Business Compliance Officer (6 Months Contract), EB Business Compliance

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.

Business Compliance Officer (6 Months Contract), EB Business Compliance

Why Join

We are looking for a talented, independent and collaborative team player to join our Enterprise Banking, Business Compliance Team. As a Business Compliance Officer at OCBC, you'll play a critical role in ensuring the bank's operations are conducted with integrity and in compliance with regulatory requirements. You'll have the opportunity to work closely with various stakeholders, identify potential risks, and implement effective controls to mitigate them. This role offers a unique blend of challenge and satisfaction, as you contribute to maintaining the bank's reputation and upholding the trust of our customers.

How you succeed

To excel in this role, you'll need to stay up-to-date with changing regulatory requirements and industry trends. You'll work collaboratively with business units to identify and assess compliance risks, and develop effective controls to manage these risks. Your analytical and problem-solving skills will be essential in identifying potential compliance issues and implementing solutions to address them.

What you do 

- Perform Customer Due Diligence reviews on Enterprise Banking clients.

- Ensure completion of Periodic Reviews within stipulated timeframe and in line with Bank’s policies and procedures.

- Work closely with Relationship Managers to gather client documents/information required to complete the reviews.

- Conduct research via available Bank systems, commercial databases as well as public sources.

- Identify, analyse, and escalate potential AML/CFT/sanctions risks.

- Identify and escalate any unusual activity/transactions that are not consistent with client’s profile.

Who you are

- A diploma/degree in Banking, Finance, Business, or a related field, with at least 1-2 years of experience in AML/CFT/sanctions compliance or a related field.

- Fresh grads with good aptitude may also apply.

- Good grasp of local regulatory, KYC and AML guidelines and good awareness of bank controls and AML risk.

- Proficiency in MS office applications.

- 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 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.

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.

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.