Global FI AML/CDD & KYC Officer — Hybrid

OCBC Group; Singapore; Hybrid; SGD 100,000 - 140,000; Full time

Benefits offered by this job

Competitive base salary and benefits

Flexible benefits package

Community initiatives

Professional development opportunities

Job summary

OCBC Group in Singapore seeks a Business Compliance Officer for Global Financial Institutions (AML). You will perform KYC/CDD reviews for Banks and NBFIs, gather and analyse client information, assess risk, and escalate unusual activity, partnering with Relationship Managers to ensure AML/KYC compliance.

The ideal candidate has 2–6 years CDD experience, knowledge of Singapore AML laws, and an AML certification such as ACAMS.

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
• 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

Responsibilities

• Perform customer due diligence and enhanced due diligence during onboarding, periodic and trigger reviews for FI customers (banks and NBFIs)
• Liaise with customers to obtain updated information
• Understand how risk factors impact client risk rating
• Identify and escalate any unusual activity/transaction activity not consistent with client profile
• Conduct research via bank systems, databases and internet searches
• Review and evaluate recent negative news related to clients
• Recommend relationship strategy where applicable
• Work with relationship managers to assist AML/KYC compliance
• Act as SME in CDD/EDD execution per OCBC AML policies and procedures
• Interface with relevant units regarding compliance reviews, investigations and ad-hoc projects
• Assist with internal and external compliance and MAS audits

Skills

Analytical thinking

Interpersonal skills

Communication

Attention to detail

Education

Bachelor's degree in Accounting/Banking/Finance

Tools

MS Office

Factiva

Job description

OCBC Group in Singapore seeks a Business Compliance Officer for Global Financial Institutions (AML). You will perform KYC/CDD reviews for Banks and NBFIs, gather and analyse client information, assess risk, and escalate unusual activity, partnering with Relationship Managers to ensure AML/KYC compliance.

The ideal candidate has 2–6 years CDD experience, knowledge of Singapore AML laws, and an AML certification such as ACAMS.