GCFS CARM, Team Lead, Anti Money Laundering Advisory (Vice President)
OCBC Bank · Singapore
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.
The Vice President will support the Head of Anti Money Laundering (AML) Advisory in leading the team responsible for providing expert guidance and advisory services on AML policies and regulatory requirements to Global Consumer Financial Services Business Units. The role focuses on driving the effective embedment of AML controls within business processes to ensure full compliance with regulatory expectations and organizational standards.
Key Responsibilities
- Support the Head in managing the AML Advisory team to deliver high-quality advisory services to Business Units on AML policies, procedures, and regulatory requirements.
- Collaborate with the Second Line of Defense (2LoD) to interpret AML regulations and provide practical guidance that ensures compliance and effective risk management.
- Partner closely with Business Units to design and embed AML controls into operational processes, ensuring alignment with regulatory standards and organizational risk appetite.
- Monitor and analyze changes in AML laws and regulations, assess their impact on the organization, and assist in communicating updates to relevant stakeholders.
- Contribute to the development, review, and enhancement of AML policies, procedures, and training materials to maintain a robust compliance framework.
- Facilitate AML risk assessments and support the identification and mitigation of AML-related risks.
- Liaise with internal audit, legal, and regulatory bodies during AML-related reviews and examinations, ensuring timely and effective responses.
- Drive continuous improvement initiatives within the AML framework to strengthen the compliance culture and operational effectiveness.
- Mentor and develop team members, fostering a high-performing advisory function aligned with evolving regulatory requirements.
- Act as a key point of escalation and decision-making in the absence of the Head, ensuring continuity of leadership and delivery of outcomes.
Qualifications
- Bachelor’s degree in Finance, Law, Business Administration, Risk Management, or a related field is required.
- Minimum 8 years of experience in Anti-Money Laundering (AML), or related regulatory compliance roles within financial services or banking.
- Proven experience in providing AML advisory and compliance support to business units, ideally within a large, complex financial institution.
- Strong knowledge of global AML regulations, regulatory expectations, and industry best practices.
- Experience working closely with Second Line of Defense (2LoD) functions, internal audit, legal, and regulators.
- Demonstrated ability to interpret regulatory requirements and translate them into practical controls and business processes.
- Track record of leading or supporting teams in delivering AML advisory, risk assessments, policy development, and training initiatives.
- Experience managing stakeholder relationships at senior levels across business units and control functions.
- Strong project management skills with the ability to drive continuous improvement initiatives in compliance frameworks.
- Excellent communication, interpersonal, and leadership skills, with the ability to mentor and develop team members.
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.