Overview
OCBC Singapore
Description
The objective of Risk Management and Compliance function is to establish and maintain governance and oversight on the effectiveness of fraud risk management and compliance matter.
Compliance matters include, but not limited to, personal data protection matter, ethics, culture and conduct aspect, regulatory breaches.
The candidate will report to the Head of Risk Management and Compliance with the following key responsibilities:
- Support risk governance and oversight on the effectiveness of fraud risk management and compliance. For example, PDPA and Anti-fraud governance.
- Undertake the appointment of (Assistant) Data Protection Officer and discharge of duties
- Establish and maintain fraud risk management/ compliance standards (policies/ procedures/ guidelines)
- Prepare relevant reports
- Provide anti-fraud risk/ compliance advisory to business units
- Drive anti-fraud risk/ compliance awareness and training program
- Work with stakeholders to implement anti-fraud risk/ compliance programme/activities and ensure alignment to the OCBC Group
- Assist in the investigation of fraud risk/ compliance matters
- Monitor open cases till resolution
- Ensure compliance with regulatory requirements
- Perform ad-hoc assignment/ project
Qualifications
Requirement:
- Bachelor Degree or equivalent.
- Prior PDPA experience is desired.
- Good knowledge and experience with legal and regulatory requirements pertaining to fraud risk management and compliance matter (Asia-pacific, particularly Singapore, China and Australia). At least 3 years of experience in fraud risk management and/or compliance to draft, review, maintain, and implement policies/procedures.
- Good knowledge in risk management is preferred.
- Good problem analysis and resolution skills.
- Ability to contribute through others, collaborate well across business units, cultures and locations
- Good written and communication skills with ability to interact and engage with stakeholders and all levels of management
- Ability to work well under pressure and respond to tight deadlines
- Proactive and consistently show initiative, solution oriented
- Dependent on the candidate’s experience, appropriate rank will be offered accordingly.
Primary Location
: Singapore
Job
: Operational Risk
Organization
: OCBC Singapore
Schedule
: Permanent
Job Posting
: 04-Nov-2024, 5:44:30 AM
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.
