Regulatory Compliance Advisor - Singapore - OCBC Bank

OCBC Bank

Verified Company

Singapore

1 week ago

Posted by:

Wei Jie

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Description

Group Legal & Compliance (GLC) Division supports the Bank in all legal, regulatory and compliance matters.

The division ensures that the Bank's businesses comply with policies, procedures and relevant laws, rules and regulations issued by Monetary Authority of Singapore and other local regulators.

Apart from being a legal advisor on litigation, trademark filings and other legality issues where relevant, GLC plays an important role as undertakers of the bank-wide regulatory compliance and anti-money laundering initiatives.

This includes developing policies and procedures to manage and mitigate risks relating to money laundering and financing of terrorism, as well as monitoring, detection and combating of money laundering and financial crime activities.

Key Responsibilities:

Provide regulatory compliance advice to the Bank's consumer financial business.
Keep abreast of new and changes to regulations.
Drive the implementation of new regulatory requirements.
Act as the liaison with regulators for regulatory compliance matters
Review regulatory compliance policies and procedures of relating to the Bank's consumer financial business.
Identify, assess and 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 adhoc basis.

Qualifications

Possess a university degree.
35 years of relevant experience in regulatory compliance in a bank or external audit focusing on audit of financial institutions.
Familiar with financial products and services.
Proven leadership, organization and facilitation skills.
Good interpersonal and communication skills.
Proactive, independent and resourceful.
Embodies team work.
Ability to adapt to changes.
Ability to work under time constraint and pressure.

At OCBC, we recognise your drive, passion and talent. We will bring out the best in you and empower you to excel. Fulfil your life goals and career ambitions with us.

Primary Location:
Singapore

Job:
Regulatory Compliance

Organization:
Group Legal and Compliance Division

Schedule:
Contractual

Job Posting: 05-Jul-2023, 3:35:19 AM