VP/AVP, Source of Wealth(SOW)Reviewer, Middle Office Anti Money Laundering Controls, Group Retail

United Overseas Bank Ltd.; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

A leading bank in Asia seeks a VP/AVP, Source of Wealth (SOW) Reviewer to enhance their Middle Office Anti-Money Laundering Controls. The role involves KYC compliance, AML risk assessments, and collaboration with team members to ensure quality reviews, providing a dynamic opportunity for a self-motivated professional in the financial sector.

Qualifications

• Minimum of 5 years’ experience in AML/KYC within a bank.
• Excellent written and spoken communication skills.
• Self-motivated with strong interpersonal skills.

Responsibilities

• Ensure KYC reviews comply with bank policies and controls.
• Assess customer AML/CFT risk and recommend actions.
• Guide team members’ KYC reviews for quality assurance.

Skills

Communication

Interpersonal Skills

Team Player

Education

Degree in any discipline, preferably Business

Job description

Press Tab to Move to Skip to Content Link

Select how often (in days) to receive an alert:

VP/AVP, Source of Wealth (SOW) Reviewer, Middle Office Anti Money Laundering Controls, Group Retail

Location:

Singapore (City Area), SG, 048624

Company: United Overseas Bank Ltd

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 across 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, along with branches and offices. Our history spans over 80 years. Guided by our values – Honorable, Enterprising, United, and Committed – we strive to do what is right, build for the future, work as one team, and pursue long-term success. We are committed to serving our customers, colleagues, and stakeholders with integrity and dedication.

About the Department

The Retail function provides customers with tailored financial solutions. We assist them in managing their money wisely and achieving their financial goals through a wide range of products and services, including deposits, insurance, secured and unsecured loans, investment, and wealth advisory services.

Our goal is to empower customers with greater banking convenience and to promote healthy saving and investment practices across generations.

Job Responsibilities

• Ensure all KYC reviews are performed in compliance with the bank’s policies, procedures, and controls.
• Assess customer AML/CFT risk and recommend mitigation actions as needed.
• Follow up promptly with front liners/touchpoints regarding updates to customer KYC information for each AML review.
• Guide and review team members’ KYC reviews to ensure quality.
• Maintain proper documentation and record-keeping of reviews.
• Assess transaction reports for potential money laundering risks and recommend account relationship actions.
• Evaluate materiality of adverse news related to customers.

Job Requirements

• Degree in any discipline, preferably Business.
• Minimum of 5 years’ experience in AML/KYC within a bank.
• Excellent written and spoken communication skills.
• Strong interpersonal skills and ability to engage with multiple parties.
• Self-motivated team player.

Join the UOB Family

UOB is an equal opportunity employer. We do not discriminate based on age, race, gender, color, religion, sexual orientation, disability, or other non-merit factors. Employment decisions are based on business needs, job requirements, and qualifications. If you need assistance or accommodations during the recruitment process, please inform us when applying.