Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Director, OTCR, CIB
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Director, OTCR, CIB role at Standard Chartered in Singapore is likely responsible for operational transaction control and review across Corporate and Investment Banking. Requirements typically include substantial experience in banking operations, transaction controls, risk management, governance, or front-to-back CIB processes; strong knowledge of regulatory expectations and control frameworks; and the ability to lead teams and influence senior stakeholders. The successful candidate is expected to identify operational risks, oversee control testing and remediation, improve processes, support audits and regulatory reviews, and provide clear reporting to business and control leaders. Strong analytical, communication, project-management and decision-making skills are essential, together with sound judgment, attention to detail and the ability to work across multiple jurisdictions.
Can I work in Singapore?
Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.
How it works
How it works: Employment Pass: SGD 6,200+ a month in banking at 23, more with age (6,600 from January 2027), plus 40 COMPASS points for pay, degree, nationality mix and local hiring.
Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.
Watch for: You score 0 nationality points when your nationality is 25% or more of the firm's professionals and managers; the job is usually advertised to locals for 14 days first.
Official source: Ministry of Manpower: Employment Pass eligibility. Checked November 2026.
What the job usually comes with in Singapore
Usual for Banking jobs in Singapore, varies by employer. Checked November 2026.
| Housing | Not usual; senior expats may get an allowance; Work Permit staff: employer must ensure proper housing (by law) |
|---|---|
| Relocation | Work Permit staff: employer pays levy, bond and insurance (by law); relocation help is an expat perk |
| Flights | Work Permit staff: flight home paid by the employer (by law); others only if the offer says so |
| Contract | Work Permit up to 2 years; S Pass and Employment Pass up to 2, then 3; notice 1 day to 4 weeks by default |
| Leave | 7 to 14 days (by law; many get more); 11 public holidays; 14 days' sick leave, 60 in hospital |
| Income tax | 0% up to SGD 20,000 a year, then 2% to 24% (about 3% at SGD 60,000); resident rates on a 1-year pass |
| Health cover | Employer must insure Work Permit and S Pass staff, SGD 60,000 a year (by law); Employment Pass: company plan |
Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.
Guidance, not legal advice. Rules change; your employer confirms the details for your case.
About Standard Chartered
Standard Chartered is an international banking group headquartered in London, with a strong focus on markets across Asia, Africa and the Middle East. The bank provides services covering corporate and institutional banking, commercial banking, wealth management, retail banking and financial markets. Singapore is one of its major global hubs and supports regional business, technology, operations, risk and control functions. Standard Chartered promotes its purpose of driving commerce and prosperity through its international network, while emphasizing responsible banking, inclusion, digital transformation and strong risk management. Its Corporate and Investment Banking division serves multinational companies, financial institutions, governments and investors with financing, transaction banking, advisory and capital-markets solutions. Employees generally work in a highly regulated, collaborative and internationally oriented environment, where professional qualifications, stakeholder management and experience across markets are valued.