About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

Anti-Money Laundering - Policy and Advisory is responsible for assisting clients with anti-money laundering / Bank Secrecy Act issues, helping them to understand their risk factors, and providing advice on the implementation of detection and compliance programs. Specializes in developing, implementing, and overseeing anti-money laundering (AML)-related policies and procedures, assuring compliance with domestic and international regulations, guiding the firm on AML obligations, and analysis of new AML laws, rules, and regulations.

The Compliance, AML, & Control function is responsible for ensuring that all activities comply with regulatory requirements, including financial crime, anti-money laundering, anti-bribery and corruption, data privacy, and sanctions.

Job Responsibilities:

The successful candidate will be part of the Group Compliance, Sanctions Policy, Advisory and Training team. Key responsibilities are as follows:

•As the subject matter expert, this individual will provide advice/collaborate with Business and AML Business Compliance officers in the development of Sanctions controls, processes and procedures to ensure risks are effectively identified and mitigated. Reference to Sanctions shall include Defence and Dual Use Goods, and Export Controls, as applicable.
•Reviews and contributes to the maintenance of Group Sanctions policies and procedures to ensure its effectiveness and relevancy to laws, regulations and best practices.
•Provide consistent advice, interpretation and implementation of Group Sanctions procedure.
•Provide key updates on Sanctions related matters to the respective business forums and committees.
•Work alongside Business and Business Compliance Officer in the management of Sanctions controls and risk
•Monitors development on related Sanctions laws, regulations and risk trends
•Handles internal and external audits and reviews.
•Provide support and participate in Sanctions/regulatory-related projects.
•Provide Sanctions view in relation to name and transaction screening.
•Partake in policy decision on list management, screening approaches and like.
•Any other support as required by the Head of Sanctions Policy, Advisory and Training from time to time.

Job Requirements:

•Degree or professional qualification in business or banking/financial services related areas.
•At least 7 years of relevant work experience preferably in AML/CFT/Sanction compliance function.
•A team player, strong interpersonal, communication and presentation skills; must have a go getter mindset.
•Good knowledge/understanding of banking and financial services laws & regulations, compliance best practices and understanding of financial products & systems
•Ability to work effectively, under pressure, in a rapid changing environment, as well as autonomously and as an effective member of a dynamic team
•Possesses good analytical and problem-solving skills
•Able to work on multiple assignments
•Self-driven, meticulous and able to operate expeditiously

Additional Requirements

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

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