VP, Financial Institutions Group KYC

UOB; Kuala Lumpur; On-site; MYR 50,000 - 80,000; Full time

Job summary

United Overseas Bank is seeking a KYC Specialist to support its AML & KYC Team. The ideal candidate will manage customer due diligence processes and ensure compliance with regulations while contributing to the support of various business segments in the wholesale banking area. A detail-oriented individual with strong communication skills is essential for this role.

Qualifications

• Detail-oriented and able to work independently.
• Prior experience in KYC roles preferred.
• Strong knowledge of MAS 626 and AML/CFT regulations.

Responsibilities

• Conducting customer due diligence (CDD) and preparing necessary documentation.
• Liaising with relationship managers for required documentation.
• Ensuring ongoing CDD reviews meet internal policies.

Skills

Attention to detail

Communication

Problem solving

Excel proficiency

Education

Tertiary education or above

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. Our people philosophy is based on Care, Growth, and Trust.

About the department

UOB Innovation Hub 2 (InnoHub2) is a 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 ambitions. We are looking for talented and motivated individuals to join our pioneer team, leading the development and delivery of 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

The Financial Institutions Group manages UOB relationships with Financial Institutions operating in Asia and globally. We are a client origination segment within Group Wholesale Banking responsible for managing the holistic relationships of:

• Banks
• NBFIs
• Global Funds & Financial Sponsors

Through understanding our clients' needs and working closely with our product partners, GFIG establishes and distributes the bank’s global credit limits to expand our strategic business reach.

Job Responsibilities

The selected candidate will be assigned to the AML & KYC Team, responsible for ensuring that the customer due diligence (CDD) program—including customer identification and verification (ID&V), KYC, and AML principles—is in place. The team supports various business segments within Group Wholesale Banking, including Corporates and Financial Institutions, in performing CDD reviews, meeting regulatory requirements, and supporting business growth.

The role entails:

• Preparing documentation and conducting CDD in a timely manner
• Liaising with RMs regarding required documentation
• Ensuring ongoing CDD reviews are conducted according to internal processes and policies
• Maintaining data accuracy in systems and documentation
• Extracting data from worksheets and reports for distribution to relevant Business segments for follow-up
• Assisting Business Units in responding to CDD inquiries from authorities or correspondent banks regarding client profiles
• Performing screening assessments and escalating material hits for further clearance
• Supporting the Team Leader with regular statistics and presentations for Senior Management
• Participating in ad-hoc assignments and projects, such as audits or user acceptance testing
• Providing advisory support to Business Units on CDD-related matters

Requirements

The ideal candidate should possess the following qualities:

• Tertiary education or above
• Prior experience in KYC roles is advantageous
• Detail-oriented with the ability to think flexibly and independently to resolve problems
• Strong knowledge of MAS 626 regulations and AML/CFT and Sanctions requirements
• Emotionally mature with good communication skills to interact independently with stakeholders
• Proficient in Excel functions such as VLOOKUP, PivotTables, and chart generation
• Attentive to detail and interested in developing a career as a KYC specialist