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

The successful candidate will be part of the Group Compliance, AML/CFT, Sanctions Policy, Advisory & Training team and serve as a Senior representative being the Head, AFC Sanctions. The key responsibilities are as follows:

• Responsible for overseeing the development and management of appropriate policies, procedures and processes to ensure compliance with all applicable sanctions requirements including those of Singapore, US, EU, UK Sanctions requirements.
• Serves as the most senior escalation point/decision maker on escalations relating to Sanctions, across the Bank
• Serves as the primary liaison to Business and Group Compliance in connection with Sanctions advisory matters.
• Effective contributor for implementation of sanctions policies and procedures, training and risk assessment.
• Maintain audit-ready and consistent practices, procedures and audit logs for sanctions advisory.
• Respond to regulatory and correspondent banks inquiries related to economic sanctions compliance.
• Work closely with relevant Gorup Compliance teams, Internal Audit and other Line 1.5 or Line 1 control functions to ensure that sanctions compliance programs, policies and procedures meet current regulatory requirements.
• Provide ongoing sanctions training to front office, middle and back offices where required.
• Develop and maintain effective relationships with stakeholders across the Bank.
• Keep abreast of current legislative and regulatory developments in ensuring relevant policies, procedures and practices are current.
• Lead the review of transactions, deals, strategic initiatives, and other relationships to ensure conformity with sanctions laws and regulations and the Bank’s policies.

Requirements

• At least 12 years of experience in financial industry with a focus on Sanctions Compliance, or Financial Crime Advisory
• Candidates with demonstratable subject matter expertise in Sanctions Compliance will be required.
• Candidates with demonstratable subject matter expertise in Exports Controls will have an advantage.
• Possess market acumen to adjust and adapt to the changing regulatory landscape.
• Good understanding of industry trends and developments, in the field of financial crime compliance, audit and assurance, or AIDA.
• Ability to present, engage and influence senior leadership in a professional setting.
• Impeccable integrity and proven performance track record to deliver outstanding work.
• Team player who believes that the whole is greater than the sum of its parts, and who possesses drive, initiative, an eye for detail and ability to work independently under pressure.
• Strong writing and communication skills with ability to develop a strong working partnership with external and internal stakeholders.
• Team player and demonstrated ability to manage multiple tasks and work independently.
• High personal standard of ethics, integrity and commitment to fulfilling the objectives of the position.
• Strong project management and execution skills.
• Ability to understand business issues and develop solutions that meet regulatory requirements while minimizing impact to normal business processes.

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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