First VP, Transformation Lead, Investigation

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.

About the Department

The Compliance function is a strategic partner and a trusted business enabler to the Board and senior management. It is our responsibility to ensure that 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.

Job Responsibilities

The Group Compliance Anti-Financial Crime Investigation and Intelligence (“I&I”) function is responsible for safeguarding the Bank against financial crime risks relating to AML, Sanctions, Fraud and regulatory risks which may undermine the integrity of the Bank’s compliance framework. Through the conduct of proactive detection and ongoing monitoring activities, we enable timely insights, accurate identification, and effective intervention against financial crime events. 

The Operational Excellence Team (“OET”) provides process governance and quality assurance support to the Transaction Monitoring Investigation teams within the Bank. 

Job Responsibilities

Reporting to the Head of OET, the successful candidate will lead and manage a team to enhance and optimize the transaction monitoring processes, ensuring compliance with regulatory requirements while driving efficiency and effectiveness. This role requires a good understanding of financial crime compliance, strong project management experience and ability to work with cross-functional stakeholders, to enable successful delivery of expected outcome. 

Key responsibilities include:

• Lead management of transformation initiatives to uplift the Bank’s existing surveillance capabilities, to ensure successful and timely project deliverables.  
• Collaborate with various stakeholders to align the transformation objectives, and business priorities.  
• Understand and document business requirements and ensure that requirements are factored into system/process design to be delivered.
• Proactively identify and mitigate risks related to delivery of transformation initiatives.   
• Provide regular updates to senior leadership on project progress, challenges and outcomes. 
• Lead the design and perform user acceptance testing to ensure that implemented initiative is performing as per defined requirements. 
• Initiate update to existing procedure to incorporate changes to process due to implemented changes. 
• Conduct training to I&I colleagues on process updates/changes.
• Monitor effectiveness of implemented changes and follow up on remediation of any identified gaps subsequent to implementation.  
• Leveraging on subject matter expertise in AML, to contribute/drive deliberation and discussion at the respective financial crime enhancement workstreams.
   

Job Requirements

• Bachelor’s degree in finance, business or any related field
• 10 – 15 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
• Demonstrated success in leading transformation projects within financial institution or consulting environment. 
• Excellent project management skills with a track record of delivering complex projects on time and within budget. 
• Strong leadership, stakeholder management and communication skills. 
• Proficiency knowledge in emerging technologies such as data analytics, machine learning and automation.   
   

Be a part of 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.

Competencies