Senior AML/CFT & Sanctions Compliance Advisor

2201 United Overseas Bank (Malaysia) Bhd; Kuala Lumpur; On-site; MYR 90,000 - 130,000; Full time

Job summary

2201 United Overseas Bank (Malaysia) Bhd is seeking an AML/CFT Compliance professional to support the Team Lead in implementing the bank's AML/CFT and sanctions framework in line with regulatory standards.

The role includes advising on policy requirements, clearing day-to-day AML/CFT matters, and ensuring governance through accurate reporting and system maintenance. Strong analytical and stakeholder management skills are essential.

Qualifications

• Graduate or Postgraduate in a numerate or research discipline.
• 3-5 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.
• Possesses Business Intelligence / Financial Crime Intelligence / Corporate Intelligence / Forensic.
• Professional, highly adept at problem-solving, conflict resolution and negotiation.
• Excellent stakeholder management skills.
• Excellent written and spoken communication skills.
• Able to work independently as well as in a team.

Responsibilities

• Policy Formulation Review and map AML/CFT/Sanction policy against Group and regulatory requirements to ensure full implementation
• Enhance UOBM AML/CFT Guidelines in accordance to Policy and regulatory expectations
• Oversight on BSU AML/CFT procedures to be in compliance with policy and regulatory requirements
• Provide clarity to BSU to meet AML/CFT/ Sanction expectations and requirements
• Advisory AML/CFT/Sanction advisory to BSU on policy and guidelines requirements
• Customer due diligence advisory and clearance and recommendation: onboarding and continuous monitoring
• Trade sanction monitoring and clearance including database management and filtration criteria
• AML/CFT risk exposure assessment for new product onboarding and new regulatory requirements affecting existing products including annual review
• Governance Provide accurate and timely reporting for senior management.
• Maintenance of AML/CFT System management and internal database.
• Day-to-Day Clearance of AML/CFT Cases To assess the Customer Relationship Review and provide AML/CFT consent for request/action plan submitted by BU/ SU due to adverse media, restricted relationships or questionable activities on their customers.
• To assess and provide clearance on High Risk Customers and PEP/PEC during onboarding or ongoing due diligence review, etc.
• Sanctions To assess and provide clearance for transactions involving sanctioned entities or countries based on applicable sanction laws (i.e. OFAC, EU, UN etc.).
• To keep abreast of the latest sanctions trends and provide updates to BSU on changes to sanctions requirements and ensure implementation.

Job description

2201 United Overseas Bank (Malaysia) Bhd is seeking an AML/CFT Compliance professional to support the Team Lead in implementing the bank's AML/CFT and sanctions framework in line with regulatory standards.

The role includes advising on policy requirements, clearing day-to-day AML/CFT matters, and ensuring governance through accurate reporting and system maintenance. Strong analytical and stakeholder management skills are essential.