VP, Anti-Financial Crimes & Anti-Money Landering Advisory (Group Retail), Group

United Overseas Bank Limited (UOB); Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

Join a forward-thinking financial institution as a VP in Anti-Financial Crimes and Anti-Money Laundering Advisory. This pivotal role involves supporting compliance initiatives, reviewing high-risk banking cases, and ensuring effective AML controls. You will collaborate with various teams to develop robust processes and maintain compliance with evolving regulations. With a focus on risk management and expert advisory, this position is ideal for those with a strong background in AML/CFT compliance and a passion for making a significant impact in the financial sector. Embrace this opportunity to advance your career in a dynamic environment.

Qualifications

• 7+ years of experience in AML/CFT/Sanctions compliance within banking.
• Strong analytical and problem-solving skills in a dynamic environment.

Responsibilities

• Support compliance agenda and review high-risk customer cases.
• Provide expert advice on AML controls and monitor regulatory developments.

Skills

AML/CFT Compliance

Risk Management

Research Skills

Interpersonal Skills

Analytical Skills

Problem-Solving Skills

Education

Degree in Business

Professional Qualification in Banking

Tools

Online Research Tools

Job description

VP, Anti-Financial Crimes & Anti-Money Laundering Advisory (Group Retail), Group Compliance

Posting Date: 1 May 2025

Location: Raffles (City Area), SG, 048624

Company: United Overseas Bank Ltd

Job Responsibilities

The successful candidate will be part of the Group Compliance, AML Advisory (Group Retail) team. Key responsibilities include:

1. Supporting the Team Lead in delivering and supporting the compliance agenda and work program.
2. Reviewing high-risk retail and private banking customer cases, including escalated cases due to STRs, trigger events, or ad hoc requests, and highlighting ML/TF concerns to the Business.
3. Providing expert advice and collaborating with Business and Risk Management to develop and review AML controls, processes, and procedures to mitigate risks.
4. Maintaining and reviewing Group AML/CFT policies and procedures to ensure they remain effective and compliant with laws and best practices.
5. Offering SME advice on AML/CFT procedures, including interpretation and pragmatic, risk-based implementation.
6. Updating relevant forums and committees on AML/CFT matters.
7. Monitoring developments in AML/CFT laws, regulations, and risk trends.
8. Handling requests from MAS, audits, and other assurance activities.
9. Supporting AML/regulatory projects and other duties as assigned by the Team Lead.

Job Requirements

The ideal candidate will have:

1. A degree or professional qualification in business, banking, or financial services.
2. At least 7 years of relevant experience, preferably in AML/CFT/Sanctions compliance within private or retail banking.
3. Strong research skills, including experience with online research tools and databases.
4. The ability to work effectively under pressure in a dynamic environment, independently and as part of a team.
5. Excellent interpersonal, analytical, and problem-solving skills.
6. A professional AML-related certification.