Senior Officer, Transactions Surveillance Team, Group Compliance

1011 United Overseas Bank Ltd; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

1011 United Overseas Bank Ltd in Singapore seeks an experienced AML/Investigation professional to review alerts from transaction monitoring systems and escalate as needed. You will prepare reports for authorities and provide AML advisories to business units.

The role requires strong analytical and interpersonal skills, along with knowledge of banking regulations and risk controls. Join a leading Asia-Pacific bank with a global network and diverse teams.

Qualifications

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

Responsibilities

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

Skills

Interpersonal skills

Communication skills

Presentation skills

Analytical skills

Problem-solving

AML regulatory knowledge

Job description

Company

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 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

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 Overview

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

Career Site: UOB Career site