Mgr/AVP , Source of Wealth (SOW) Checker, Middle Office Anti Money Launderin Controls, Group Re[...]

United Overseas Bank; Singapore; On-site; SGD 50,000 - 90,000; Full time

Job summary

Join an established industry player as a Manager/AVP in the Middle Office Anti Money Laundering Controls team. This role offers the opportunity to ensure compliance with KYC reviews, assess AML/CFT risks, and guide team members in delivering high-quality reviews. You will play a crucial part in maintaining the integrity of banking operations while promoting healthy investment practices. With a commitment to equal opportunity and a supportive environment, this position is ideal for self-motivated individuals looking to make a significant impact in the banking sector.

Qualifications

• Minimum 3 years of experience in AML/KYC within the banking sector.
• Strong communication and interpersonal skills are essential.

Responsibilities

• Ensure KYC reviews comply with bank policies and procedures.
• Assess customer's AML/CFT risk and recommend actions.

Skills

AML/KYC Experience

Communication Skills

Interpersonal Skills

Team Player

Education

Degree in Business or related field

Job description

Mgr/AVP, Source of Wealth (SOW) Checker, Middle Office Anti Money Laundering Controls, Group Retail

This role is based at Raffles (City Area), SG, 048624, and is with 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 across Asia Pacific, Europe, and North America. Headquartered in Singapore, UOB has a history spanning over 80 years, guided by values of Honorable, Enterprising, United, and Committed. We aim to do what is right, build for the future, work as one team, and pursue long-term success.

About the Department

The Retail function provides Personal and Business Banking customers with tailored financial solutions, including deposit, insurance, loans, and wealth advisory services. Our focus is on promoting healthy saving and investment practices across generations.

Job Responsibilities

1. Ensure all KYC reviews comply with bank policies, procedures, and controls.
2. Assess customer's AML/CFT risk and recommend mitigation actions.
3. Follow up promptly with front liners on updated KYC information for AML reviews.
4. Guide and review team members' KYC reviews to ensure quality.
5. Maintain proper documentation and records of reviews.
6. Assess transaction reports for money laundering risks and make recommendations.
7. Evaluate adverse news for materiality.

Job Requirements

1. Degree in any discipline, preferably Business.
2. At least 3 years of AML/KYC experience in banking.
3. Excellent communication skills, both written and spoken.
4. Good interpersonal skills and ability to engage with multiple parties.
5. Self-motivated team player.

Join UOB Family

UOB is an equal opportunity employer. We do not discriminate based on age, race, gender, religion, sexual orientation, disability, or other non-merit factors. Please inform us if you need accommodations during the recruitment process.

Apply now and make a difference.

Core Competencies

1. Strategise
2. Engage
3. Execute
4. Develop
5. Skills
6. Experience

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