KYC Analyst

2201 United Overseas Bank (Malaysia) Bhd; Kuala Lumpur; On-site; MYR 60,000 - 100,000; Full time

Job summary

2201 United Overseas Bank (Malaysia) Bhd is seeking a KYC Analyst to perform Know Your Customer checks and ensure AML/CFT compliance for corporate clients in Malaysia. You will collect documents, provide guidance to relationship managers, and escalate issues to Country Compliance as needed.

You will review CDD and ongoing reviews, ensure timely NRD updates, and support project/remediation work under the CFS-AML/CFT function.

Qualifications

• Experience performing KYC to ensure completeness and compliance with AML/CFT requirements.

Responsibilities

• Perform KYC to ensure completeness and in compliance UOBM’s AML/CFT requirement upon obtaining required documents from customers.
• Contact and follow up with corporate clients to obtain required documents as and when necessary.
• Provide advisory to BU/RM in completing their Know Your Customer / Customer Due Diligence and on information to obtain from customers to ascertain if an activity is suspicious.
• Assist in the escalation of AML/CFT and Sanctions related issues to Country Compliance.
• Review and perform quality assurance checks on KYC / CDD and on-going reviews.
• Ensure Scheduled Ongoing Review (OGR) is completed within timeline and there are no overdue reviews.
• Ensure CDD KYC for NTB and ETB customers is completed within tight deadline with accurate assessment.
• Obtain appropriate approvals for any exceptions or deferment as stipulated in AML/CFT guidelines.
• Perform monthly reporting as required by Group CFS, Group/Country Compliance and/or others.
• Assist on other tasks such as project and remediation as assigned by Head of CFS-AML/CFT.

Skills

KYC knowledge

AML/CFT familiarity

Stakeholder communication

Job description

Company: 2201 United Overseas Bank (Malaysia) Bhd About UOB United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values – Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.

Job Description

• Perform KYC to ensure completeness and in compliance UOBM’s AML/CFT require‑ment upon obtaining required documents from customers.
• Contact and follow up with corporate clients to obtain required documents as and when necessary.
• Provide advisory to BU/RM in completing their Know Your Customer / Customer Due Diligence and on information to obtain from customers to ascertain if an activity, e.g. wire payment, is suspicious.
• Assist in the escalation of Anti-Money Laundering (AML)/Countering of Terrorist Funding (CFT) and Sanctions related issues to Country Compliance.
• Review and perform quality assurance checks on Know Your Customer / Customer Due Diligence and on-going reviews completed by BU/RM.
• To ensure Scheduled Ongoing Review (OGR) is completed within timeline and ensur‑ing that there are no overdue in review.
• To ensure CDD KYC for New-To-Bank (NTB) and Existing-To-Bank (ETB) customers is completed within tight deadline with accurate assessment.
• To ensure appropriate approvals are to be obtained for any exceptions or deferment as stipulated in UOBM’s AML/CFT guidelines.
• To perform monthly reporting as and when required by Group Client Fulfi llment & Services (CFS), Group/Country Compliance and/or any other parties.
• Upon KYC completion, request to be sent to GCIF team to update Next Review Date (NRD), risk rating & archiving of all related KYC documents into EWF system.
• Assist on others tasks such as project and remediation as assigned by Head of CFS-AML/CFT where required.

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.

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.

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