AML Due Diligence Officer

UBS; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

UBS in Singapore seeks an AML due diligence officer to perform and report on AML controls for private banking clients, both new and existing, using manual and electronic methods. You will advise on due diligence, KYC standards, and local regulations, and support regulatory inspections.

You will review AML changes, assess impact on policies, stay updated on AML/CFT developments, and conduct investigations reporting suspicious activity to authorities.

Qualifications

• Bachelor’s or Master’s in banking or related field.
• Ideally 4 years of experience in private banking due diligence, compliance, controls or audit.
• Wealth management onboarding experience is desirable.
• Sound knowledge of AML/CFT laws and guidelines in Singapore.
• Chinese language skills are an advantage.

Responsibilities

• Perform and report on AML controls of new and existing private banking clients and ad-hoc reviews.
• Provide advice on due diligence, KYC standards, policies and local regulations.
• Prepare for and support regulatory inspections and audits.
• Review AML regulations and implement changes to ensure compliance.
• Monitor regulatory developments in AML/CFT and update policies accordingly.
• Carry out AML investigations and report suspicious transactions to local authorities.

Skills

AML due diligence

KYC compliance

Regulatory reporting

Analytical thinking

Effective communication

AI workflows awareness

Education

Bachelor’s degree in banking or related field

Master’s degree (preferred)

Tools

KYC systems

AML screening tools

Job description

Your role

Are you detail oriented with strong research capability? Do you have a strong sense of when things are not as they seem?

We’re looking for an AML due diligence officer to:

• perform and report on AML controls of new and existing private banking clients, as well as any other ad-hoc reviews through both manual and electronic means
• provide advice regarding due diligence, KYC standards, internal policies and local regulations
• prepare for and provide follow-up for regulatory inspection and audits
• review and identify changes in AML regulations, assessing potential impact on existing policies/procedures and implementing changes to ensure compliance
• keep on top of regulatory developments in the prevention of money laundering and terrorist financing activities
• carry out AML related investigations and report suspicious transactions to the local authorities

Job Type

Full Time

Job Reference #

337316BR

City

Singapore

Your team

You’ll be working in the Compliance and Operational Risk Control, Global Wealth Management Due Diligence Office & Politically Exposed Persons APAC (CORC GWM DDO & PEP) team in Singapore. We are comprised of both Due Diligence Officers (DDO) and our Periodic Know Your Client teams. We work as a gatekeeper in preventing money laundering, corruption and the financing of terrorism (AML/CFT). As an AML due diligence officer, you’ll play an important role in reviewing and approving new account openings.

Your expertise

• bachelor’s/master’s degree or equivalent in banking or a related field
• ideally 4 years of previous relevant experience in private banking due diligence, compliance, controls or audit
• previous work pertaining to wealth management onboarding
• sound practical knowledge of the relevant AML/CFT laws and guidelines in Singapore
• Chinese language skills are of advantage
• adaptable and organized with a positive can-do attitude
• clear and effective communicator, for report-write ups and providing advice
• You’re curious to explore how AI can improve how we build, deliver, and optimize workflows. You do this with sound judgment – validating outputs and aligning with policies, risk standards, and ethical use

About Us

UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe. We know that great work is never done alone. That’s why we place collaboration at the heart of everything we do. Because together, we’re more than ourselves.

Join us

At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We’re dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. And we use artificial intelligence (AI) to work smarter and more efficiently. We also recognize that great work is never done alone. Because we’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.

Disclaimer / Policy statements

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.