AVP, AML Operations Analyst - PFS

2201 United Overseas Bank (Malaysia) Bhd; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Benefits offered by this job

Equal opportunity employer

Job summary

2201 United Overseas Bank (Malaysia) Bhd is seeking a Compliance/AML analyst to review customer transactions, assess risk profiles, and perform KYC with full CDD for high and moderate risk clients in line with AML/CFT guidelines.

The role requires thorough documentation, attention to regulatory details, and collaboration with AML control teams to determine onboarding or exit decisions for customers.

Responsibilities

• Review and analyze customer transactions in detail to identify suspicious patterns or activities, to ensure accuracy, completeness, and compliance with regulatory requirements.
• Assess customer profiles and risk levels based on profiles and behaviours.
• To perform KYC review for high and moderate risk ranking customers with full CDD to prevent Money Laundering and the Financing of Terrorism which comply with Country Compliance and UOBM AML/CFT guidelines.
• Ensure the completeness of Customer Due Diligence information and risk grading is correctly tag to customer profile during reviews in accordance with UOBM’s Policies and Guidelines.
• Assess and validate the legitimacy of customers' source of wealth for high risk customers, ensuring documentation is complete and aligned with AML risk standards.
• Engage with PFS-AML Control to obtain final concurrence on relationship outcomes (retain or exit), and execute necessary actions based on the approved recommendations.
• Undertake any other tasks or responsibilities assigned from time to time, in alignment with team and organizational priorities.

Job description

Company: 2201 United Overseas Bank (Malaysia) Bhd

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

• Review and analyze customer transactions in detailed to identify suspicious patterns or activities, to ensure accuracy, completeness, and compliance with regulatory requirements.
• Assess customer profiles and risk levels based on profiles and behaviours.
• To perform KYC review for high and moderate risk ranking customers with full CDD to prevent Money Laundering and the Financing of Terrorism which comply with Country Compliance and UOBM AML/CFT guidelines.
• Ensure the completeness of Customer Due Diligence information and risk grading is correctly tag to customer profile during reviews in accordance with UOBM’s Policies and Guidelines.
• Assess and validate the legitimacy of customers' source of wealth for high risk customers, ensuring documentation is complete and aligned with AML risk standards.
• Engage with PFS-AML Control to obtain final concurrence on relationship outcomes (retain or exit), and execute necessary actions based on the approved recommendations.
• Undertake any other tasks or responsibilities assigned from time to time, in alignment with team and organizational priorities.

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.

We value our people and invest in them as we look to fulfil our purpose of building the future of ASEAN. We seek to create a collaborative and progressive environment for them to succeed in their careers for the long term. Explore career opportunities with us today.

UOB is rated as one of the world's top banks, ranked 'Aa1' by Moody's Investors Service and 'AA-' by both S&P Global and Fitch Ratings. With a global network of 500 branches and offices across 19 countries in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and offices throughout the region.

Career Site: UOB Career site