Senior Officer, Account Closure

UOB; Selayang Municipal Council; On-site; MYR 30,000 - 60,000; Full time

Job summary

Join a forward-thinking bank as part of a pioneering team at a Centre of Excellence in Malaysia. This role offers the chance to engage in Anti-Financial Crime investigations, ensuring compliance with AML and KYC regulations. You'll manage processes for account closures while working closely with stakeholders to maintain high standards of documentation and reporting. With a commitment to your growth and development, this innovative firm provides a dynamic environment where your contributions can make a real difference. If you are self-motivated and eager to learn, this is the perfect opportunity to advance your career.

Qualifications

• 1-2 years of experience in AML compliance or investigation.
• Familiarity with KYC screening tools preferred.

Responsibilities

• Manage end-to-end processes for Account Closure due to AML exits.
• Communicate effectively with stakeholders during the Account Closure process.

Skills

AML compliance

KYC regulations

Analytical skills

Communication skills

Attention to detail

Education

Bachelor's degree in relevant disciplines

Tools

Detica

Refinitiv

MS Office

Job description

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of around 500 offices in 19 countries and territories across Asia Pacific, Europe, and North America. UOB's purpose is to build the future of ASEAN. Our purpose guides The UOB Way—defining our unique culture and belief system, anchored on our values of being Honourable, Enterprising, United, and Committed, along with our people philosophy of Care, Growth, and Trust.

About The Department

UOB Innovation Hub 2 (InnoHub2) is a UOB-wholly owned subsidiary and a Centre of Excellence based in Malaysia, providing Group Business Services (GBS) to support the UOB Group. Established in 2021, initially focusing on technology application design, development, and support, InnoHub2 is expanding to deliver additional business services to support the Bank’s growth ambitions. We are seeking talented and motivated individuals to join our pioneering team leading the development and delivery of these new services.

As part of the InnoHub2 team, you will have the opportunity to work on Group initiatives and gain regional business exposure. We are dynamic, passionate, and committed to delivering trusted financial solutions that enable business growth. An exciting career progression with diverse opportunities awaits you at IH2. Join us to grow your career.

Job Responsibilities

Job Description Summary:

Anti-Financial Crime – Investigation and Intelligence is responsible for:

• Investigating cases from designated AFC surveillance solutions, following instructions from relevant senior(s) and other approved channels.
• Receiving, retrieving, processing, and analyzing information and intelligence for AFC purposes.
• Owning policies, procedures, guidelines, processes, and controls to ensure effective operation as prescribed by the Bank.

The key objective of AFC Investigation & Intelligence is to establish an effective framework for identifying and investigating complex, large, or unusual transaction patterns and behaviors. It also involves fulfilling regulatory requirements to disclose suspicious activities and collaborating with relevant stakeholders on risk management at various levels.

Job Description

• Manage end-to-end processes for Account Closure due to AML exits.
• Escalate concerns related to the Account Closure process and identify gaps.
• Ensure timely completion of Account Closures according to prescribed workflows and timelines.
• Communicate effectively with stakeholders during the Account Closure process.
• Support management with statistics reporting.

Key Responsibilities

• Ensure timely completion of tasks and accurate data entry into systems.
• Maintain proper documentation and record-keeping for Account Closures in line with Bank standards.
• Ensure all activities comply with established policies, procedures, and controls.
• Manage case flow to prevent overdue cases.

Job Requirements

• Minimum 1-2 years of experience in intelligence or investigation work within AML compliance in the financial industry. Fresh graduates with relevant disciplines are encouraged to apply.
• Knowledge of AML and KYC regulations, with familiarity with KYC screening tools such as Detica and Refinitiv preferred.
• Self-motivated with the ability to work independently with minimal supervision, demonstrating a sense of urgency and proactivity.
• Excellent communication skills, especially in writing.
• Curious and inquisitive mindset, proactive in thinking ahead.
• Ability to work independently and collaboratively in a team.
• Strong multitasking, analytical skills, and attention to detail.
• Proficient in MS Office applications.

Be a part of UOB Family

UOB is an equal opportunity employer. We do not discriminate based on age, race, gender, religion, sexual orientation, disability, or other non-merit factors. All employment decisions are based on business needs, job requirements, and candidate qualifications. If you need assistance or accommodations during the recruitment process, please inform us when applying.

Apply now and make a difference.