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
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.
About the department
UOB Innovation Hub 2 (InnoHub2) is a UOB-wholly owned subsidiary and a Centre of Excellence based in Malaysia, providing Group Business Services (GBS) to support the UOB Group. Started in 2021 with technology application design, development and support, InnoHub2 is expanding beyond technology services to deliver other business services to support the Bank’s growth ambition. We are looking for talented and motivated individuals to be part of the pioneer team spearheading the development and delivery of the new services.
As part of the InnoHub2 team, you will have the opportunity to work on Group initiatives and gain regional business exposure. We are dynamic, passionate and purposeful about delivering trusted financial solutions that enables business growth. An exciting career progression with varied opportunities awaits you at IH2. Come grow your career with us.
UOB Group Wholesale Banking helps companies and institutions optimize their business operations and cash flow, manage risks, expand into new markets, and manage their capital needs by providing tailored financial solutions, services, and sector insights.
We help develop trusted relationships and partnerships by focusing on our clients’ long-term interests and helping them to meet their strategic objectives. Our unique combination of local, in-country presence and expertise, astute Asian market insights and regional network connectivity enables us to help unlock Asia’s potential for our clients.
Job Summary**
The Assistant Vice President (AVP), Wholesale AFC - BB AML/KYC, will be responsible for overseeing and enhancing Anti-Money Laundering (AML) and Know Your Customer (KYC) processes within the Wholesale Banking division, ensuring compliance with regulatory requirements and internal policies for business banking clients.
Job Responsibilities**
* Develop, implement, and maintain robust AML/KYC policies, procedures, and controls specific to the Wholesale Banking business banking segment.
* Conduct thorough reviews and analysis of client onboarding and periodic review cases, ensuring adherence to regulatory standards and identifying potential financial crime risks.
* Oversee and manage a team of AML/KYC analysts, providing guidance, training, and performance management.
* Act as a subject matter expert for AML/KYC matters, providing advice and support to front office teams and other stakeholders.
* Collaborate with various internal departments, including Compliance, Legal, and Operations, to ensure a cohesive approach to financial crime risk management.
* Lead or participate in projects related to AML/KYC system enhancements, process improvements, and new regulatory requirements.
* Prepare and present reports on AML/KYC performance, risks, and issues to senior management and relevant committees.
* Stay updated on evolving AML/CFT regulations, industry best practices, and emerging financial crime typologies.
* Manage regulatory inquiries and internal audit reviews related to AML/KYC within the Wholesale Banking BB portfolio.
Job Qualifications**
* Bachelor's degree in Finance, Business Administration, Law, or a related field. Professional certifications such as ACAMS, ICA, or equivalent are highly preferred.
* Minimum of 8-10 years of experience in financial crime compliance, with a strong focus on AML/KYC within the wholesale or corporate banking sector, specifically with business banking clients.
* In-depth knowledge of AML/CFT laws, regulations, and guidelines (e.g., FATF recommendations, local regulatory requirements).
* Proven experience in managing and leading a team of AML/KYC professionals.
* Excellent analytical, problem-solving, and decision-making skills, with a keen eye for detail.
* Strong communication and interpersonal skills, with the ability to articulate complex issues clearly and concisely to diverse audiences.
* Ability to work independently and collaboratively in a fast-paced, dynamic environment.
* Proficiency in using AML/KYC systems and tools.
* Strong understanding of banking products and services relevant to business banking.
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.
Apply now and make a Difference
Skills Required
- Bachelor's degree in Finance, Business Administration, Law, or a related field
- Professional certification such as ACAMS, ICA, or equivalent
- 8–10 years of financial crime compliance experience focused on AML/KYC in wholesale or corporate banking, particularly business banking clients
- In-depth knowledge of AML/CFT laws, regulations, FATF recommendations, and local regulatory requirements
- Experience managing and leading AML/KYC professionals
- Excellent analytical, problem-solving, decision-making, and detail-oriented skills
- Strong communication and interpersonal skills, including the ability to explain complex issues clearly
- Ability to work independently and collaboratively in a fast-paced environment
- Proficiency with AML/KYC systems and tools
- Strong understanding of banking products and services relevant to business banking
What We Do
We’re here to do Right By You. At UOB, we aspire to build a better future for the people and businesses in the region. Through our extensive network and suite of capabilities, we offer financial solutions to the people and businesses within, and connecting with ASEAN. We create solutions tailored to your unique needs through data and relationship-led insights. Our comprehensive regional network and one-bank approach connects your business to new opportunities in ASEAN. We help businesses to advance responsibly and guide personal wealth to grow sustainably. We foster inclusiveness and environmental well-being for stronger societies. This is how we stay committed to forging a sustainable future for generations to come. Note: For the terms of use of our LinkedIn channel, please visit: https://go.uob.com/socialmedia
