Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
CFS AML Risk Management (CDD) Cluster Team Lead
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The CFS AML Risk Management (CDD) Cluster Team Lead will oversee customer due diligence activities and AML risk controls across consumer financial services. Responsibilities typically include leading a CDD team, reviewing higher-risk customers and complex cases, ensuring timely remediation of deficiencies, monitoring regulatory compliance, improving procedures, and partnering with business, operations and compliance stakeholders. Candidates should have a degree, strong experience in AML, KYC or CDD within banking or financial services, and practical knowledge of Singapore regulations and international standards. The role requires people leadership, sound judgement, investigative ability, attention to detail, effective communication and confidence in managing regulatory or audit requirements.
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 OCBC Bank
OCBC Bank is one of Southeast Asia’s largest financial institutions and Singapore’s longest-established bank. Headquartered in Singapore, it provides consumer, business and corporate banking, wealth management, insurance and investment services across Singapore, Malaysia, Indonesia, Greater China and other markets. The bank serves individuals, small and medium-sized enterprises, large corporations and institutional clients through branches, digital platforms and specialist teams. OCBC is recognised for its strong regional presence, broad financial-services offering and ongoing investment in technology and digital banking. As a regulated bank, it places significant emphasis on risk management, compliance, cybersecurity, customer protection and operational resilience. Employees typically work in a structured, collaborative environment with opportunities to support regional projects, process improvements and evolving financial-crime controls.