International Wealth – Head, Business Control Management (ED/VP)

OCBC Group; Singapore; On-site; SGD 180,000 - 240,000; Full time

Benefits offered by this job

Competitive base salary

Flexible benefits

Community initiatives

Learning & development opportunities

Wellbeing programs

Job summary

OCBC Bank is seeking a Senior Manager to lead the Business Control Management function within International Wealth, ensuring strong risk and control environments across sales governance, onboarding, AML/CFT and conduct oversight.

You will partner with Compliance, Risk, Internal Audit and regulators to strengthen accountability and drive remediation actions, with emphasis on governance and reporting.

Qualifications

• Degree in Banking, Finance, Business, Risk Management, Law, or related field.
• 10–15 years in banking with emphasis on risk, compliance, governance or audit.
• Experience in wealth management, AML/KYC, and regulatory expectations.
• Prior leadership experience is preferred.

Responsibilities

• Lead design and enhancement of the business control framework across International Wealth.
• Oversee client onboarding, KYC/AML, compliance, and conduct controls.
• Drive surveillance programs and escalation of risk and control concerns.
• Promote risk culture through training and advisory support to leaders.
• Prepare governance updates and reports for senior management.

Skills

Analytical thinking

Risk assessment

Stakeholder management

Communication skills

Education

Degree in Banking/Finance/Business/Risk Management/Law

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. 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.

Role Purpose

Lead and oversee the Business Control Management function within International Wealth, ensuring a strong risk and control environment across sales governance, client onboarding, regulatory compliance, operational risk management, and conduct oversight. Partner closely with business, compliance, risk, and audit stakeholders to drive a culture of accountability, integrity, and effective risk management.

Key Responsibilities

• Risk & Control Management Lead the design, implementation, and continuous enhancement of the business control framework across International Wealth. Identify, assess, and mitigate key business, operational, conduct, and regulatory risks. Oversee control testing, thematic reviews, and surveillance activities to proactively identify control weaknesses and recommend remediation actions. Monitor the effectiveness of key controls and ensure timely resolution of identified gaps.
• Governance & Regulatory Compliance Ensure adherence to regulatory requirements, internal policies, and governance standards. Provide oversight on client onboarding processes, including KYC, AML/CFT, suitability, and sales conduct controls. Act as a key liaison with Compliance, Risk Management, Internal Audit, and external regulators where required. Oversee regulatory, audit, and compliance reviews, ensuring timely closure of findings and action plans.
• Surveillance & Conduct Oversight Drive surveillance and monitoring programmes to identify potential conduct, sales practice, and regulatory breaches. Provide independent challenge and escalation of emerging risks and control concerns. Oversee investigations and root cause analyses of control incidents and regulatory breaches.
• Risk Culture & Training Promote a strong risk and compliance culture across the International Wealth business. Lead risk awareness initiatives, training programmes, and workshops to strengthen employee understanding of regulatory and control requirements. Provide advisory support to business leaders on risk and control-related matters.
• Stakeholder Management & Reporting Prepare and present risk and control updates to senior management and governance committees. Develop management reports, dashboards, and presentations on key risk indicators, control effectiveness, and emerging risks. Establish strong partnerships with Wealth Management leadership, Risk, Compliance, Operations, and other control functions.

Experience & Qualifications

Degree in Banking, Finance, Business, Risk Management, Law, or a related discipline. Minimum 10–15 years of relevant banking experience, with significant exposure to Risk Management, Compliance, Business Control, Audit, or Governance functions. Strong understanding of Wealth Management, Private Banking, AML/KYC requirements, conduct risk, and regulatory expectations. Experience managing regulatory reviews, surveillance programmes, audit engagements, and remediation initiatives. Prior people leadership experience is preferred.

Competencies

Strong analytical and risk assessment capabilities. Excellent stakeholder management and influencing skills. Ability to challenge constructively while maintaining strong business partnerships. Strong presentation, report-writing, and communication skills. Highly organized, detail-oriented, and able to manage multiple priorities effectively. Self-driven, resilient, and able to operate in a dynamic and fast-paced environment.

Preferred Experience

Experience in FAA governance, sales conduct surveillance, AML/CFT controls, regulatory compliance, and audit management. Professional certifications such as CAMS, ICA, CFA, FRM, or equivalent will be advantageous.

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.

Let’s build the bank we need for the future we want. Find the best version of yourself in a friendly, supportive team. 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

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.