FIAML CDD & KYC Compliance Officer

OCBC; Singapore; On-site; SGD 70,000 - 110,000; Full time

Benefits offered by this job

Competitive base salary

Holistic benefits

Professional development opportunities

Job summary

OCBC Bank in Singapore invites a FIAML CDD Officer to join our Global Financial Institutions AML team. You will perform customer due diligence and enhanced due diligence for banking clients and liaise with relationship managers to ensure AML/CDD compliance.

You bring 2–6 years in CDD for institutional clients, familiarity with Singapore AML laws, and ACAMS or similar certifications if possible. We value meticulous, analytical, and collaborative professionals who can multi-task in a fast-paced

Qualifications

• A university degree in Accounting/Banking/Finance or related discipline.
• At least 2 to 6 years of experience in conducting CDD for institutional clients; preferably with understanding of Correspondent Banking, Payment Intermediaries and Digital Assets.
• Basic working knowledge of Singapore AML laws and regulations relative to money laundering and terrorist financing. Understanding on Travel Rules and FATF 16 - Payment Transparency is desired.
• Identifying and understanding the AML and Sanctions Risk associated with Financial Institutions clients and good awareness of AML controls is key for this role
• Ability to analyze client information and documentation to facilitate account opening, on-going name screening and periodic reviews
• Proficiency in MS office applications / Public Domain searches / Factiva
• Excellent analytical, interpersonal, communication and writing skills
• Independent and ability to multi-task and meet multiple deadlines
• AML Certification (ACAMS) or other AML / Compliance certification preferred

Responsibilities

• Perform customer due diligence and enhanced due diligence during the onboarding, periodic and trigger review of Financial Institutional customers (ie. Banks and NBFIs)
• Liaise with customers to obtain updated information
• Understanding of how risk factors impact client risk rating
• Identify and elevate any unusual activity / transaction activity not consistent with client's expected profile
• Conduct research via available Bank systems and commercial databases as well as internet searches
• Review and evaluate recent negative news related to clients
• Recommend relationship strategy where applicable
• Work closely with the relationship managers to assist the department in complying the AML/KYC requirements
• Act as a subject matter expert in the execution and implementation of CDD / EDD requirements in accordance with OCBC's related AML / Sanctions policies and procedures
• Interface with relevant units and the business relating to compliance reviews, investigation, as well as other ad-hoc projects
• Assist with internal and external compliance audits and MAS regulatory audits

Skills

CDD knowledge

Analytical skills

Communication skills

Multi-tasking

MS Office

Education

Bachelor's degree in Accounting/Banking/Finance

Tools

Factiva

Job description

OCBC Bank in Singapore invites a FIAML CDD Officer to join our Global Financial Institutions AML team. You will perform customer due diligence and enhanced due diligence for banking clients and liaise with relationship managers to ensure AML/CDD compliance.

You bring 2–6 years in CDD for institutional clients, familiarity with Singapore AML laws, and ACAMS or similar certifications if possible. We value meticulous, analytical, and collaborative professionals who can multi-task in a fast-paced