AVP, Group Regulatory Compliance (Central Compliance)

Why Join

• Compliance is an essential function within any organization, and the central compliance team is at the forefront of ensuring regulatory compliance.
• The central compliance team plays a crucial role in ensuring the Bank's adherence to regulatory requirements and mitigating compliance risks. By joining this team, you can have a direct impact on the organization's compliance culture, processes, and overall risk management. Your contributions can help shape the compliance framework and contribute to the organization's success.

How you succeed

• You will have 3 to 5 years' experience in regulatory compliance, risk management or regulatory reporting in banking environment.
• You will stay updated on regulatory changes, emerging compliance practices, and industry developments, enhancing your knowledge and expertise.
• Attention to detail is essential to identify potential compliance gaps or issues. Develop strong analytical skills to assess risks, propose solutions, and make informed decisions.
• Actively participate in compliance projects and initiatives and contribute innovative ideas to enhance the compliance framework.

What you do
FATCA and CRS Reporting

• Manage the Bank's submission on FATCA and CRS Returns
• Liaise with regulator and internal stakeholders on follow-up actions pertaining to returns.
• Develop and streamline processes continually to achieve greater effectiveness of ensuring complete and accurate reporting.
• Implement system enhancements and re-design arising from changes in regulatory requirements, evolving business processes and source systems upgrades.

Regulatory Relations

• Kept abreast of regulatory developments and significant matters across jurisdictions with OCBC's presence and perform reporting to senior management.
• Act as primary liaison between the Bank and Regulator, ensuring timely and transparent communication on regulatory compliance and CRAFT assessment matters.

Who you work with
Group Legal & Compliance takes care of integrity and ensures compliance with all rules and regulations, developing the policies and procedures that manage and mitigate risk. In an evolving world where we're actively driving digital transformation, it's no easy task. But we thrive on the challenge because we're future-ready and focused on driving change.

Qualifications
Who you are

• Self-initiated, process oriented with an aptitude and appreciation of operational processes and system solution.
• Excellent written and communication skills.
• Strong regulatory technical skills in respect of MAS regulations and FATCA, CRS.
• Strong analytical and interpretation skills
• Strong stakeholder management skills to bring about meeting of minds across many units across the bank
• Good understanding of banking products, debt and derivatives.
• Proven leadership, organization and facilitation skills.
• Good interpersonal and communication skills.
• Proactive, independent and resourceful.
• Highly proficient in Microsoft Excel.

Who we are
Singapore's longest established bank, we've been helping people and businesses get what they want from life 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. Embracing technology and creativity to become a future-ready learning organisation. But for all that change, the entire focus of our organisation remains to be Simply Spot On. In everything we do.
And so whether you want innovate needs-based 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.
What 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.