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MGR, Business Compliance Service Manager (Reviewer)

Salary undisclosed

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Description

Join OCBC in shaping our compliance culture for our customers and communities today.

At OCBC, we uphold integrity as one of our core values and place a strong emphasis on having a strong compliance culture. The Business Compliance Service Manager role within the EmB Business Compliance Team is responsible for reviewing and carrying out surveillance work on Corporate accounts (Emerging Business) to manage risks pertaining to anti-money laundering, counter-terrorism financing or economic and trade sanctions.

The Business Compliance Service Manager is expected to be highly accurate and meticulous in analysing account transactions. When a transaction or event poses a risk to the bank (reputational or potential breach of law, sanction of regulation), the successful candidate is expected to identify and recommend or take remedial action to mitigate the risk. The candidate is thereafter required to complete reviews within the stipulated timeframe.

Are you ready to develop your potential within OCBC’s EmB Business Compliance Team?

What You Do

  • Perform various types of triggering event reviews on customer accounts in a timely and efficient manner
  • Identify, analyze and escalate potential AML risks
  • Generate independent recommendations regarding AML risks
  • Identify and escalate any unusual activity or transaction activity inconsistent with client profile and file UTRs where required
  • Collaborate with business users and project team members on problem resolution, project initiation, implementation and post implementation support
  • Conduct research via available Bank systems, commercial databases and the internet
  • Contribute to developing and ensuring a compliant culture within the business users

During Your Time With Us, You Can Expect To

  • Enrich your knowledge on local regulations, bank controls and AML risk within the Emerging Business
  • Be part of an environment that supports your development and recognises your achievements
  • Make connections that will advance your career in the business banking industry
  • Sharpen your interpersonal, analytical and research skills

Job Qualifications

Who You Are

  • Degree holders with Minimum 3 years of relevant experience
  • Good grasp of local regulatory, KYC and AML guidelines and good awareness of bank controls and AML risk
  • Proficiency in MS office applications, World check or Factiva
  • Keen eye for detail and excellent communication and interpersonal skills
  • Excellent command of spoken and written English and/or other languages
  • Ability to articulate thought processes clearly, concisely and effectively
  • Ability to multi-task and work well in high pressure environment to meet deadlines

Who You Work With

  • Liaise with customers or Relationship Managers to obtain updated client information
  • Liaise with internal stakeholders mainly from line 1 and line 2 for case assessment and review as and when required

Who We Are

Singapore’s longest established bank, we’ve been helping people and businesses get what they want from life 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. Embracing technology and creativity to become a future-ready learning organisation. But for all that change, our purpose remains: to enable people and communities to realise their aspirations.

And so whether you want innovate needs-based 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.

Primary Location

Singapore

Job

Business Compliance

Organization

Global Commercial Banking

Schedule

Permanent

Full-time

Job Posting

03-Apr-2025, 10:28:41 AM

Why Join
Description

Join OCBC in shaping our compliance culture for our customers and communities today.

At OCBC, we uphold integrity as one of our core values and place a strong emphasis on having a strong compliance culture. The Business Compliance Service Manager role within the EmB Business Compliance Team is responsible for reviewing and carrying out surveillance work on Corporate accounts (Emerging Business) to manage risks pertaining to anti-money laundering, counter-terrorism financing or economic and trade sanctions.

The Business Compliance Service Manager is expected to be highly accurate and meticulous in analysing account transactions. When a transaction or event poses a risk to the bank (reputational or potential breach of law, sanction of regulation), the successful candidate is expected to identify and recommend or take remedial action to mitigate the risk. The candidate is thereafter required to complete reviews within the stipulated timeframe.

Are you ready to develop your potential within OCBC’s EmB Business Compliance Team?

What You Do

  • Perform various types of triggering event reviews on customer accounts in a timely and efficient manner
  • Identify, analyze and escalate potential AML risks
  • Generate independent recommendations regarding AML risks
  • Identify and escalate any unusual activity or transaction activity inconsistent with client profile and file UTRs where required
  • Collaborate with business users and project team members on problem resolution, project initiation, implementation and post implementation support
  • Conduct research via available Bank systems, commercial databases and the internet
  • Contribute to developing and ensuring a compliant culture within the business users

During Your Time With Us, You Can Expect To

  • Enrich your knowledge on local regulations, bank controls and AML risk within the Emerging Business
  • Be part of an environment that supports your development and recognises your achievements
  • Make connections that will advance your career in the business banking industry
  • Sharpen your interpersonal, analytical and research skills

Job Qualifications

Who You Are

  • Degree holders with Minimum 3 years of relevant experience
  • Good grasp of local regulatory, KYC and AML guidelines and good awareness of bank controls and AML risk
  • Proficiency in MS office applications, World check or Factiva
  • Keen eye for detail and excellent communication and interpersonal skills
  • Excellent command of spoken and written English and/or other languages
  • Ability to articulate thought processes clearly, concisely and effectively
  • Ability to multi-task and work well in high pressure environment to meet deadlines

Who You Work With

  • Liaise with customers or Relationship Managers to obtain updated client information
  • Liaise with internal stakeholders mainly from line 1 and line 2 for case assessment and review as and when required

Who We Are

Singapore’s longest established bank, we’ve been helping people and businesses get what they want from life 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. Embracing technology and creativity to become a future-ready learning organisation. But for all that change, our purpose remains: to enable people and communities to realise their aspirations.

And so whether you want innovate needs-based 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.

Primary Location

Singapore

Job

Business Compliance

Organization

Global Commercial Banking

Schedule

Permanent

Full-time

Job Posting

03-Apr-2025, 10:28:41 AM

Why Join