AVP, Business Risk & Control Manager (Kuala Lumpur)

United Overseas Bank (Malaysia) Bhd; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

United Overseas Bank (Malaysia) Bhd is seeking an AML/KYC professional to oversee the account opening process and ensure AML/CFT compliance. You will assess customer risk, escalate high-risk cases, and collaborate with stakeholders to strengthen onboarding controls and governance.

The role includes producing analyses, dashboards, and training materials to support regulatory initiatives. Based in Malaysia, you will contribute to a robust risk management framework and ongoing process improvements

Qualifications

• Experience overseeing AML/KYC processes and onboarding controls.
• Knowledge of sanctions and financial crime risk indicators.
• Ability to interpret regulatory guidance and apply it to onboarding.

Responsibilities

• Provide oversight of the Account Opening function to ensure AML/CFT compliance.
• Review risk assessments related to customer profiles and ownership.
• Escalate high-risk, complex onboarding cases for decision-making.
• Partner with stakeholders to strengthen onboarding controls and policies.
• Prepare management information, dashboards and training materials.

Skills

AML/KYC

Regulatory compliance

Risk assessment

Governance

Stakeholder management

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

• Provide oversight of the Account Opening function to ensure compliance with AML/CFT, sanctions, and regulatory requirements.
• Provide governance oversight, advisory support, and policy guidance on customer onboarding, due diligence requirements, and regulatory interpretation matters.
• Review and challenge risk assessments relating to customer profiles, beneficial ownership, source of wealth, source of funds, and other financial crime risk indicators.
• Act as the key escalation point for high-risk, complex, and exceptional customer onboarding cases.
• Partner with multiple key stakeholders to enhance onboarding controls, resolve issues, and mitigate financial crime risks.
• Escalate material issues, exceptions, and potential financial crime concerns for further review and decision-making.
• Maintain clear, accurate, and well-supported documentation of review outcomes, risk assessments, and rationale.
• Drive the implementation and enhancement of AML/KYC policies, procedures, controls, governance frameworks, and regulatory initiatives.
• Perform thematic reviews, quality assurance assessments, control testing, gap analysis, remediation exercises, and special reviews to strengthen risk management practices.
• Prepare management information, dashboards, reports, training materials, and presentations while supporting strategic projects, process improvements, operating model enhancements, and other initiatives to improve operational effectiveness.
• Undertake ad hoc assignments, projects, and initiatives as assigned in support of business, regulatory, risk management, and governance objectives.

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.

United Overseas Bank ("UOB") was incorporated on 6 August 1935 as the United Chinese Bank. Founded by Datuk Wee Kheng Chiang, the Bank catered mainly to the Fujian community in its early years. The change of name was effected in 1965. Over the past 76 years, UOB has grown from strength to strength. Through a series of acquisitions, it is now a leading bank in Asia. Besides Far Eastern Bank in Singapore, UOB’s major banking subsidiaries in the region are United Overseas Bank (Malaysia), United Overseas Bank (Thai), PT Bank UOB Buana and United Overseas Bank (China). Today, the UOB Group has a network of over 500 offices in 19 countries and territories in Asia Pacific, Western Europe and North America.

UOB (Malaysia) offers an extensive range of commercial and personal financial services through its branches, subsidiaries and associate companies: commercial lending, investment banking, treasury services, trade services, cash management, home loans, credit cards, wealth management, general insurance and life assurance.

United Overseas Bank ("UOB") was incorporated on 6 August 1935 as the United Chinese Bank. Founded by Datuk Wee Kheng Chiang, the Bank catered mainly to the Fujian community in its early years. The change of name was effected in 1965. Over the past 76 years, UOB has grown from strength to strength. Through a series of acquisitions, it is now a leading bank in Asia. Besides Far Eastern Bank in Singapore, UOB’s major banking subsidiaries in the region are United Overseas Bank (Malaysia), United Overseas Bank (Thai), PT Bank UOB Buana and United Overseas Bank (China). Today, the UOB Group has a network of over 500 offices in 19 countries and territories in Asia Pacific, Western Europe and North America.

UOB (Malaysia) offers an extensive range of commercial and personal financial services through its branches, subsidiaries and associate companies: commercial lending, investment banking, treasury services, trade services, cash management, home loans, credit cards, wealth management, general insurance and life assurance.

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