FVP, Team Lead, AML Investigations

United Overseas Bank; Kuala Lumpur; On-site; MYR 150,000 - 200,000; Full time

Job summary

A leading financial institution in Kuala Lumpur is seeking an experienced individual to lead its Anti Financial Crime team. Responsibilities cover managing investigations, ensuring compliance, and maintaining crucial relationships with Law Enforcement Agencies. The ideal candidate will have 12 to 15 years of experience in financial crime, with excellent leadership and communication skills. The company promotes a diverse environment and equal opportunity for all applicants.

Qualifications

• 12 to 15 years of experience in financial crime or intelligence.
• Deep understanding of Compliance and risk management.
• Excellent communication in written and spoken skills.

Responsibilities

• Perform investigations on potential money laundering incidents.
• Manage relationships with Law Enforcement Agencies.
• Ensure timely reporting of identified risks.

Skills

Leadership Skills

Communication Skills

Problem-Solving

Stakeholder Management

Education

Graduate or Post Graduate in a numerate or research discipline

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

The position reports directly to the Head of Anti Financial Crime (AFC), Compliance and the incumbent is responsible for the operations and managing a sizeable team for Investigation and Intelligence (I&I) team in AFC. This position is to assist the Head of AFC to oversee the teams under I&I i.e Specialised Investigation Team (SIT), Transaction Surveillance Team (TST), AFC Intelligence and Process & Governance. This includes managing the operations of TST and SIT to ensure the productivity and quality of the reviews carried out by the analysts. Additionally, to manage the end to end of I&I, identification of any emerging risks, new typologies and work closely with the Compliance Analytics and Insights (CAI) team around data analytics. This position is also crucial in managing the expectation of the regulator in suspicious transaction reporting, managing Law Enforcement Agencies and Private Public Partnership (PPP).

Key roles and responsibilities include:

• Performing the investigation and assessing alerts pertaining to potential money laundering and other predicate offences:
• Ensure potential money laundering and counter financing of terrorism risks that have been obtained are timely executed and efficiently reported.
• Managing the Law Enforcement Agencies Orders and Request and to ensure positive relationships with the Agencies are maintained.
• As a liaison AML Officer for Financial Intelligence and Enforcement Department's (FIED) FINS Reporting System relating to STR and CTR.
• Manage all aspects of Quality Assurance (QA) and determine the error risk.
• Governance and Regulatory Reporting.

Job Requirements

• Professionally qualified - Graduate or Post Graduate in a numerate or research discipline.
• Minimum of 12 to 15 years of overall experience with experience general financial crime (fraud / sanctions/ anti money laundering) or intelligence experience.
• Exposure to Compliance and risk management with deep understanding in AFC will be an added advantage.
• Excellent in Business Intelligence / Financial Crime Intelligence / Corporate Intelligence / Forensic.
• Possesses effective leadership, good communication and strategic planning skills to facilitate team work.
• Professional, highly adept at problem-solving, conflict resolution and negotiation.
• Excellent stakeholder management skills.
• Excellent written and spoken communication skills.
• Independent worker with strong presence as a team-player.

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.