In this paper, an on-chip optical circulator on the InP-membrane-on-Si (IMOS) platform is demonstrated. The circulator is composed of two multi-mode interferometers (MMIs), four polarization converters (PCs), and a Cerium-doped Yttrium Iron Garnet (Ce:YIG) die. The Ce:YIG die is adhesively bonded on the InP membrane via a 125-nm thin bonding layer. Nonreciprocal phase shift (NRPS) is employed in the presence of a transverse magnetic field. The device works as a 4-port optical circulator with a maximum optical isolation of 27.0 dB and a minimum optical isolation of 18.6 dB for the TE mode. The measured optical isolation bandwidth is 0.12 nm. Two methods are proposed in order to improve the optical isolation bandwidth.