Senior Office, Transactions Monitoring Team, Group Compliance

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

Job summary

1011 United Overseas Bank Ltd in Singapore is hiring an AML Investigator to review alerts from transaction monitoring systems, assess potential suspicious activity, and prepare regulatory reports in line with Group standards.

You will provide advisories to business units, analyze patterns to identify risk trends, and help strengthen the bank's AML/CFT controls. The role emphasizes thorough documentation, collaboration across teams, and adherence to regulatory requirements.

Qualifications

• Minimum 3 years of experience in intelligence/investigation related work.
• Strong knowledge of banking and financial services laws and regulations.
• Excellent analytical and problem-solving skills.

Responsibilities

• Review alerts triggered by AML transaction monitoring systems and escalations from business/support units.
• Prepare and submit suspicious activity/transactions reports to local authorities or FIUs in accordance with AML/CFT requirements and Group standards.
• Provide advisories to business/support units on matters from reviews and investigations.
• Analyze suspicious activity/transaction reports to identify AML/CFT risk trends and strengthen controls.
• Ensure proper documentation and record-keeping of reviews and cases.
• Support to strengthen the transaction surveillance and intelligence operating framework across the Group.
• Perform ad-hoc duties as assigned.

Skills

AML investigations

Intelligence analysis

Regulatory compliance

Stakeholder communication

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

Job 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.
• Other ad-hoc duties as assigned

Job Requirements

Minimum 3 years of experience in intelligence/investigation related work 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

Develop, Engage, Execute, Strategise

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.