AVP, AML Control Reviewer-1, PFS

United Overseas Bank; Kuala Lumpur; On-site; MYR 80,000 - 120,000; Full time

Job summary

A leading financial institution in Kuala Lumpur is seeking a Risk Assessment Specialist to conduct evaluations for high-risk clients. Candidates should possess a Bachelor's Degree in Finance and at least 5 years of relevant experience in the banking or financial services industry. Strong analytical skills, attention to detail, and proficiency in Microsoft Office are required. This role also values professional certifications in anti-money laundering as an advantage. Join us to make a significant impact within the organization.

Benefits

Equal opportunity employer

Qualifications

• Minimum of 5 years of relevant experience in banking or financial services.
• Exposure to AML, compliance, or risk management functions is required.
• Professional certifications such as Certified Anti‑Money Laundering Specialist are advantageous.

Responsibilities

• Conduct risk assessments and provide recommendations for high-risk clients.
• Review risk factors and changes in ratings flagged by teams.
• Collaborate with teams to ensure timely and accurate completion of reviews.

Skills

Analytical skills

Attention to detail

Interpret complex data

Proficient in Microsoft Office

Education

Bachelor's Degree in Finance related discipline

Tools

Microsoft Excel

Microsoft Word

Job description

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

• Conduct risk assessments and provide risk acceptance recommendations, primarily for high-risk clients within the client group, following initial pre‑assessments by AML Operations / branch operations / Relationship Manager (RM) / Customer Advisory (CA), or Senior Customer Advisory (SCA).
• Review risk factors and changes in risk ratings flagged by AML Operations / branch operations / CA / SCA.
• Ensure appropriate approvals are obtained to complete the review process.
• Assess the client's background, including the Source of Wealth (SOW) write‑up and any corroboration provided by AML Operations, CA, or SCA. Update or revise the SOW narrative based on the latest available information and supporting documentation.
• Collaborate closely with AML Operations, RM, CA, or SCA teams to ensure timely and accurate completion of in‑scope reviews.
• Provide business recommendation if to retain or exit client relationships based on the outcome of the risk review.

Job Requirements

• Possess at least a Bachelor's Degree in Finance related discipline.
• Minimum of 5 years of relevant experience in the banking or financial services industry, with exposure to AML, compliance, or risk management functions.
• Good analytical skills and attention to detail, with the ability to interpret complex data and identify potential risks.
• Proficient in Microsoft Office (Excel, Word).
• Basic knowledge in AML/CFT.
• Professional certifications such as Certified Anti‑Money Laundering Specialist are advantageous.

Additional Requirements

Develop, Engage, Execute, Strategise

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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