• Competitive
  • Singapore
  • Contract, Full time
  • OCBC Bank
  • 19 Oct 17

Contract Bank Officer - AML Risk Management

Contract Bank Officer - AML Risk Management

Reporting to CFS CARM-CDD/Transaction Monitoring Team Lead

Key Responsibilities:
  • Review customer information to assess potential matches to name screening hits and recommend the appropriate treatment of the hits
  • Review customer transactions where required to assess for suspicious transactional activities
  • Assist in filing Suspicious Transaction Reports to Group Regulatory Compliance Unit where required
  • Conduct and support enhanced customer due diligence and periodic reviews
  • Prepare Exit Strategy Plans for high AML/CFT risk customers
  • Support other ad-hoc duties and projects.

Key relationships: Internal
  • Branch Service Risk Management
  • Premier Banking Offshore Middle Office
  • OCBC Private Client Business Management Unit
  • Group Lifestyle Financing
  • Group Wealth Management
  • Consumer Secured Lending
  • Card Operations
  • Consumer Loan Operations
  • Investment Operations
  • Account Services
  • Regulatory Compliance Unit - AML

GCE "A" Level or Diploma with 1 to 2 years of AML/CFT experience

Technical skills:
Understanding of regulatory requirements relating to money laundering and terrorism financing
Skills required:
  • Team player and able to analyze issues independently
  • Good written and oral communication skills and ability to interact effectively with people at different levels