Senior Sanctions Policy & Advisory Lead

UOB; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

United Overseas Bank Ltd is seeking an experienced AML Sanctions Policy professional in Singapore to advise on sanctions controls, develop procedures, and ensure compliance with domestic and international laws. You will collaborate with Compliance, AML, & Control teams to mitigate regulatory risk and ensure effective sanctions governance.

The role requires 7+ years in AML/ sanction compliance, strong analytical skills, and the ability to work under pressure in a fast-paced banking environment.

Qualifications

• Degree or professional qualification in business or banking/financial services related areas.
• At least 7 years of relevant work experience preferably in AML/CFT/Sanction compliance function.
• A team player, strong interpersonal, communication and presentation skills; must have a go getter mindset.
• Good knowledge/understanding of banking and financial services laws & regulations, compliance best practices and understanding of financial products & systems
• Ability to work effectively, under pressure, in a rapid changing environment, as well as autonomously and as an effective member of a dynamic team
• Possesses good analytical and problem-solving skills
• Able to work on multiple assignments
• Self-driven, meticulous and able to operate expeditiously

Responsibilities

• As the subject matter expert, this individual will provide advice/collaborate with Business and AML Business Compliance officers in the development of Sanctions controls, processes and procedures to ensure risks are effectively identified and mitigated.
• Reviews and contributes to the maintenance of Group Sanctions policies and procedures to ensure its effectiveness and relevancy to laws, regulations and best practices.
• Provide consistent advice, interpretation and implementation of Group Sanctions procedure.
• Provide key updates on Sanctions related matters to the respective business forums and committees.
• Work alongside Business and Business Compliance Officer in the management of Sanctions controls and risk
• Monitors development on related Sanctions laws, regulations and risk trends
• Handles internal and external audits and reviews.
• Provide support and participate in Sanctions/regulatory-related projects.
• Provide Sanctions view in relation to name and transaction screening.
• Partake in policy decision on list management, screening approaches and like.
• Any other support as required by the Head of Sanctions Policy, Advisory and Training from time to time.

Skills

AML compliance

Sanctions knowledge

Regulatory understanding

Analytical thinking

Communication skills

Education

Bachelor's degree in business or finance

Job description

United Overseas Bank Ltd is seeking an experienced AML Sanctions Policy professional in Singapore to advise on sanctions controls, develop procedures, and ensure compliance with domestic and international laws. You will collaborate with Compliance, AML, & Control teams to mitigate regulatory risk and ensure effective sanctions governance.

The role requires 7+ years in AML/ sanction compliance, strong analytical skills, and the ability to work under pressure in a fast-paced banking environment.