned

Who You Are

• Preferably at least 3‑5 years of experience in a KYC analyst role in a Financial Institution, preferably in the corporate banking environment.
• A good understanding of money laundering, terrorist financing and sanctions issues, including policies, procedures, sanctions, regulations, industry best practice, developing trends and knowledge of trade finance transactions reviews are required.
• Candidates with the following experiences/ qualifications would have an added advantage:
  • Performing CDD for corporate customers, or in formulating and analysing data analytics models
  • Solid knowledge on trade finance products and understanding trade‑based money laundering typologies
  • Handling of internal audit and/or external audit
  • Hands‑on experience in assurance testing
  • Professional certification such as ICA or ACAMS would be an added advantage.
• Experience in identifying and evaluating processes for BOT enhancement and automation opportunities such as ability to write macros to automate internal reports is a bonus
• Good interpersonal and presentation skills
• High proficiency in written and spoken English
• Is mature and able to work under pressure and meet timelines
• Degree Holder

Who You Work With

The Corporate Banking Compliance (“CBC”) team centralises anti‑money laundering and counter‑financing of terrorism (AML/CFT) compliance functions for the Singapore business units within Global Corporate Banking. CBC optimises AML/CFT compliance activities across multiple departments and advises the business on regulatory risk and controls in FATCA, CRS and sanctions matters.