Senior Officer, Transaction Surveillance Team

1011 United Overseas Bank Ltd; Singapore; On-site; SGD 65,000 - 90,000; Full time

Benefits offered by this job

Equal opportunity employer

Job summary

1011 United Overseas Bank Ltd (UOB) is a leading bank in ASEAN with a global network and a strong focus on AML/CFT compliance. The role involves reviewing AML alerts, submitting reports to authorities, and providing advisories to business units.

Candidates should have at least 3 years in intelligence/investigation and solid knowledge of banking regulations. The position requires analytical thinking, strong communication and presentation skills, and experience with transaction monitoring reviews.

Qualifications

• Minimum 3 years of intelligence/investigation experience.
• Knowledge of banking/financial services laws and AML regulations.
• Strong interpersonal, communication and presentation skills.
• Experience with transaction monitoring reviews.

Responsibilities

• Review alerts from AML transaction monitoring systems in line with Group standards.
• Prepare and submit suspicious activity/transactions reports to authorities.
• Provide advisories to business units on AML/CFT matters.
• Analyze SARs to identify AML/CFT risk trends and strengthen controls.
• Document reviews and investigations per Group standards.
• Support transaction surveillance framework and procedures across the Group.
• Undertake other ad-hoc duties as assigned.

Skills

AML monitoring

Intelligence analysis

Analytical thinking

Communication skills

Presentation skills

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 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, 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.

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