KYC Analyst, Business Compliance & Governance - Commercial Banking

United Overseas Bank; Kuala Lumpur; On-site; MYR 60,000 - 80,000; Full time

Job summary

A leading bank offers an exciting opportunity for a KYC Analyst in Kuala Lumpur. The role focuses on reviewing customer relationships, verifying documents, and analyzing risks to ensure compliance with regulations. Join a team dedicated to maintaining high standards in financial compliance and making a positive impact in the banking sector.

Qualifications

• Degree holder with proficiency in English.
• 2-3 years of experience in KYC, AML/CFT.
• Resourceful, meticulous, and fast learner.

Responsibilities

• Review customer relations and verify document validity.
• Assess risks and compliance issues for customers.
• Assist with efforts to counter money laundering.

Skills

Analytical skills

Problem-solving

Interpersonal skills

Education

Recognised degree

Job description

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KYC Analyst, Business Compliance & Governance - Commercial Banking

Location:

Kuala Lumpur (City Area), MY, 50350

Company: 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.

About the Department

The Wholesale Bank function operates a dynamic business model that provides financial services and solutions to help our clients achieve their strategic business objectives. Our mission is to become the premier-provider of banking services and solutions for Asia-based commercial banking companies (small medium enterprises), large corporations, financial institutions as well as multinational corporations. Our coverage teams work in full alignment with specialised teams across Transaction Banking, Investment Banking, Global Markets and Group Retail to deliver seamless solutions to our clients.

Job Responsibilities

• Reviewing customer relationships and verifying the validity of documents
• Assessing risks and compliance issues associated with customers or products
• Studying market trends and evaluating customers behaviour
• Assisting efforts aimed at Countering of Money Laundering and Terrorist Financing as well as other illicit financial activities
• Compiling accurate and up-to-date customer information against the Bank’s database
• Leveraging insights from customer behavioural research to improve customer’s experience
• Liaising with management to ensure compliance with internal policies and external regulations
• Preparing Questionable Activity Reporting (QARs) when necessary
• Reporting accounts with high risk or missing documentation to relevant unit
• Performing complex data analysis to aid decision making for risk ranking
• Reviewing customer accounts for instances of suspicious financial transactions
• Conduct reviews and disposing of alerts generated from screening
• Reaching out to customers to obtain relevant documentations

Job Requirements

• Recognised degree and with good command in English
• At least 2-3 years of relevant working experience in KYC, AML/CFT area
• Resourceful and meticulous with strong analytical and problem-solving skills
• Self-driven and a team player with strong interpersonal skills
• Committed and fast learner

Be a part of 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.