Manager, Investigations - Transactions Surveillance Team

1011 United Overseas Bank Ltd; Singapore; On-site; SGD 90,000 - 120,000; Full time

Benefits offered by this job

Be a Part of the UOB Family

Equal opportunity employer

Job summary

United Overseas Bank Limited (UOB) is seeking an Anti-Financial Crime – Investigation and Intelligence professional to review alerts from AML monitoring systems, assess suspicious activities and coordinate with stakeholders. You will support the Team Lead in building a robust surveillance framework and ensure timely reporting to authorities.

Working in the AFC-I&I group, you will contribute to the Bank's regulatory compliance, risk management, and fraud prevention efforts across the customer

Qualifications

• Minimum 3 years of experience in intelligence/investigation.
• Good knowledge of banking and financial services laws/regulations.
• Strong interpersonal, communication and presentation skills.
• Experience intelligence/investigation-related work.
• Excellent analytical and problem-solving abilities.

Responsibilities

• Review alerts from AML transaction monitoring systems in a timely manner.
• Escalate suspicious AML/CFT activities per regulatory requirements.
• Prepare and submit SARs to law enforcement or Financial Intelligence Units.
• Support Team Lead in strengthening the transaction surveillance framework.
• Provide advisories to business units on AML/CFT matters.
• Document and record-keep reviews and investigations per Group standards.

Job description

Company: 1011 United Overseas Bank Ltd About UOB United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values – Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.

Job Description Anti-Financial Crime – Investigation and Intelligence

is responsible to (a) investigate into cases arising from designated AFC surveillance solutions, at the instruction of relevant senior(s), and from other approved channel(s); (b) receive, retrieve, process and make sense of information and intelligence for AFC purpose; and (c) own policies, procedures, guidelines, processes and controls to ensure that the above operate at an adequate level as prescribed by the Bank. A key objective of AFC I&I is to drive an effective framework for the Bank to identify and investigate into complex, unusually large or unusual patterns of transactions and/or behaviors. It is responsible for discharging regulatory requirement on the Bank to disclose suspicious behavior, and to work with relevant stakeholders on risk management, at both customer, portfolio and Bank level as a result of its outputs and relevant environmental scanning.

Job Description

To ensure timely review of alerts from Group approved AML transaction monitoring system(s), escalations on suspicious AML/CFT activities from business/support units and cases arising from other relevant sources (e.g adverse news in media). To ensure timely submission of suspicious activity/transactions reports to the relevant law enforcement authorities or Financial Intelligence Units as required by the AML/CFT legislative and regulatory requirements. To support the Team Lead of Transaction Surveillance Team in continuously strengthening and developing the transaction surveillance and intelligence framework within the UOB Group. To provide relevant and emerging AML/CFT risk issues from analysis of suspicious activity/transactions reports submitted.

Key Responsibilities

• Ensure reviews into the alerts triggered by Group approved AML transaction monitoring system(s), escalations on suspicious AML/CFT activities from business/support units and cases arising from other relevant sources (e.g adverse news in media) are in accordance to Group standards.
• Prepare and submit suspicious activity/transactions reports to the relevant local law enforcement authorities or Financial Intelligence Units in accordance to AML/CFT legislative and regulatory requirements and Group standards.
• Provide relevant advisories to business/support units and other AML/CFT teams on matters arising from reviews and investigations conducted by the unit.
• Perform analysis of suspicious activity/transaction reports to identify AML/CFT risk trends to support appropriate actions to strengthen AML/CFT controls in the Group.
• Ensure proper documentation and record keeping of reviews and investigation cases in accordance to Group standards.
• Provide inputs and support to strengthen the transaction surveillance and intelligence operating framework and procedures across the Group.

Job Requirements

• Minimum 3 years of experience in intelligence/investigation related work, preferably with prior experience in handling transaction monitoring reviews of client accounts.
• Good knowledge/understanding of banking and financial services laws and regulations, compliance best practices and understanding of financial products and systems.
• Strong Interpersonal, communication and presentation skills.
• Experience intelligence/investigation-related work.
• Excellent analytical and problem-solving skills.

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.

and make a Difference Together, Let’s Build the Future of ASEAN We value our people and invest in them as we look to fulfil our purpose of building the future of ASEAN. We seek to create a collaborative and progressive environment for them to succeed in their careers for the long term.

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.

Career Site: UOB Career site