Assistant VP, Specialised Investigations Team Investigator

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

The Compliance function is a strategic partner and a trusted business enabler to the Board and senior management. It is our responsibility to ensure the Group continuously fulfils its regulatory obligations in today's tight and dynamic regulatory landscape. To do that, we work closely with internal stakeholders to identify and to assess regulatory risks. This collaboration also includes developing practical solutions that integrate regulations into operational requirements as well as actively shaping and promoting stronger compliance culture and literacy in the Bank.

Anti-Financial Crime – Investigation and Intelligence is responsible to (a) investigate into cases arising from designated AFC surveillance solutions, at the instruction of relevant senior(s), and from other approved channel(s); (b) receive, retrieve, process and make sense of information and intelligence for AFC purpose; and (c) own policies, procedures, guidelines, processes and controls to ensure that the above operate at an adequate level as prescribed by the Bank. 
 
A key objective of AFC I&I is to drive an effective framework for the Bank to identify and investigate into complex, unusually large or unusual patterns of transactions and/or behaviors. It is responsible for discharging regulatory requirement on the Bank to disclose suspicious behavior, and to work with relevant stakeholders on risk management, at both customer, portfolio and Bank level as a result of its outputs and relevant environmental scanning.

Job description

• Review and investigate complex cases arising from the Bank's various Anti-Financial Crime (AFC) surveillance sources / systems / models and liaise with the relevant stakeholders for necessary follow-up actions.
• Customise approach for assigned cases, extract relevant data / intelligence from various internal and external sources and conduct self-directed analysis.
• Follow-up with necessary points of contact to identity additional information to investigate cases.
• Assess the merits of consolidated evidence and formulate initial recommendations.
• Capture investigative findings in comprehensive, easy-to-digest documents and reports.
• As and when required, support the investigation / resolution / remediation of other cases or alerts which may arise from various internal or external surveillance systems / sources / models.
• Collate and provide feedback to the Analytics Team on the usefulness and effectiveness of Analytical model outputs as a model user and from the perspective of complex investigations.

Job Requirements

• Minimally 5 years of experience in an anti-financial crime role or in law enforcement, forensic accountancy, compliance, audit, or similar fields where investigative skills and approaches are employed
• Demonstrable experience in conducting self-directed analysis and investigative work
• Ability to exercise strong analytical and problem-solving skills, considerable intellectual curiosity, judgment and critical thinking in scenarios that are complex and highly sensitive
• Ability to work well as part of a large, high-performing team
• Proficiency in investigating and assessing complex financial data as well as business structures and transaction flows, including using tools like MS Excel, Power BI, or other financial analysis tools
• Degree in Finance, Business or any related field
• Certification as a Money Laundering Specialist (ACAMS) or a Diploma in AML with International Compliance Association is a big plus

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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