Business Compliance Service Manager (Reviewer) (6-Month Contract)

at  OCBC Bank

Business Compliance Service Manager (Reviewer) (6-Month Contract) - (240000FG)
At OCBC, we uphold integrity as one of our core values and place a strong emphasis on having a strong compliance culture. The Business Compliance Service Manager role within the Commercial Banking Business Compliance Team is responsible for reviewing and carrying out surveillance work on Corporate accounts (Commercial Banking) to manage risks pertaining to anti-money laundering, counter-terrorism financing or economic and trade sanctions.
The Business Compliance Service Manager is expected to be highly accurate and meticulous in analysing account transactions. When a transaction or event poses a risk to the bank (reputational or potential breach of law, sanction of regulation), the successful candidate is expected to identify and recommend or take remedial action to mitigate the risk. The candidate is thereafter required to complete reviews within the stipulated timeframe.
Are you ready to develop your potential within OCBC’s EmB Business Compliance Team?

Essential Duties and Responsibilities:

• Perform various types of triggering event reviews on customer accounts in a timely and efficient manner
• Identify, analyze and escalate potential AML risks
• Generate independent recommendations regarding AML risks
• Liaise with customers or Relationship Managers to obtain updated client information
• Identify and escalate any unusual activity or transaction activity inconsistent with client profile and file UTRs where required
• Collaborate with business users and project team members on problem resolution, project initiation, implementation and post implementation support
• Conduct research via available Bank systems, commercial databases and the internet
• Contribute to developing and ensuring a compliant culture within the business users

• Perform various types of triggering event reviews on customer accounts in a timely and efficient manner
• Identify, analyze and escalate potential AML risks
• Generate independent recommendations regarding AML risks
• Liaise with customers or Relationship Managers to obtain updated client information
• Identify and escalate any unusual activity or transaction activity inconsistent with client profile and file UTRs where required
• Collaborate with business users and project team members on problem resolution, project initiation, implementation and post implementation support
• Conduct research via available Bank systems, commercial databases and the internet
• Contribute to developing and ensuring a compliant culture within the business user