Enhanced Client Review - AVP

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

Job summary

1011 United Overseas Bank Ltd is seeking an AML professional for the Private Bank AML team. The role focuses on name screening, due diligence, and SAR/UAR processes to ensure regulatory alignment. You will work with relationship managers and compliance to mitigate AML/CFT risks and support ongoing reviews.

The candidate should have 3–10 years of AML experience in private banking, a Finance/Banking degree, and strong MS Office skills. MAS 626 familiarity is valued for this position.

Qualifications

• Bachelor's degree in Finance & Banking or equivalent fields.
• At least 3–10 years of hands-on AML field experience in Private Banking or related areas.
• Familiarity with MAS 626 or other international AML/CFT standards.

Responsibilities

• Clear system generated name screening alerts or manual screenings.
• Perform AML preliminary checks for transfer of clients to other banking segments.
• Conduct enhanced due diligence and transactions review for Grey List accounts and STR filings.
• Prepare submission of UAR to Group Compliance.
• Collaborate with front office on KYC matters and provide guidance to stakeholders.

Skills

Multitasking

Organisational skills

Attention to detail

Communication skills

Team player

Education

Bachelor's degree in Finance & Banking or equivalent

Tools

Microsoft Office

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 Description

The Private Bank Enhanced Client Review (ECR) Team is a sub team of the UOB Private Bank Client Onboarding & Review Team, which is part of the Private Bank COO Office. Members of the ECR team perform various roles post client onboarding, these include transactions review as part of periodic client reviews, investigations, watch list and grey list management, UAR filing, post-STR account management, name screening and client segment transfers. The team plays an important role to ensure the clients' profile and the account activities remain consistent with the purpose of a Private Banking relationship, as well as conforming to the regulatory requirements and compliance expectations with respect to the Private Banking AML business risk appetite. The ECR Team also provides guidance and partners the client facing teams to mitigate the potential AML/CFT risks as part of aforementioned responsibilities.

Responsibilities - Clearance of system generated name screening alerts or manual screenings - Conduct AML preliminary checks for transfer of clients to other banking segments - Perform enhanced due diligence and transactions review of Grey List accounts, accounts filed with STR and any ad-hoc reviews. Ensure appropriate level of due diligence is completed and the nature/conduct of high risk client relationship is appropriate, flagging any issues with relationship manager, Group Compliance and Senior Management when necessary. - Prepare submission of UAR to Group Compliance - Partner to the front office on KYC related matters and to provide prompt, concise guidance to stakeholders and handle escalations expeditiously - To proactively identify areas of improvement and suggest viable solutions - To participate in AML related projects as a content provider or a stakeholder - To perform management reporting and data analysis on key operational risk items - To ensure no repeat review findings by Business Compliance, Group Compliance, Internal or External Auditors.

- Ability to multitask and manage a high number of priorities in a fast-paced environment Strong organisational skills with excellent attention to detail - Able to deliver the solution in an effective and timely manner - Able to apply lateral thinking when analyzing issues or solving problems, experience in research & analysis of data and documents - Good verbal and written communication skills, hands on and versatile - An expert in the use of Microsoft Office applications (i.e. Excel, Powerpoint, Word) - Team player, self-motivated and diligent towards attaining goals - At least 3 - 10 years of hands on experience in the AML field (client onboarding review, ongoing periodic client review, transactions monitoring) in a Private Bank and must be familiar with the MAS 626 requirements or other international AML/CFT standards - Bachelor's degree in any Finance & Banking or equivalent fields

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.