VP of AML Compliance - United Overseas Bank

United Overseas Bank Limited (UOB); Singapore; On-site; SGD 120,000 - 150,000; Full time

Job summary

A leading financial institution in Singapore is seeking a Vice President for AML in Group Retail. This role involves managing review processes to ensure compliance with AML policies while leading a team to maintain high-quality standards. The ideal candidate has over 8 years of experience in finance, particularly in risk and governance, and possesses strong stakeholder management skills.

Qualifications

• At least 8 years of direct experience in the financial industry, preferably in risk and compliance.
• Domain knowledge in AML and Sanctions, with an ability to articulate strategies effectively.

Responsibilities

• Manage the review process of trigger reviews of the GR portfolio per AML and regulatory policies.
• Guide and manage the team ensuring high quality of review documentation.
• Coordinate with stakeholders for conducting trigger reviews.

Skills

Risk management

Governance

Compliance

Stakeholder management

Attention to detail

Job description

Overview

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

Vice President, AML (Group Retail)

Responsibilities

• Manage the review process of trigger reviews of GR portfolio in line with Bank's AML and regulatory policies.
• Escalate concerns relating to trigger review process and gaps.
• Manage a team to ensure trigger reviews are completed within SLA.
• Guide and manage the team to ensure high quality standards of review write-up including SOW, transaction activity reviews, trigger reasons and risk assessment.
• Provide guidance to team members on review requirements with Bank's AML/KYC policy and procedures, taking into consideration changes to Bank's policies and procedruees, regulatory developments and best practices.
• Coordinate and assist with preparation of any periodic, regular and accurate reports to management.
• To support the Bank's audit, quality review and remediation efforts.
• Work and communicate effectively with relevant stakeholders for conducting trigger reviews.

Job Qualifications

• At least 8 years of direct experience in the financial industry, preferably risk, governance and compliance related functions
• Domain knowledge in AML and Sanctions (other Fin. Crime and Conduct risks are a plus)
• Strong organization skills with excellent attention to detail
• Senior stakeholder management, the ability to build constructive partnerships with diverse stakeholders and challenge where required
• Able to create and articulate plan, action, solution and strategy well through Power Point or presentation mode
• Demonstrates in-depth technical capabilities and professional knowledge in related fields

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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