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Posting Date:  08-Feb-2021


Company:  United Overseas Bank (China) Limited

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 Audit function is an independent internal audit team that provides objective assurance and consulting to improve and add value to the Group’s operations. We help the Group achieve its strategic objectives by adopting a systematic and disciplined approach towards evaluating and improving the effectiveness of risk management, control and governance processes.

Job Responsibilities

  • Comply with UOB group AML policies and local KYC/CDD regulations, to verify material adverse news to make judgment of true hits or false hits for those alerts generated by Detica by systematic logics and global normalization rules.
  • Perform 1st-level investigation to support WB relationship managers for additional documents collection to identify true hit clients’ business nature according to UOB group AML policies and local KYC/CDD regulations.
  • Trigger periodic review for those WB clients KYC on maturity and re-assess the risk rating based on the updated KYC documents.
  • Ensure on-boarding client KYC and on-going KYC reviewing completeness and timeliness. Well handle the exceptional special cases.
  • Well understand the UOB group AML policies as well as local KYC/CDD regulations, to ensure the documents maintained in WB AML/KYC/CDD team are valid and effective.
  • Guide relationship managers to collect necessary KYC/CDD documents before the timeline and ensure zero overdue case.
  • Have good communication skills to work with Country Compliance, branch relationship managers, branch operations, branch CFS.
  • Other assignments as required.

Job Requirements

  • Bachelor degree above, prefer major in law or finance.
  • More than 3-5 years working experiences, at least 1-year working experiences on AML in financing institution.
  • Well known of AML/KYC/CDD local regulations and familiar with group sanction policies.
  • Good logic sense to judge the true hit alerts against bank AML policies.
  • Good communication skills to take coordination with bank other stakeholders or functions.
  • Good oral & written Mandarin and English.
  • Pressure bearing.

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.

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