Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Banca Specialist, Group Consumer Financial Services
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Banca Specialist supports OCBC’s consumer banking business by understanding customers’ financial needs and recommending suitable banking, investment, insurance and wealth solutions. Responsibilities typically include building and managing customer relationships, generating leads, conducting financial needs analysis, achieving sales and service targets, following up on prospects, and ensuring all activities comply with regulatory and internal controls. Candidates are generally expected to have relevant banking, insurance or financial-services experience, strong communication and consultative selling skills, customer focus, and a good understanding of personal financial products. Relevant certifications such as CMFAS may be required or preferred. The successful candidate should be commercially driven, ethical, organised, resilient and comfortable working with targets while delivering responsible advice.
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 a major Singapore-headquartered financial institution and one of Southeast Asia’s largest banks. Established in 1932, it provides consumer and commercial banking, wealth management, insurance, investment banking and treasury services across Singapore and key markets in Malaysia, Indonesia, Greater China and other locations. Through its consumer banking operations, OCBC offers deposits, cards, home loans, personal lending, investments, insurance and digital banking services to individuals and families. The bank is known for its extensive branch and digital networks, strong regional presence and focus on customer financial wellbeing. OCBC also operates businesses under brands including Bank of Singapore and Great Eastern, giving employees opportunities to work across banking, wealth and insurance. Its culture places emphasis on customer centricity, responsible banking, innovation, collaboration and professional development.