Assistant VP, Anti Financial Crime Assurance, Business Risk and Controls Management

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

• Be familiar with the Group AML/CFT procedures and regulatory requirement
• Provide control and quality testing on critical functions and key AML/CFT/Sanctions/Fraud policies procedures, guidelines
• Proficient in using Data Analytics in the testing to be more effective and comprehensive
• Continuously design and update test scenarios to keep up with emergent trends
• Timely execution of monthly assurance test,and present results meaningfully to stakeholders
• Translate test results to learning
• Proactively suggest suitable and relevant operational advisory to business units for key processes such as customer on-boarding and retention of customer relationships
• Identify regulatory risk and on AML/CFT requirements to assess impact on business segments and escalate any potential risk signals
• Assist business units to operationalize and develop processes and controls to manage risks
• Review new business initiatives for compliance to AML/CFT governance requirements
• Conduct investigation into suspected ML/TF activities

• Review audit findings from internal & external reviews to assess adequacy of controls and facilitate formulation of corrective actions.
• Participate in strategic AML projects and initiatives to advise on AML controls

• Facilitate the gathering and provision of data/information to Management oversight
• Conduct Compliance Training to raise staff awareness on AML/CFT controls, trends and typologies
• Prepare regular management reports to raise their awareness on the risk areas and exposure

Requirements

• Bachelor’s Degree in Business Management or related fields
• Working knowledge of MAS 626 Regulations and Guidelines
• Relevant 5 or more years of experience in AML/CFT/Sanctions or relevant Audit or Regulatory experience
• ACAMs certification and prior experience in AML system and process design is preferred
• Resourceful, meticulous, analytical with strong interpersonal and communication skills
• Proficient in Microsoft office suite of applications
• Use of analytical tools such as Power BI, Qilkview is an advantage 

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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