Senior Officer to Assistant VP, Financial Crime Investigator

United Overseas Bank Limited (UOB); Singapore; On-site; SGD 20,000 - 60,000; Full time

Job summary

A leading banking institution in Singapore is seeking a passionate individual to join their Financial Crime Investigations Team. The role requires an experienced professional with a graduate degree, at least 8 years in investigations or audit, and strong investigative skills. Responsibilities include conducting comprehensive reviews of corporate clients to identify financial crime risks, reviewing transactions, and liaising with stakeholders. The successful candidate will also participate in project work and IT initiatives related to investigations.

Qualifications

• At least 8 years of working experience in investigations or audit in banks.
• Familiar with financial crime red flags and relevant regulations.
• Experience managing a small team and mentoring staff.

Responsibilities

• Conduct investigations and reviews on corporate entities for financial crime risks.
• Review accounts and transactions for red flags related to financial crime.
• Compile and document findings on investigations.

Skills

Investigative mindset

Attention to details

Interpersonal skills

Communication skills

Ability to influence stakeholders

Education

Graduate degree in Accountancy, Banking, Economics or Law

Tools

MS Office Suite

Job description

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

Purpose

We are looking for a passionate and inquisitive individual to join our Financial Crime Investigations Team ("the Team") in Group Wholesale Banking's Anti-Financial Crime Controls. As an investigation specialist, you will assume responsibilities to conduct comprehensive reviews on corporate customers establish if they pose any financial crime risks to Bank.

Responsibilities

• Conduct investigation / reviews on corporate entities for financial crime risks in accordance with legal, regulatory, and internal policies.
• Review account / transactions to establish any red flags on financial crime risks.
• Independently liaise with internal stakeholders (e.g. Relationship Managers and Business Units) and Bank's customers to obtain clarification and corroboration on account / transactions.
• Compile and document case review findings and recommendations on appropriate account strategy to mitigate financial crime risks identified.
• Support Business Units to respond to financial crime related issues and queries from both internal and external stakeholders (including the authorities and correspondent banks).
• Ensure timely reporting and escalation of significant risk issues to management.
• Appraise management on investigations statistics and cases of interest.
• Actively participate in project work and IT initiatives (including actively participating in user acceptance testing) which relate to investigations to support BUs.

Job Requirements

The ideal candidate should possess the following qualities:

• Graduate Degree from a recognized university (preferably Accountancy, Banking, Economics or Law) or relevant professional qualification in financial services or audit.
• At least 8 years working experience in investigations and/or audit in Banks
• Strong investigative mindset and attention to details.
• Firm understanding of how Banks comply to MAS 626 Notice.
• Strong knowledge in business practices for SMEs, large corporations and financial institutions.
• In depth knowledge of financial crime red flags (including sanctions, tax evasion, misuse of legal persons, trade-based money laundering) and regulation.
• Familiar with various types of trade documents and INCOTERMS used in business.
• Experienced in managing a small team and mentoring staff.
• Team player with strong inter-personal and communication skills and ability to network, engage and influence business stakeholders independently.
• Excellent written report skills and skilled in MS office suites.

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.

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