Overview

Hybrid
BOS Singapore
Full time
JR00003453

Bank of Singapore opens doors to new opportunities.

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

This role is responsible for conducting HQ governance and oversight of the FCC-related processes over the BOS Branches, Affiliates, Representative Offices and Subsidiaries (“BAROS”).

You will work closely with the local FCC teams across BOS BAROS as well as key stakeholders in OCBC Group and BOS Head Office.

Main duties

  • Maintain compliance governance and oversight on BOS Branches, Affiliates, Representative Offices and Subsidiaries (“BAROS”).
  • Implement BOS Group policies and procedures to BAROS.
  • Provide FCC advisory to BOS BAROS.
  • Plan and execute strategies to manage emerging risks and/or areas of emerging concerns.
  • Review and provide guidance to BOS BAROS to formulate Management Action Plans in response to findings arising from audits and/or regulatory inspections.
  • Assess oversight effectiveness outcomes semi-annually.
  • Conduct risk culture assessment of BOS BAROS Front Office.
  • Supervise and advise key business initiatives involving BOS BAROS.
  • Guide the formulation of compliance training and share best practices across BOS BAROS.
  • Drive and manage initiatives to enhance the AML/CFT framework and program.
  • Review senior management reporting.
  • Support any ad-hoc tasks/work as assigned by the manager.

Requirements

  • Degree Holder
  • Minimum 6 years of experience in FCC-related roles, preferably within private banking.
  • Able to drive change and seize opportunities to improve FCC control environment in a fast-paced environment.
  • Able to articulate thought process clearly.
  • Possess a strong analytical and problem-solving skills with excellent verbal and written communication and interpersonal skills.
  • Proficient in MS Office applications.
  • Team player, self-motivated and resourceful.

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About OCBC Bank

OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.

OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.

OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.