VP , Source of Wealth (SOW) Checker, Middle Office Anti Money Laundering Controls, Group Retail[...]

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

Job summary

Join a forward-thinking bank as a VP of Source of Wealth Checker in the Middle Office Anti Money Laundering Controls team. This role is pivotal in ensuring compliance with KYC reviews and assessing customer risk, contributing to the bank's commitment to integrity and excellence. With a focus on collaboration and quality assurance, you'll guide your team to uphold the highest standards in financial services. If you're a seasoned professional with a passion for compliance and risk management, this is your opportunity to make a significant impact in a leading financial institution.

Qualifications

• 10+ years of AML/KYC experience in banking.
• Strong communication and interpersonal skills.

Responsibilities

• Ensure KYC reviews comply with bank policies.
• Assess customer AML/CFT risk and recommend actions.
• Guide team members' KYC reviews for quality assurance.

Skills

AML/KYC compliance

Risk assessment

Communication skills

Interpersonal skills

Team collaboration

Education

Degree in Business or related field

Job description

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

This job posting is well-structured and provides comprehensive information about the role, company, department, responsibilities, requirements, and additional notes. However, it contains some repetitive elements and extraneous details that could be streamlined for clarity and focus.

To improve readability and professionalism, I suggest removing duplicate headers and redundant content such as the repeated job title at the beginning and the lengthy company overview that is partially cut off. The core responsibilities and requirements are clear and sufficient for the target audience.

Below is a refined version focusing on clarity and conciseness while maintaining all essential information:

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

Posting Date: 8 May 2025

Location: Raffles (City Area), SG, 048624

Company: United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of over 500 branches in 19 countries and territories across Asia Pacific, Europe, and North America. With a history spanning more than 80 years, UOB is guided by values of Honorable, Enterprising, United, and Committed, striving 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 deposits, insurance, loans, investment, and wealth advisory services.

Job Responsibilities

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

Job Requirements

• Degree in any discipline, preferably Business.
• Minimum 10 years of AML/KYC experience in a banking environment.
• Excellent written and spoken communication skills.
• Strong interpersonal skills and ability to engage multiple parties.
• Self-motivated team player.

Additional Information

UOB is an equal opportunity employer and does not discriminate based on age, race, gender, religion, sexual orientation, disability, or other non-merit factors. Applicants requiring accommodations should inform us during the application process.

Apply now and make a difference!

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