Anti-Money Laundering / BSA - Compliance - AVP

Why Join
As a Compliance Specialist, you play a critical role in protecting OCBC and our customers from financial crimes. You'll work closely with our teams to identify and mitigate risks, ensuring we maintain the highest standards of integrity and compliance. It's a challenging and rewarding role that requires attention to detail, analytical skills, and a passion for making a difference.

How you succeed
To succeed in this role, you'll need to stay up-to-date with changing regulations and emerging trends in financial crimes. You'll work collaboratively with our teams to identify and assess risks, develop effective controls, and implement robust monitoring and reporting systems. Your analytical skills and attention to detail will be essential in identifying potential risks and developing effective mitigation strategies.

What you do

• Act as a Subject Matter Expert on AML-related topics, providing advisory support to stakeholders as needed. 

• Assist in reviewing AML/CFT related procedures to ensure they meet regulatory and Group requirements. 

• Support the Enhanced Customer Due Diligence review, by conducting assessments and documentation.  

• Participate in the New Product Approval process, assessing potential AML/CFT risks associated with new offerings. 

• Collaborate with the Centre of Excellence team to ensure effective management of Name Screening alerts and related processes.   

• Work closely with Business Units to facilitate the collection of data for regulatory and management reporting. 

• Assist in managing AML/CFT related internal / external examinations / audits. 

• Contribute to the development and delivery of AML/CFT training programs. 

• Report AML/CFT related issues to management. 

• Support AML/CFT related ad-hoc tasks and projects.