Compliance Reviewer, Global Corporate Banking

5 days ago

Singapur, singapore OCBC Full-time SGD 90,000 Contract

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Compliance Reviewer – Corporate Banking Compliance/Onboarding

Join our Corporate Banking Compliance/Onboarding team and play a pivotal role in ensuring our onboarding processes meet the highest standards of quality and regulatory compliance.

What You Do

Perform On‑boarding Customer Due Diligence (CDD)/Enhanced Due Diligence (EDD) review on Global Corporate Banking customers
Ensure completion of Onboarding Reviews within stipulated timeframe and in line with Bank’s policy and procedures
Work closely with Relationship Managers to gather client documents/information before drafting on the EDD reviews and making independent recommendations regarding AML risk to the Business Units
Conduct research via available Bank systems and commercial databases as well as Internet
Identify, analyse and escalate potential AML risks
Identify red flag situations and escalate in line with policy and procedures
Identify and escalate any unusual activity / transaction activity not consistent with client profile
Ensure timely update of CDD/EDD Tracking file so as to reflect the accurate status
Perform daily AML alert closures raised on the Bank’s screening system
Administrative duties on behalf of the wider team including PowerPoint creation and writing meeting minutes
Perform Periodic and Triggering CDD/EDD reviews (when required)
Any other projects/ duties as may be assigned

Who You Are

Preferably at least 3‑5 years of experience in a KYC analyst role in a Financial Institution, preferably in the corporate banking environment.
A good understanding of money laundering, terrorist financing and sanctions issues, including policies, procedures, sanctions, regulations, industry best practice, developing trends and knowledge of trade finance transactions reviews are required.
Candidates with the following experiences/ qualifications would have an added advantage:
- Performing CDD for corporate customers, or in formulating and analysing data analytics models
- Solid knowledge on trade finance products and understanding trade‑based money laundering typologies
- Handling of internal audit and/or external audit
- Hands‑on experience in assurance testing
- Professional certification such as ICA or ACAMS would be an added advantage.
Experience in identifying and evaluating processes for BOT enhancement and automation opportunities such as ability to write macros to automate internal reports is a bonus
Good interpersonal and presentation skills
High proficiency in written and spoken English
Is mature and able to work under pressure and meet timelines
Degree Holder

Who You Work With

The Corporate Banking Compliance (“CBC”) team centralises anti‑money laundering and counter‑financing of terrorism (AML/CFT) compliance functions for the Singapore business units within Global Corporate Banking. CBC optimises AML/CFT compliance activities across multiple departments and advises the business on regulatory risk and controls in FATCA, CRS and sanctions matters.

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