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.Why JoinAs a Sanctions Specialist at OCBC, you'll play a critical role in protecting the bank and its customers from financial crime. You'll work closely with various teams to identify and mitigate risks, ensuring compliance with regulatory requirements. This role offers a unique opportunity to make a meaningful impact on the bank's risk management framework.How you succeedTo 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 doConduct sanctions risk assessments on customers, transactions, and third-party relationships.Analyze and interpret sanctions regulations, advisories, and guidance from regulatory bodies.Develop and implement effective sanctions controls, including screening and monitoring processes.Review and assess sanctions screening hits on payments and trade.Collaborate with various teams, including Compliance, Risk, and Business Units, to ensure sanctions compliance.Provide guidance and training to stakeholders on sanctions regulations and compliance requirements.Who you areA degree in a relevant field, such as law, finance, or international relationsAt least 3 years of experience in sanctions compliance, risk management, or a related fieldStrong knowledge of sanctions regulations, including UN, MAS, US, EU, and UK sanctionsExcellent analytical and problem-solving skills, with attention to detail and ability to interpret complex regulationsEffective communication and collaboration skills, with ability to work with diverse stakeholdersAbility to work in a fast-paced environment, with adaptability to changing priorities and deadlinesWhat 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.
