Manager, Transactions Surveillance | Singapore, SG

United Overseas Bank; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

Join a forward-thinking banking institution as a Manager in Transactions Surveillance. In this vital role, you will ensure compliance with AML regulations by reviewing alerts, preparing reports, and advising on transaction monitoring. Your expertise will help strengthen the bank's compliance culture and operational framework. If you have a passion for investigation and a strong understanding of financial regulations, this is an excellent opportunity to make a significant impact in a dynamic environment. Be part of a team that values integrity and commitment while working towards long-term success.

Qualifications

• Minimum 3 years experience in intelligence/investigation related work.
• Strong understanding of banking laws and compliance best practices.

Responsibilities

• Review alerts from AML transaction monitoring systems per Group standards.
• Prepare suspicious transaction reports for local authorities.

Skills

Interpersonal Skills

Communication Skills

Analytical Skills

Problem-Solving Skills

Job description

Manager, Transactions Surveillance

Posting Date: 3 Apr 2025

Location:
Singapore, SG

Company: 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.

About the Department
The Compliance function is a strategic partner and a trusted business enabler to the Board and senior management. It is our responsibility to ensure that the Group continuously fulfils its regulatory obligations in today's tight and dynamic regulatory landscape. To do that, we work closely with internal stakeholders to identify and to assess regulatory risks. This collaboration also includes developing practical solutions that integrate regulations into operational requirements as well as actively shaping and promoting stronger compliance culture and literacy in the Bank.

Job Responsibilities

1. Ensure the review of the alerts triggered by (i) Group approved AML transaction monitoring system(s), (ii) escalations on unusual AML/CFT activities from business/support units and (iii) cases arising from other relevant sources (e.g. adverse news reported in media), are performed in accordance with Group standards.
2. Prepare and submit suspicious transaction/activity reports to the relevant local law enforcement authorities or Financial Intelligence Units in accordance with AML/CFT legislative and regulatory requirements as well as Group standards.
3. Provide relevant advisory to business/support units and other AML/CFT teams on matters relating to transaction monitoring review and investigation conducted by the unit.
4. Perform analysis of suspicious transaction/activity reports to identify AML/CFT risk trends to support the AML/CFT risk management and controls within the Group.
5. Maintain proper documentation and record keeping of review and investigation cases performed in accordance with Group standards.
6. Provide support to strengthen the transaction surveillance and investigation operating framework and procedures across the Group.

Job Requirements

1. Minimum 3 years experience in intelligence/investigation related work.
2. Good knowledge/understanding of banking and financial services laws and regulations, compliance best practices and understanding of financial products and systems.
3. Strong interpersonal, communication and presentation skills.
4. Experience in intelligence/investigation-related work.
5. Excellent analytical and problem-solving skills.

Be a part of 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.

Apply now and make a difference.