OCBC

Business Compliance, Global Corporate Banking - MGR

OCBC
BankingOCBC SingaporeOnsitePosted 7 hours ago

About the role

This role is for a Business Compliance Manager in Global Corporate Banking Compliance, responsible for performing CDD/EDD reviews, trigger event reviews, name screening, and AML/CFT risk assessment. The candidate works with Relationship Managers and conducts research to ensure compliance with bank policies and regulations. Requires 3-5 years of KYC experience in a financial institution, preferably corporate banking, with strong understanding of AML/CFT and sanctions.

BankingOnsite

Key Responsibilities

  • Perform Customer Due Diligence (CDD)/Enhanced Due Diligence (EDD) review and Name Screening on Global Corporate Banking customers
  • Ensure completion of Triggering Event Reviews within stipulated timeframe and in line with Bank's policy and procedures
  • Work closely with Relationship Managers to gather client documents/information required to complete the triggering event review
  • Conduct research via available Bank systems, commercial databases as well as public sources
  • Identify, analyse and escalate potential AML/CFT risks
  • Identify and escalate any unusual activity / transaction not consistent with client profile

Requirements

  • Preferably at least 3-5 years of experience in a KYC analyst role in a Financial Institution, preferable 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
  • Analytical and problem-solving skills, with the ability to identify and assess compliance risks
  • Excellent communication and interpersonal skills, with the ability to work collaboratively with various stakeholders
  • Strong attention to detail and organizational skills, with the ability to prioritize tasks and manage multiple projects simultaneously
  • A proactive and adaptable approach, with a commitment to maintaining the highest standards of integrity and compliance