AML/CFT and Sanction Advisor

United Overseas Bank (Malaysia) Bhd; Kuala Lumpur; On-site; MYR 80,000 - 100,000; Full time

Job summary

A leading bank in Asia is seeking an experienced professional for an AML/CFT compliance role. The candidate will implement anti-money laundering policies and provide advisory on compliance matters. Requires a graduate or post-graduate degree and at least 5 years of experience in financial crime compliance. Strong analytical and problem-solving skills are crucial. This position offers a dynamic work environment and the chance to be part of a committed team.

Qualifications

• At least 5 years of overall experience in financial crime compliance or intelligence.
• Exposure to Compliance and risk management with understanding in AML/CFT.
• Ability to manage multiple priorities and tasks effectively.

Responsibilities

• Provide AML/CFT/Sanction advisory to Business/Supporting Unit.
• Assess and provide clearance on High Risk Customers during onboarding.
• Manage and respond to AML/CFT enquiries from correspondent banks.

Skills

General financial crime compliance

Analytical skills

Problem-solving capabilities

Team player

Education

Graduate or Post Graduate in a numerate or research discipline

Job description

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.

Job Description

The position reports directly to the Team Lead, AML/CFT Policy, Advisory and Sanctions and the incumbent is assist the Team Lead in the implementation of UOBM’s Anti‑Money Laundering, Counter‑Financing of Terrorism (AML/CFT) and Sanction Compliance framework, charter, policies, standards, programs, initiatives and activities in line with UOB Group’s strategic direction, regulatory and global standards to ensure compliance with applicable local and Group’s AML/CFT laws, rules, regulations and guidelines. The role involves providing advisory on the AML/CFT policy requirements to relevant stakeholders and providing clearance of the day to day operations of AML/CFT related matters escalated to Compliance.

• AML/CFT/Sanction advisory to Business / Supporting Unit on policy and guidelines requirements
• Customer due diligence advisory and clearance and recommendation: on‑boarding and continuous monitoring in accordance with the policies and procedures requirements
• To assess 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 Political Exposed Persons/Corporations (PEP/PEC) during on‑boarding or ongoing due diligence review, etc for retail and corporate segments
• To manage and respond to AML/CFT enquiries received from correspondent banks

Job Requirements

• Professionally qualified – Graduate or Post Graduate in a numerate or research discipline
• At least 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 understanding in AML/CFT
• Ability to manage multiple priorities and tasks with the skills to adapt to changes, strong analytical, and problem‑solving capabilities
• Able to work both independently with strong presence as a team‑player

Additional Requirements

• Be a Part of the 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.

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