Overview

Hybrid
BOS Singapore
Full time
JR00003597

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!

Overview

The job holder will report directly to the Team Lead of Financial Crime Compliance Investigation. This role is responsible for conducting thorough investigations into cases escalated from various business units, identifying potential Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) risks, and managing the preparation and submission of Suspicious Transaction Reports (STRs) to relevant authorities.

Key Responsibilities

  • Conduct detailed investigations on cases escalated from business units that present potential AML/CFT risks.
  • Identify and analyze red flags during transaction reviews and recommend the filing of STRs when applicable.
  • Prepare, review, and submit STRs to local authorities in a timely and accurate manner.
  • Liaise and communicate effectively with relevant stakeholders (e.g. Front Office) to facilitate comprehensive AML investigations.
  • Perform post-STR transaction reviews and post-mortem reviews where necessary. 
  • Support and contribute to ad-hoc AML/CFT investigations cases and projects as required.

Requirements

  • Minimum of 8 years of experience in AML/CFT Compliance.
  • Candidates with experience in STR filing and investigation are preferred.
  • Bachelor’s Degree or equivalent qualification.
  • Strong analytical and problem-solving skills with meticulous attention to detail and excellent organizational abilities.
  • Good interpersonal and communication skills, capable of working collaboratively within a team environment.
  • Excellent written communication skills for preparing clear and comprehensive investigation reports.
  • Ability to manage multiple priorities and meet strict deadlines effectively.
  • Professional certifications in AML/CFT (e.g., ICA, CAMS) will be considered an advantage.

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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.