Compliance Reviewer, Global Corporate Banking - MGR

OCBC company; Singapore; Hybrid; SGD 70,000 - 100,000; Full time

Benefits offered by this job

Competitive base salary

Holistic flexible benefits

Learning and professional development opportunities

Job summary

A leading financial services institution in Singapore is looking for a Compliance Reviewer to join the Corporate Banking Compliance team. The role involves conducting thorough Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for global corporate banking clients. Candidates should possess strong analytical skills, a solid understanding of AML regulations, and ideally, experience within corporate banking environments. This position offers a competitive salary and a supportive team culture.

Qualifications

• 3-5 years of experience in a KYC analyst role, preferably in corporate banking.
• Good understanding of AML, terrorist financing, and sanctions issues.
• Experience with CDD for corporate customers is advantageous.
• Knowledge of trade finance products and trade-based money laundering typologies is preferred.
• Experience with audits and control testing is a plus.

Responsibilities

• Perform CDD/EDD reviews on Global Corporate Banking customers.
• Ensure timely completion of onboarding reviews according to bank policies.
• Work with Relationship Managers for client documentation before EDD reviews.
• Conduct research using bank systems, databases and online sources.
• Identify and escalate AML risks and red flags per policy.
• Close AML alerts from screening systems daily.
• Prepare meeting minutes and PowerPoint materials for the team.
• Conduct periodic CDD/EDD reviews as required.
• Contribute to projects and other duties as assigned.
• Maintain accurate CDD/EDD tracking status.
• Support documentation and reporting tasks as needed.
• Assist in process improvements and automation initiatives.

Skills

KYC analysis

Interpersonal skills

Presentation skills

Understanding of money laundering

Proficiency in English

Education

Degree Holder

Tools

Bank systems

Commercial databases

Internet research

Job description

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This exclusion clause shall take effect to the fullest extent permitted by law.You further consent to Oversea-Chinese Banking Corporation Limited, its related corporations (collectively, the "OCBC Group"), and their respective business partners and agents (collectively, the “OCBC Representatives”) collecting, using and disclosing your personal data for purposes reasonably required by the OCBC Group and the OCBC Representatives to enable them to process your employment application and assess your suitability for the position which you are applying for. Such purposes are set out in a Data Protection Policy, which is accessible at www.ocbc.com/policies or available on request and which you confirm you have read and understood.Compliance Reviewer, Global Corporate Banking - MGR page is loaded## Compliance Reviewer, Global Corporate Banking - MGRremote type: Hybridlocations: OCBC Singaporetime type: Full timeposted on: Posted Todayjob requisition id: JR00006828# **WHO WE ARE:** 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**We are looking for a talented, independent and collaborative team player to join our Corporate Banking Compliance/ Onboarding team (“CBC OB”) team. Don’t miss this valued opening to step into the world of corporate banking whilst having the opportunity to participate in innovative projects geared towards the ever-changing needs of our environment.This role is for a Compliance Reviewer, reporting into team head of CBC OB team. The candidate’s main responsibilities are listed as follows and will be primarily responsible to ensure that quality standards are met in accordance with the bank’s group policies & procedures and regulatory requirements. **What you do**1. Perform On-boarding Customer Due Diligence (CDD)/Enhanced Due Diligence (EDD) review on Global Corporate Banking customers2. Ensure completion of Onboarding Reviews within stipulated timeframe and in line with Bank’s policy and procedures3. 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 Units4. Conduct research via available Bank systems and commercial databases as well as Internet5. Identify, analyse and escalate potential AML risks6. Identify red flag situations and escalate in line with policy and procedures7. Identify and escalate any unusual activity / transaction activity not consistent with client profile8. Ensure timely update of CDD/EDD Tracking file so as to reflect the accurate status9. Perform daily AML alert closures raised on the Bank’s screening system10. Administrative duties on behalf of the wider team including PowerPoint creation and writing meeting minutes11. Perform Periodic and Triggering CDD/EDD reviews (when required)12. 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, preferable 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 understand trade-based money laundry 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**Corporate Banking Compliance ("CBC") was established to centralise anti-money laundering and countering the financing of terrorism (AML/CFT) Compliance functions for the Singapore business units within Global Corporate Banking. CBC will optimise common AML/CFT Compliance activities across Wholesale Corporate Marketing and Global Real Estate, ensure consistency in KYC CDD processes and best practices for AML/CFT across these departments. CBC also advises and supports the business in managing regulatory risk and controls in FATCA, CRS and sanctions matters.**Who we are** 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. **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. Equal opportunity. Fair employment. Selection based on ability and fit with our culture and values. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.# # **What we offer:**Competitive base salary. A suite of holistic, flexible benefits to