AVP, Sanction at Oversea Chinese Banking Corp

, Hong Kong, China -

Full Time

Start Date

Immediate

Expiry Date

04 Aug, 26

Salary

0.0

Posted On

07 May, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Sanctions Compliance, AML/CFT, Risk Assessment, Sanctions Investigations, Regulatory Compliance, Name Screening, Transactional Screening, User Acceptance Testing, Analytical Skills, Problem Solving, Banking Operations, Presentation Skills

Industry

Banking

Description

WHO WE ARE: As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here. Purpose of the role: To excel in this role, you'll need to stay up-to-date with evolving sanctions regulations and emerging trends. You'll work collaboratively with stakeholders to implement effective sanctions controls, conduct thorough risk assessments, and provide guidance on compliance matters. Your analytical skills and attention to detail will be essential in identifying potential risks and developing mitigation strategies. What You Will Be Doing: Advise business units and support units on Sanctions issues and potential impact of regulatory requirements Conduct risk assessment on sanctions related hits triggering from name and transactional screening Conduct sanctions investigations Provide comments on customer review from sanctions perspective Maintain the sanction-related internal watchlist Conduct user acceptance test on system enhancement project Handle ad-hoc tasks as assigned What We Are Looking For: Degree holder preferably in law, finance, accounting or related disciplines Professional qualification on AML/CFT, e.g AAMLP/ CAMLP, CAMS, CGSS, etc. is an advantage At least 7 years working experience in AML/ sanctions compliance in banking industry Familiar with AML regulatory requirements and international sanctions regulations from UN, OFAC, EU, etc. Strong analytical, presentation and problem-solving skills Sound knowledge of banking products and operations Able to work independently and make sound judgement Proficiency in both written and spoken English More experience candidate may be considered as VP, Sanction What we offer: Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers. Let’s build the bank we need for the future we want. Find the best version of yourself in a friendly, supportive team. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here Introduce yourself to our recruiters and we'll get in touch if there's a role that seems like a good match. As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our 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. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.

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Responsibilities

The role involves advising business units on sanctions issues and conducting risk assessments on screening hits. Responsibilities also include performing sanctions investigations and maintaining internal watchlists.