AVP, Transaction Surveillance Analyst, Compliance

2201 United Overseas Bank (Malaysia) Bhd; Kuala Lumpur; On-site; MYR 90,000 - 150,000; Full time

Job summary

2201 United Overseas Bank (Malaysia) Bhd is seeking an experienced AML/CFT professional to join the Transaction Surveillance Team in Kuala Lumpur. The role focuses on reviewing and investigating financial crime risks and ensuring regulatory compliance.

You will coordinate with branches and units, prepare investigation reports, submit to authorities, and mentor analysts to maintain quality and SLAs. Candidates should have 7+ years in financial crime compliance or intelligence.

Qualifications

• Graduate or post graduate in a numerate or research discipline.
• At least 7 years of experience in financial crime compliance or intelligence.
• Deep understanding of AML/CFT and related regulatory requirements.

Responsibilities

• Review and investigate cases pertaining to financial crime risk.
• Review and investigate cases triggering system alerts, escalations, or law enforcement orders.
• Communicate with branches and units to gather information for decisions.
• Prepare investigation reports and maintain documentation.
• Submit investigations to the national financial intelligence unit and ensure filings.
• Maintain timely reporting of AML/CFT risks and ensure quality of team outputs.
• Review QARs to determine reporting merit.
• Support process improvements and mentor analysts to meet SLAs.

Skills

Investigation

Financial Crime

Stakeholder management

Communication skills

Teamwork

Independent work

Education

Graduate or Post Graduate in numerate/research discipline

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

1. Primary Accountabilities

The position reports directly to the Team Lead, AML/CFT Transaction Surveillance Team. The incumbent is responsible to mitigate potential financial crime risks that poses to the Bank according to the regulations and internal policies. The incumbent’s major job functions include:

• Review and investigate cases pertaining to financial crime risk
• Review and investigate cases triggered by system, internal escalations, law enforcement agencies’ orders etc. to identify potential money laundering/terrorism financing or other unusual account activities
• Effective communication with branch/business unit/support unit to collate information in support of decision making
• Prepare investigation report and maintain proper documentation/records
• Submission of investigation report to the national financial intelligence unit
• Ensure potential money laundering and counter financing of terrorism risks that have been obtained are timely executed and efficiently reported
• To review and evaluate all Questionable Activity Report (QAR). To determine on whether QAR has merit and should be reported to Financial Intelligence and Enforcement Department, Bank Negara Malaysia or not.
• Submit STR within the agreed timeline to Financial Intelligence and Enforcement Department, Bank Negara Malaysia and ensure proper filings are in compliance with the Bank’s standard requirement.

• Quality Assurance
• Ensuring the team’s overall Quality is up to standard
• Effective communication with analyst on errors and follow up rectification
• Conduct Training/sharing session and highlight significant issues, gaps and typologies
• Supporting Team Lead on team monitoring
• Managing/mentoring the analysts by ensuring they are meeting productivity and quality
• Ensuring the overall team’s SLA are not breached
• Assist on process enhancement/improvements to ensure team can work on an uptimum level

2. Span of Control of the job

N/A

Common job contacts

• External Clients: Financial Intelligence and Enforcement Department, Bank Negara Malaysia; Banking Supervision Department, Bank Negara Malaysia.
• Internal Clients: UOBM’s Branches, Business and Support Units (e.g. Business Compliance Officers, Regulatory Assurance Officer, Relationship Manager, Branches, T&O) Group Compliance

Minimum Knowledge requirement for the job

Professionally qualified – Graduate or Post Graduate in a numerate or research discipline. At least 7 years of overall experience with experience general financial crime compliance (fraud / sanctions/ anti money laundering) or intelligence experience. Exposure to Compliance and risk management with deep understanding in AML/CFT will be an added advantage

Core Competencies

Possesses Business Intelligence / Financial Crime Intelligence / Corporate Intelligence / Forensic. Professional, highly adept at investigation. Excellent stakeholder management skills. Excellent written and spoken communication skills. Able to work independently as well as in a team.

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.

Career Site

Career Site: UOB Career site

Bank Rating and Network

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.