OCBC Bank Singapore

Posted 2 hoursago Contract Competitive
O CBC Bank is the longestestablished Singapore bank, formed in 1932 from the merger of threelocal banks, the oldest of which was founded in 1912. It is now thesecond largest financial services group in Southeast Asia by assetsand one of the world's most highly-rated banks, with an Aa1 ratingfrom Moody's. Recognised for its financial strength and stability,OCBC Bank is consistently ranked among the World's Top 50 SafestBanks by Global Finance and has been named Best Managed Bank inSingapore by The Asian Banker.
Division Description
Group Legal & Compliance (GLC) Division supportsthe Bank in all legal, regulatory and compliance matters. Thedivision ensures that the Bank's businesses comply with policies,procedures and relevant laws, rules and regulations issued byMonetary Authority of Singapore and other local regulators.
Apart from being a legal advisor on litigation,trademark filings and other legality issues where relevant, GLCplays an important role as undertakers of the bank-wide regulatorycompliance and anti-money laundering initiatives. This includesdeveloping policies and procedures to manage and mitigate risksrelating to money laundering and financing of terrorism, as well asmonitoring, detection and combating of money laundering andfinancial crime activities.
Key Responsibilities:

Provide regulatory compliance advice to theBank's consumer financial business.
Keep abreast of newand changes to regulations.
Drive the implementation ofnew regulatory requirements.
Act as the liaison withregulators for regulatory compliance matters
Reviewregulatory compliance policies and procedures of relating to theBank's consumer financial business.
Identify, assessand document compliance risks associated with business activities,including development of new products and business practices.
Provide regulatory compliance training.
Manage all other projects assigned on an ad-hoc basis.

Qualifications
The ideal Candidate willmeet the following requirements:

Possess auniversity degree.
3-5 years of relevant experience inregulatory compliance in a bank or external audit focusing on auditof financial institutions.
Candidates who are familiarwith or have experience in a similar role dealing with MASregulations such as the Banking Act, Financial Advisers Act,Securities and Futures Act and Payment Services Act will befavorably considered
Familiar with financial productsand services.
Proven leadership, organization andfacilitation skills.
Good interpersonal andcommunication skills.
Proactive, independent andresourceful.
Embodies team work.
Ability toadapt to changes.
Ability to work under time constraintand pressure.

At OCBC, we recognise yourdrive, passion and talent. We will bring out the best in you andempower you to excel. Fulfil your life goals and career ambitionswith us.

*We regret that only shortlistedCandidates will be notified.

Job ID230001FB