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UOB · 1 month ago

VP, AML Advisory (Corporate), Group Compliance

Central Region (City Area)

Full-time

Onsite

Mid, Senior Level

5+ years exp

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices. They are seeking a VP, AML Advisory to develop and own AML/CFT Policies and Procedures, support stakeholders in executing controls, and ensure compliance with regulations.

BankingFinanceFinancial Services

Responsibilities

Support Team Lead, AML Advisory (Group Wholesale Banking) in delivering and support GC’s compliance agenda / book of work

Conduct review of high-risk customer or escalated cases (due to STRs, trigger events, adhoc requests etc) and highlights areas of ML/TF concerns to Business

As the subject matter expert, this individual will provide advice/collaborate with Business and Business Risk & Control Management in the development and review of AML controls, processes and procedures to ensure risks are effectively identified and mitigated

Reviews and contributes to the maintenance of Group AML/CFT policies and procedures to ensure its effectiveness and relevancy to laws, regulations and best practices

Provide SME advice, interpretation and implementation of Group AML/CFT procedure, correspondent banking and trade related transactions in a pragmatic and risk-based approach

Provide key updates on AML/CFT related matters to the respective business forums and committees

Monitors development on related AML/CFT laws, regulations and risk trends

Handles request from MAS, assurance, internal and external audits

Provide support and participate in AML/regulatory-related projects

Any other support as required by the Team Lead, AML Advisory (Group Wholesale Banking) from time to time

Qualification

AML/CFT complianceWholesale banking experienceAML-related certificationResearch skillsAnalytical skillsInterpersonal skillsProblem-solving skills

Required

Degree or professional qualification in business or banking/financial services related areas

Has minimum 5 years of relevant work experience preferably in AML/CFT/Sanction compliance function with focus on wholesale banking will be an advantage

Excellent research skill including experience with online research tools and databases

Ability to work effectively, under pressure, in a rapid changing environment, as well as autonomously and as an effective member of a dynamic team

A team player, possesses good interpersonal, analytical and problem-solving skills

Having a professional AML-related certification