VP, Anti Money Laundering Lead, Retail COO - United Overseas Bank

United Overseas Bank Limited (UOB); Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading bank in Asia is seeking a professional to lead a team of AML Analysts in Singapore. Responsibilities include conducting enhanced customer due diligence, ensuring compliance with KYC and AML regulations, and providing training to team members. This is an opportunity to grow in a diverse work environment where dedication to compliance and risk awareness are paramount.

Qualifications

• Experience leading a team in AML investigations.
• Ability to conduct enhanced customer due diligence.
• Knowledge of bank policies and procedures.

Responsibilities

• Lead a team of AML Analysts in investigations.
• Ensure compliance with AML policies.
• Provide training to team members.

Skills

Knowledge/experience/certification in KYC/AML/CFT regulations

Risk awareness

Training and guidance skills

Effective communication

Job description

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 Description

• Lead a team of AML Analysts to conduct enhanced customer due diligence on customers with AML trigger events


• Lead ad-hoc projects and support UAT for system rollout


• Knowledge/experience/certification in KYC/AML/CFT regulations


• Ensure all reviews related activities carried out adhere to the bank's policies and procedures.


• Ensures strong first Line of Defence risk awareness, control ownership including periodic assessment and timeliness and quality control review.


• Checker to review team members' reviews to ensure the quality of the reviews.


• Provide training and guidance on review related matters to the team members.


• Communicate effectively with relevant stakeholders for the purpose of conducting AML investigations.


• Manage and liaise to respond to escalated review enquires or complaints that may originate from internal and external stakeholders on client's profile.


• Liaison person between Business unit and Compliance on All AML/CFT and sanctions Matters.


• Liaison person to respond to queries from auditors and local authorities in relation to KYC/AML matters.


• Implement and maintain an effective operational risk management approach in Group Retail investigation matters.


• Execute and support UOB Compliance program in rolling out various investigation activities and changes.


• Identify opportunities for process streamlining.


• Lead ad hoc projects.

Job Requirements

• Lead a team of AML Analysts to conduct enhanced customer due diligence on customers with AML trigger events


• Lead ad-hoc projects and support UAT for system rollout


• Knowledge/experience/certification in KYC/AML/CFT regulations


• Ensure all reviews related activities carried out adhere to the bank's policies and procedures.


• Ensures strong first Line of Defence risk awareness, control ownership including periodic assessment and timeliness and quality control review.


• Checker to review team members' reviews to ensure the quality of the reviews.


• Provide training and guidance on review related matters to the team members.


• Communicate effectively with relevant stakeholders for the purpose of conducting AML investigations.


• Manage and liaise to respond to escalated review enquires or complaints that may originate from internal and external stakeholders on client's profile.


• Liaison person between Business unit and Compliance on All AML/CFT and sanctions Matters.


• Liaison person to respond to queries from auditors and local authorities in relation to KYC/AML matters.


• Implement and maintain an effective operational risk management approach in Group Retail investigation matters.


• Execute and support UOB Compliance program in rolling out various investigation activities and changes.


• Identify opportunities for process streamlining.


• Lead ad hoc projects.

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.

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