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 Join

Be a guardian of financial integrity. As an EmB Business Compliance Intern, you’ll play a critical role in protecting OCBC from financial crime and ensuring our adherence to regulatory standards. You’ll gain practical experience in conducting customer due diligence, analyzing risk, and contributing to a robust compliance framework for our corporate clients.

How you succeed

To excel in this role, you’ll need to be meticulous, analytical, and possess a strong attention to detail. You’ll thrive in a fast-paced environment, be eager to learn about regulatory requirements, and demonstrate a commitment to upholding the highest standards of compliance. Your ability to work independently and communicate effectively will be crucial in delivering impactful results.

What you do

Your responsibilities will include:

• Customer Due Diligence & Screening: Independently perform end-to-end customer due diligence, Know Your Client (KYC), and screening work for a variety of client segments with differing risk profiles.
• Risk Assessment & Review: Conduct assessment and triggering event reviews within stipulated timelines, identifying potential risks and ensuring compliance with regulatory requirements.
• Research & Information Gathering: Conduct thorough research using Bank systems, commercial databases, and internet sources to gather information for customer reviews.
• Regulatory Understanding & Application: Discuss and apply your understanding of various MAS/AML/CFT guidelines to ensure appropriate controls are in place.
• Process Improvement & Automation: Participate in process enhancement and automation projects to improve team efficiency and effectiveness.
• Communication & Collaboration: Contact customers for clarifications and obtain updated information regarding their businesses, fostering clear communication and collaboration.

Who you work with

The EmB Business Compliance team is dedicated to safeguarding OCBC’s financial integrity and ensuring compliance with regulatory requirements. You’ll work alongside experienced compliance professionals in a collaborative and supportive environment.

Who you are

• Open to learning and feedback
• Highly motivated and results-oriented with a strong sense of initiative.
• Meticulous with a strong attention to detail and ability to manage multiple tasks effectively.
• Able to work independently and as part of a team.
• Good communication and interpersonal skills.
• Excellent knowledge of MS Office and office management software.
• Keen learner with a desire for growth and further development.
• Currently pursuing an undergraduate degree.

Learning Objectives

This internship will provide you with:

• A comprehensive understanding of MAS/AML/CFT guidelines and how controls are carried out in a banking environment.
• Hands-on experience in performing end-to-end customer due diligence, KYC, and screening procedures.
• Practical experience conducting risk assessments and triggering event reviews.
• Development of analytical skills, attention to detail, and a strong understanding of regulatory compliance.

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.