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

Job Responsibilities

• Lead and supervise a team responsible for AML/KYC reviews of Retail Banking Individual customers, ensuring reviews are completed accurately, consistently, and within established timelines.

• Review team members' work and provide guidance to ensure quality, consistency, and compliance with regulatory requirements and internal policies.

• Deliver training, coaching, and knowledge-sharing sessions to strengthen team capabilities and promote consistent application of AML/KYC, and SOW standards.

• Partner with Business, Compliance, and other stakeholders on AML/CFT, KYC, and SOW-related matters, ensuring timely resolution of queries and information requests.

• Prepare management and operational reports, support regulatory and audit engagements, and contribute to process improvement initiatives and ad hoc projects.

• Maintain up-to-date knowledge of AML/CFT regulations, industry best practices, and internal policies.

• Oversee the team's execution of periodic and ad hoc AML reviews, including Source of Wealth (SOW) assessments.

Team’s activities include:

• Review and assess customer profiles, transaction activities, and supporting documentation to identify potential AML/CFT, sanctions, reputational, and financial crime risks.

• Conduct and oversee research using internal and external sources to verify customers' source of wealth and support risk assessments.

• Identify and escalate suspicious activities, material discrepancies, and other risk indicators to relevant stakeholders for further review and action.

• Recommend appropriate account relationship outcomes, including continuation, referral, exclusion, or closure, based on risk assessment findings.

Qualifications and Experience

• Degree holder in any discipline, preferably in Business, Finance, Accounting, Economics, Law, or a related field.

• Minimum 5 years of relevant AML/KYC experience within the banking or financial services industry.

• Strong knowledge of AML/CFT regulations, sanctions requirements, customer due diligence, enhanced due diligence, and Source of Wealth assessments.

• Proven experience in conducting and reviewing AML investigations, KYC reviews, and customer risk assessments.

• Experience leading a team, with the ability to drive performance and maintain high quality standards.

• Excellent written and verbal communication skills, coupled with strong stakeholder management and interpersonal skills.

• Self-motivated, detail-oriented, and able to work effectively in a fast-paced environment.

• ACAMS certification or other relevant AML-related professional qualifications will be an advantage.

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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