• Competitive
  • Singapore
  • Permanent, Full time
  • OCBC Bank
  • 20 Oct 17

AVP, AML Governance & Training- Group Consumer Financial Services Risk & Prevention

AVP, AML Governance & Training- Group Consumer Financial Services Risk & Prevention

Roles & Responsibilities:

  • Keep abreast of all developments on AML and collaborate with the relevant stakeholders to adopt best industry practices
  • Work with Group Regulatory Compliance Unit to establish/ re-define the AML policies and processes to ensure that these are robust to manage the AML risks
  • Disseminate regulatory updates and correspondences on AML/CFT where applicable to BUs in GCFS SG
  • Conduct regular training for GCFS SG staff to raise their level of awareness of AML risks and their understanding on how these risks are managed
  • Assist to develop and execute annual AML Compliance Inspection Plan for GCFS SG
  • Provide advisory support to business units where required.
  • Update the department's Product Library where appropriate
  • Complete AML related management reports within specific timeline.
  • Participate actively in AML projects (at Group and business unit levels) to strengthen the AML processes to stay ahead of AML risks
  • Work closely with RCU and BUs to ensure all issues highlighted by Regulator and internal/ external auditors are closed in a complete, timely and effective manner



  • Degree with minimum 5 years of broad based AML/CFT experience (i.e. transaction monitoring, screening & sanctions, KYC,). Knowledge of regulations governing the consumer banking business, and consumer banking products.
  • Good understanding of regulatory requirements relating to money laundering and terrorism financing
  • Good leadership & interpersonal skills
  • Able to analyse issues independently
  • Strong written and oral communication skills and ability to interact effectively with people at different levels
  • Experience in auditing and risk management is an added advantage