Anti Money Laundering-Jobs in Vereinigte Arabische Emirate

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

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.

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.