Senior Regulatory Compliance Specialist

1 month ago


Singapore OCBC Bank Full time
Job Overview

In this role as a Senior Regulatory Compliance Specialist, you will play a key part in ensuring that OCBC Bank adheres to regulatory requirements and mitigates compliance risks. With a strong focus on regulatory relations and risk management, you will be responsible for keeping abreast of regulatory developments and performing reporting to senior management.

Key Responsibilities
  • Manage the Bank's submission on FATCA and CRS Returns
  • Liaise with regulator and internal stakeholders on follow-up actions pertaining to returns
  • Develop and streamline processes continually to achieve greater effectiveness of ensuring complete and accurate reporting
  • Implement system enhancements and re-design arising from changes in regulatory requirements, evolving business processes and source systems upgrades
Regulatory Relations
  • Kept abreast of regulatory developments and significant matters across jurisdictions with OCBC's presence and perform reporting to senior management
  • Act as primary liaison between the Bank and Regulator, ensuring timely and transparent communication on regulatory compliance and CRAFT assessment matters
Requirements
  • Self-initiated, process oriented with an aptitude and appreciation of operational processes and system solutions
  • Excellent written and communication skills
  • Strong regulatory technical skills in respect of MAS regulations and FATCA, CRS
  • Strong analytical and interpretation skills
  • Strong stakeholder management skills to bring about meeting of minds across many units across the bank
  • Good understanding of banking products, debt and derivatives
  • Proven leadership, organization and facilitation skills
  • Good interpersonal and communication skills
  • Proactive, independent and resourceful
  • Highly proficient in Microsoft Excel
What We Offer
  • Competitive base salary of SGD 120,000 - SGD 180,000 per annum
  • A suite of holistic, flexible benefits to suit every lifestyle
  • Community initiatives
  • Industry-leading learning and professional development opportunities

This is a permanent, full-time position located in Singapore. If you are a motivated individual with a passion for regulatory compliance and risk management, we encourage you to apply for this exciting opportunity.



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