MGR, Surveillance and Investigations Officer

OCBC (Singapore); Singapore; On-site; SGD 90,000 - 120,000; Full time

Benefits offered by this job

Competitive base salary

Holistic benefits

Professional development opportunities

Job summary

OCBC Bank is seeking a compliance professional to lead AML surveillance initiatives across the bank and its subsidiaries. You will assess risk, implement controls, and act as a subject-matter expert on surveillance systems.

The role requires a university degree with at least 2 years in AML/CFT or fraud risk, strong analytical and communication skills, and the ability to engage diverse stakeholders to drive regulatory compliance and project delivery.

Qualifications

• University degree and at least 2 years’ experience in compliance and AML/CFT or fraud risk management with financial institutions.
• Strong problem solving and analytical skills.
• Excellent written and verbal communication skills.
• Ability to engage with multiple stakeholders to achieve effective outcomes.
• Familiarity with regulatory requirements for financial institutions.

Responsibilities

• Drive AML surveillance system implementation across the bank and subsidiaries.
• Assess money laundering, terrorist financing, and fraud risks and implement mitigants.
• Act as SME for AML surveillance systems and draft business requirements.
• Prepare and present reports on projects and initiatives.
• Stay updated on regulatory trends relevant to the bank.
• Coordinate with Group Compliance, operations, and technology teams.

Skills

AML knowledge

Problem solving

Analytical skills

Communication skills

Education

University degree

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.

Why Join

• To play a crucial role in developing and implementing surveillance systems and solutions to detect and mitigate potential risks and compliance issues.
• To contribute to the development of robust surveillance systems that enhance the organization's ability to identify and address potential risks, thereby improving overall operational efficiency.

How you succeed

• Have a deep understanding of anti-money laundering (“AML”) and fraud risks, banking products, and monitoring technology.
• Able to identify and resolve issues to ensure that OCBC can demonstrate compliance with relevant regulatory requirements.

What you do

• Drive AML surveillance system implementation and initiatives across the bank, subsidiaries, and branches.
• Assess money laundering, terrorist financing, and fraud risks within the bank and implement mitigants and controls.
• Act as a subject-matter expert in AML surveillance systems.
• Draft business requirements for compliance initiatives.
• Prepare and present reports on projects and initiatives.
• Stay updated on current business and industry trends relevant to the bank.
• Ensure risk frameworks are well-designed and operating effectively.
• Handle audit queries.
• Partner with Group Compliance teams, operations, and technology for successful execution of Group Compliance projects.
• Coordinate meetings with stakeholders to review project status and potential risks.
• Perform post-implementation reviews to identify areas for improvement and implement recommended changes.
• Manage risks to the program by recognizing significant risks, developing solutions, and escalating issues to management.
• Develop project scopes and objectives involving all relevant stakeholders and ensuring technical feasibility.

Who you work with

Group Legal & Compliance

Group Legal & Compliance takes care of integrity and ensures compliance with all rules and regulations, developing the policies and procedures that manage and mitigate risk. In an evolving world where we’re actively driving digital transformation, it’s no easy task. But we thrive on the challenge because we’re future-ready and focused on driving change.

Who you are

• A university degree with at least 2 years’ experience in compliance and anti-money laundering/counter terrorism financing compliance (“AML”) and/or fraud risk management with established financial institutions.
• Good knowledge of business, products and operations of the financial industry, and familiar with AML/CFT regulatory requirements impacting financial institutions.
• Strong problem solving and analytical skills.
• Strong written and oral communication skills.
• Able to engage and collaborate with various stakeholders to achieve effective outcomes.

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.