VP, Business Risk and Control Management (BRCM) Advisory, Group Retail

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

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. 

Job Responsibilities

• SOP Review: Conduct thorough reviews of Standard Operating Procedures (SOPs) for Business Units (BU) and Support Units (SU) to ensure alignment with AML policies and procedures.
• Deviation Tracking: Monitor and document any deviations from established AML policies and procedures, and implement corrective actions as necessary.
• Investigation and Root Cause Analysis: Perform investigations and root cause analyses to identify underlying causes of AML compliance issues and develop effective solutions.
• Training Plan and Execution: Develop and execute comprehensive training plans to educate employees on AML policies and procedures. Measure the effectiveness of training programs to ensure they achieve desired outcomes.
• AML Knowledge Portal Management: Manage the AML knowledge portal, including frequently asked questions (FAQs), to provide employees with easy access to information and resources.
• Awareness of AML Developments: Keep employees informed about recent developments in AML regulations and best practices.
• Policy Query and Clarification: Address queries and provide clarifications related to AML policies and procedures to ensure employees have a clear understanding of their responsibilities.

Job Requirements

The ideal candidate will play a crucial role in ensuring our company's adherence to Anti-Money Laundering (AML) policies and procedures. This position involves a variety of responsibilities aimed at maintaining compliance and mitigating risks.

• Degree holder in any discipline, preferably Business.
• Minimum of 8 years of experience in the AML/KYC subject area within a banking environment.
• Strong expertise in AML/KYC risk assessment and the ability to clearly advise frontline staff on AML/KYC requirements.
• Keen eye for process improvement.
• Analytical and data-driven mindset.
• Excellent written and spoken communication skills.
• Good interpersonal skills with the ability to engage multiple parties effectively.
• Self-starter and team player.

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