Enhanced Client Review - AVP

UOB; Singapore; On-site; SGD 70,000 - 110,000; Full time

Job summary

1011 United Overseas Bank Ltd is seeking an AML/KYC Compliance Specialist in Singapore to perform enhanced due diligence, review high-risk accounts, and ensure proper escalation with Group Compliance.

You will collaborate with front office, support ongoing monitoring projects, and contribute to risk reporting while upholding MAS and international AML standards.

Qualifications

• Bachelor’s degree in Finance & Banking or equivalent.
• Experience in AML/CFT standards and MAS 626 familiarity is preferred.
• 3–10 years hands-on AML experience in Private Banking or similar.

Responsibilities

• Clearance of system generated name screening alerts or manual screenings.
• Conduct AML preliminary checks for transfers to other banking segments.
• Perform enhanced due diligence and reviews for Grey List accounts and STR filings.
• Prepare submission of UAR to Group Compliance and liaise with stakeholders.
• Guide front office on KYC matters and handle escalations.
• Identify improvements and participate in AML projects.
• Produce management reporting and data analysis on key risk items.
• Ensure no repeat review findings by Compliance or Auditors.

Skills

AML

KYC

Due diligence

Data analysis

MS Office

Communication

Multitasking

Team player

Education

Bachelor’s degree in Finance & Banking

Tools

Excel

PowerPoint

Word

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

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

Additional Requirements

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.