Business Compliance

*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.

This is the broad job description of the job profile. Definitive job description should be reviewed and discussed between you and your manager.

Business Compliance - Support

Why Join

As a Business Compliance Support professional at OCBC, you will play a critical role in ensuring the bank's operations are compliant with regulatory requirements. You will be part of a team that enables the bank to navigate complex regulatory landscapes, mitigate risks, and maintain its reputation as a trusted financial institution.

How you succeed

To succeed in this role, you will need to stay up-to-date with changing regulatory requirements, collaborate with various stakeholders to identify and mitigate compliance risks, and provide timely support to business units. You will need to be proactive, analytical, and able to communicate complex compliance issues effectively.

What you do

• Drive significant risk and control transformation and innovation to strengthen business' control environment with the offshore business (PBA).
• Drive a deep sense of risk awareness within sales team leaders to achieve strong control culture.
• Main point of contact to collaborate on changes and regulatory policies as well oversight for business self-monitoring. This includes all compliance-related matters relating to FAA sales advisory processes, AMLCDD and operational risks
• Responsible to review and identify control weakness within the business, mitigate risk through effective internal surveillance and risk/control initiatives whilst ensuring adequate management supervisory oversight
• Ensure no material lapses/infractions impacting business risk scorecard; ensure overall satisfactory audit results
• Co-ordinate or organize risk/compliance-related training or workshops for staff, including the overseeing of implementation on any changes required to mitigate business risk.
• Maintain close collaboration with other stakeholders and business partners (e.g. Branch Service & Risk Management, Risk & Prevention, CFS AML, Wealth Management, Group Audit)
• Responsible to examine, assess and execute risk/control management initiatives within the business
• Continually stay abreast of the developments within the business and drive relevant and up to date processes to help the business grow and navigate through the fast-changing compliance requirement
• Prepare compliance reports and updates for senior management and regulatory bodies

Who you are

• You should have at least 8-10 years' banking experience mainly in the Risk & Control function, of which 3 years must be in management position
• Good knowledge of regulatory requirements on fair dealing, advisory and sales process, AML/CDD/CFT/Sanctions concepts.
• Be able to produce relevant presentations and quality documentations relating to regulatory and strategic deliverables
• Be able to drive and lead business initiatives / projects by working with key stakeholders of all levels
• Must be mature to deal with senior management and leadership in leading the Business Control team
• Ability to work independently and as part of a team
• Strong attention to detail and organizational skills

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.

*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.