AVP, Risk & Controls, AML Operations, Team Lead

United Overseas Bank Limited; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

United Overseas Bank Limited in Singapore seeks a seasoned AML/KYC Team Lead to oversee reviews of Retail Banking Individual customers, ensuring accuracy, timeliness, and regulatory compliance. You will guide the team, provide training, and collaborate with stakeholders on AML/CFT matters.

The role requires strong communication skills, 5+ years in AML/KYC, and leadership experience; ACAMS qualification is advantageous. Join a leading bank with a regional footprint and a focus on risk governance.

Qualifications

• Degree in Business, Finance, Accounting, Economics, Law, or related field.
• Minimum 5 years of AML/KYC experience in banking or financial services.
• Strong knowledge of AML/CFT regulations, sanctions, due diligence and SOW.
• Experience leading a team and driving performance.
• ACAMS certification or related AML qualifications is a plus.

Responsibilities

• Lead and supervise AML/KYC reviews for Retail Banking Individual customers.
• Review team's work for quality, consistency and compliance.
• Deliver training and coaching to strengthen capabilities.
• Partner with Business and Compliance on AML/CFT and SOW matters.

Skills

AML/KYC

Team leadership

Stakeholder management

Regulatory knowledge

Communication

Education

Degree in Business/Finance/Accounting/Law

Job description

Company: 1011 United Overseas Bank Ltd About UOB 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 Responsibilities

• Lead and supervise a team responsible for AML/KYC reviews of Retail Banking Individual customers, ensuring reviews are completed accurately, consistently, and within established timelines.
• Review team members' work and provide guidance to ensure quality, consistency, and compliance with regulatory requirements and internal policies.
• Deliver training, coaching, and knowledge-sharing sessions to strengthen team capabilities and promote consistent application of AML/KYC, and SOW standards.
• Partner with Business, Compliance, and other stakeholders on AML/CFT, KYC, and SOW-related matters, ensuring timely resolution of queries and information requests.
• Prepare management and operational reports, support regulatory and audit engagements, and contribute to process improvement initiatives and ad hoc projects.
• Maintain up-to-date knowledge of AML/CFT regulations, industry best practices, and internal policies.
• Oversee the team's execution of periodic and ad hoc AML reviews, including Source of Wealth (SOW) assessments.
• Review and assess customer profiles, transaction activities, and supporting documentation to identify potential AML/CFT, sanctions, reputational, and financial crime risks.
• Conduct and oversee research using internal and external sources to verify customers' source of wealth and support risk assessments.
• Identify and elevate suspicious activities, material discrepancies, and other risk indicators to relevant stakeholders for further review and action.
• Recommend appropriate account relationship outcomes, including continuation, referral, exclusion, or closure, based on risk assessment findings.

Qualifications and Experience

• Degree holder in any discipline, preferably in Business, Finance, Accounting, Economics, Law, or a related field.
• Minimum 5 years of relevant AML/KYC experience within the banking or financial services industry.
• Strong knowledge of AML/CFT regulations, sanctions requirements, customer due diligence, enhanced due diligence, and Source of Wealth assessments.
• Proven experience in conducting and reviewing AML investigations, KYC reviews, and customer risk assessments.
• Experience leading a team, with the ability to drive performance and maintain high quality standards.
• Excellent written and verbal communication skills, coupled with strong stakeholder management and interpersonal skills.
• Self-motivated, detail-oriented, and able to work effectively in a fast-paced environment.
• ACAMS certification or other relevant AML-related professional qualifications will be an advantage.

Additional Requirements

• Develop, Engage, Execute, Strategise
• 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.

UOB is rated as one of the world's top banks, ranked 'Aa1' by Moody's Investors Service and 'AA-' by both S&P Global and Fitch Ratings. With a global network of 500 branches and offices across 19 countries in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and offices throughout the region.

UOB Career site