AML Investigation Team Member

UOB; Selayang Municipal Council; On-site; MYR 60,000 - 120,000; Full time

Job summary

Join a forward-thinking bank as part of the UOB Innovation Hub team, where you'll play a crucial role in ensuring compliance with AML/CFT regulations. This position offers the chance to engage in meaningful work that impacts the bank's growth and integrity. You'll be responsible for reviewing alerts, preparing reports, and providing advisories to support the bank's compliance efforts. With a strong emphasis on teamwork and professional growth, this role promises a dynamic career path in the financial services sector. If you have a passion for investigation and compliance, this opportunity is perfect for you.

Qualifications

• Minimum 7 years of experience in intelligence/investigation related work.
• Good knowledge of banking laws and compliance best practices.

Responsibilities

• Review alerts from AML transaction monitoring systems as per Group standards.
• Prepare and submit suspicious activity reports to authorities.
• Analyze suspicious transactions to identify AML/CFT risk trends.

Skills

Analytical Skills

Problem-Solving Skills

Interpersonal Skills

Communication Skills

Presentation Skills

Job description

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. UOB's purpose is to build the future of ASEAN. Our purpose guides The UOB Way – that defines our unique culture and belief system, anchored on our values of being Honourable, Enterprising, United and Committed, and our people philosophy of Care, Growth and Trust.

About The Department

UOB Innovation Hub 2 (InnoHub2) is a UOB-wholly owned subsidiary and a Centre of Excellence based in Malaysia, providing Group Business Services (GBS) to support the UOB Group. Started in 2021 with technology application design, development and support, InnoHub2 is expanding beyond technology services to deliver other business services to support the Bank’s growth ambition. We are looking for talented and motivated individuals to be part of the pioneer team spearheading the development and delivery of the new services.

As part of the InnoHub2 team, you will have the opportunity to work on Group initiatives and gain regional business exposure. We are dynamic, passionate and purposeful about delivering trusted financial solutions that enable business growth. An exciting career progression with varied opportunities awaits you at IH2. Come grow your career with us.

Job Responsibilities

• Ensure reviews into the alerts triggered by Group approved AML transaction monitoring system(s), escalations on suspicious AML/CFT activities from business/support units and cases arising from other relevant sources (e.g adverse news in media) are in accordance to Group standards.
• Prepare and submit suspicious activity/transactions reports to the relevant local law enforcement authorities or Financial Intelligence Units in accordance to AML/CFT legislative and regulatory requirements and Group standards.
• Provide relevant advisories to business/support units and other AML/CFT teams on matters arising from reviews and investigations conducted by the unit.
• Perform analysis of suspicious activity/transaction reports to identify AML/CFT risk trends to support appropriate actions to strengthen AML/CFT controls in the Group.
• Ensure proper documentation and record keeping of reviews and investigation cases in accordance to Group standards.
• Provide inputs and support to strengthen the transaction surveillance and intelligence operating framework and procedures across the Group.
• Other ad-hoc duties as assigned.

Job Requirements

• Minimum 7 years of experience in intelligence/investigation related work.
• Good knowledge/understanding of banking and financial services laws and regulations, compliance best practices and understanding of financial products and systems.
• Strong interpersonal, communication and presentation skills.
• Excellent analytical and problem-solving skills.

Be a part of 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.

Apply now and make a difference.