AVP, Sanction

5/6/2026

The role involves advising business units on sanctions issues and conducting risk assessments on screening hits. Responsibilities also include performing sanctions investigations and maintaining internal watchlists.

Working Hours

40 hours/week

Company Size

10,001+ employees

Language

English

Visa Sponsorship

About The Company

OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker. OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services. OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang. OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.

About the Role

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.

Purpose of the role:
To 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 Will Be Doing:

Advise business units and support units on Sanctions issues and potential impact of regulatory requirements
Conduct risk assessment on sanctions related hits triggering from name and transactional screening
Conduct sanctions investigations
Provide comments on customer review from sanctions perspective
Maintain the sanction-related internal watchlist
Conduct user acceptance test on system enhancement project
Handle ad-hoc tasks as assigned

What We Are Looking For:

Degree holder preferably in law, finance, accounting or related disciplines
Professional qualification on AML/CFT, e.g AAMLP/ CAMLP, CAMS, CGSS, etc. is an advantage
At least 7 years working experience in AML/ sanctions compliance in banking industry
Familiar with AML regulatory requirements and international sanctions regulations from UN, OFAC, EU, etc.
Strong analytical, presentation and problem-solving skills
Sound knowledge of banking products and operations
Able to work independently and make sound judgement
Proficiency in both written and spoken English
More experience candidate may be considered as VP, Sanction

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.

Key Skills

Sanctions ComplianceAML/CFTRisk AssessmentSanctions InvestigationsRegulatory ComplianceName ScreeningTransactional ScreeningUser Acceptance TestingAnalytical SkillsProblem SolvingBanking OperationsPresentation Skills