Source of Wealth & AML Due Diligence Analyst

UNITED OVERSEAS BANK LIMITED; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

United Overseas Bank Limited is seeking an AML Ops - Source of Wealth Preparer in Singapore. You will conduct in-depth research to document wealth for high-risk customers, verify legitimacy, and prepare robust SOW reports for regulatory and internal use.

Collaborating with Relationship Managers and Compliance, you will identify red flags and maintain detailed records. The role requires a strong eye for detail, solid analytical ability, and awareness of evolving AML requirements.

Qualifications

• Bachelor's degree in Finance, Economics, Accounting, Law, Criminal Justice or related field.
• 1–3 years of AML operations, financial crime compliance or due diligence in financial services.
• Strong understanding of AML regs, including CDD/EDD and Source of Wealth requirements.
• Proven ability to conduct thorough research and synthesize data into reports.
• Excellent written and verbal communication; articulate complex concepts clearly.
• High attention to detail and accuracy in all work.
• Proficiency in using research tools and financial databases.
• Ability to work independently and in a team in a fast-paced environment.
• CAMS or AML certifications are a plus.

Responsibilities

• Conduct in-depth research from internal/external sources to identify and verify source of wealth for designated customers.
• Analyze financial information, business structures, and documents to narrate wealth accumulation.
• Prepare comprehensive Source of Wealth (SOW) reports with accuracy and templates.
• Collaborate with Relationship Managers, Compliance Officers and stakeholders to gather information.
• Identify red flags or inconsistencies and escalate to relevant teams.
• Maintain meticulous records of research and documentation per policies and regulations.
• Stay updated on evolving AML regulations and best practices; participate in training.
• Contribute to process improvements within AML Operations.

Skills

Communication

Attention to detail

Analytical thinking

Research tools

Financial databases

Education

Bachelor's degree in Finance, Economics, Accounting, Law, Criminal Justice, or related field

Tools

Regulatory databases

Open-source intelligence tools

Job description

United Overseas Bank Limited is seeking an AML Ops - Source of Wealth Preparer in Singapore. You will conduct in-depth research to document wealth for high-risk customers, verify legitimacy, and prepare robust SOW reports for regulatory and internal use.

Collaborating with Relationship Managers and Compliance, you will identify red flags and maintain detailed records. The role requires a strong eye for detail, solid analytical ability, and awareness of evolving AML requirements.