AVP, AML Controls Reviewer-3, PFS

United Overseas Bank; Kuala Lumpur; On-site; MYR 70,000 - 90,000; Full time

Job summary

A leading bank in Asia seeks a Risk Analyst to conduct assessments for high-risk clients. The ideal candidate will possess a Bachelor’s Degree in Finance, have at least 5 years of experience in banking or financial services, and demonstrate strong analytical skills. Proficiency in Microsoft Office and basic AML knowledge are essential. You will collaborate with multiple teams to provide risk recommendations and ensure compliance with regulations. UOB is committed to diversity and provides equal opportunity employment.

Qualifications

• At least 5 years of relevant experience in banking or financial services.
• Experience in AML, compliance, or risk management functions.
• Professional certifications such as Certified Anti-Money Laundering Specialist are advantageous.

Responsibilities

• Conduct risk assessments and make recommendations for high-risk clients.
• Review risk factors and changes in risk ratings.
• Ensure appropriate approvals for review processes.
• Assess the client's background and update SOW narratives.
• Collaborate with teams for timely and accurate completion of reviews.
• Provide recommendations on client relationships based on risk review outcomes.

Skills

Analytical skills

Attention to detail

Proficient in Microsoft Office (Excel, Word)

Knowledge in AML/CFT

Education

Bachelor’s Degree in Finance

Job description

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.