VP, AFC Financial Institutions Group

UOB; Selayang Municipal Council; On-site; MYR 60,000 - 80,000; Full time

Job summary

Join a leading bank's innovation hub in Malaysia as a KYC Manager, overseeing compliance with AML regulations. You'll manage customer onboarding and collaborate with stakeholders to enhance operational efficiency. This role offers career growth in a dynamic environment focused on delivering trusted financial solutions.

Qualifications

• Proven track record in KYC and financial crimes risks.
• Experience in analyzing AML CDD issues.
• Leadership experience in managing teams.

Responsibilities

• Manage KYC and CDD requirements in customer onboarding.
• Support AML CDD strategic program for Corporates & Investment Banking.
• Ensure compliance with regulatory requirements.

Skills

Leadership

Risk Management

Analytical Skills

Influencing Skills

Education

AML Certification

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, which defines our unique culture and belief system, anchored on our values of being Honourable, Enterprising, United, and Committed, and 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. Started in 2021 with technology application design, development, and support, InnoHub2 is expanding beyond technology services to deliver other business services to support the Bank’s growth ambition. We are looking for talented and motivated individuals to be part of the pioneer team spearheading the development and delivery of the 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 purposeful about delivering trusted financial solutions that enable business growth. An exciting career progression with varied opportunities awaits you at IH2. Come grow your career with us.

Job Description

This role requires the incumbent to manage and oversee KYC and CDD requirements in customer onboarding and periodic reviews, with a key focus on ensuring compliance with regulatory requirements to address AML / CFT & Sanctions concerns. Customer segments include Wholesale Banking Corporate and Investment Banking segment customers in Singapore.

The primary responsibilities of the incumbent are:

1. Support the Head AFC Ops (COE) in taking ownership, accountability, and execution of the overall AML CDD strategic program for the Corporates & Investment Banking segment.
2. Review and work with key stakeholders to enhance work processes for operational efficiency, ensuring consistent interpretation and implementation of Group Compliance AML/CFT policies and framework.
3. Revise and update local SOP and workflow processes for operational efficiency and effectiveness.
4. Provide timely management reporting and conduct AFC-related training to the team.
5. Highlight potential concerns/risks and proactively share best risk management practices.
6. Ensure SLAs supported by the teams are met.
7. Check and sign off complex and high-risk customer due diligence profiles for all jurisdictions.
8. Collaborate with Head AFC Ops (COE) and Group AFC Ops to manage queries during audits for favorable review outcomes.
9. Oversee and manage the KYC teams performing CDD fulfillment to meet Bank and Regulatory requirements throughout the customer lifecycle.
10. Focus on procedures and processes to enable the KYC teams to achieve monthly satisfactory scores for Key Operational Risk Indicator (KORI) metrics.
11. Provide oversight to ensure alignment of management responsibilities and principles for effective risk and controls across teams and with Group AFC Ops.
12. Manage business efficiency of Overseas Branch Entities via centralization platform, ensuring policies and standards are regularly reviewed and updated.
13. Maintain the Swift KYC Registry for Bank’s counterparties by uploading Bank’s information and responding to RFIs from counterparties.
14. Support Group AFC Ops in FACTCA and CRS reporting matters.

Requirements

• A proven track record in risk and regulatory matters related to KYC and financial crimes risks, ensuring customer due diligence is performed properly, with a thoughtful approach rather than a mere tick-box exercise.
• Experience in analyzing and quantifying complex strategic issues related to AML CDD, transactions, and activities surveillance.
• Proven leadership and supervisory experience in managing people and relationships, with the ability to develop, coach, and grow teams.
• Ability to advise senior stakeholders confidently, with the knowledge and stature to handle customer due diligence requirements effectively.
• Strong influencing skills to align behaviors with the Bank’s commitment against financial crimes, maintaining high integrity and balancing commercial objectives with prudent judgment.
• Certification as an AML specialist (e.g., CAMS or Diploma in AML) from a recognized institution is advantageous.