VP, AFC Advisory, Business Risk & Controls Management, Group Wholesale Banking

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 Wholesale Bank function operates a dynamic business model that provides financial services and solutions to help our clients achieve their strategic business objectives. Our mission is to become the premier-provider of banking services and solutions for Asia-based commercial banking companies (small medium enterprises), large corporations, financial institutions as well as multinational corporations. Our coverage teams work in full alignment with specialised teams across Transaction Banking, Investment Banking, Global Markets and Group Retail to deliver seamless solutions to our clients.
 

Job Responsibilities

The successful candidate will be part of the Group Wholesale Banking (“GWB”) Business Risk and Control Management (“BRCM”) team. Successful candidate is to support the team head in the following key responsibilities in Singapore and overseas locations:

•    Work with Line 2 Anti-Financial Crime (AFC) Compliance teams on AFC matters (inclusive of AML/CFT/Sanction, Fraud and Anti Bribery and Corruption initiatives) 
•    Advise WB Business Units on AFC matters
•    Present/articulate AFC risks on client cases at AFC Management Meetings 
•    Contribute, present and track project/working group deliverables
•    Support and assist in compliance incidents and complaints, and assist Anti-Financial Crime Compliance/Client Fulfillment Services or Business Unit (BU) with carrying out further investigations as appropriate
•    Provide support to internal stakeholders to ensure adherence to the Group AFC policy, guidelines and directives and support stakeholders to address potential issues / gaps identified from the ongoing monitoring process
•    Escalate product or process issues that pose AFC risk to Group Compliance in accordance with the Group escalation protocols
•    Work with GWB Business Unit partners to address AFC issues and streamline the review process to drive business 
•    Identify and work with BU/GWB Data Analytics initiatives for risk management and to increase operational efficiencies  
•    Work with other BRCM Officers on risk and control matters related to the overseas banking subsidiaries and branches
•    Provide training and support to WB Business Unit and its internal stakeholders  where required
 

Job Requirements

•    Degree or professional qualification in business or banking/financial services related areas
•    Has minimum 12 years and above of relevant work experience preferably in AML/CFT/Sanction compliance function in a financial institution, preferably in a corporate banking/wholesale banking environment
•    Excellent research skill including experience with online research tools and databases
•    Good knowledge/understanding of banking and financial services laws & regulations, compliance best practices and understanding of financial products & systems
•    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, strong interpersonal, communication and presentation skills
•    Possesses good analytical and problem-solving skills
•    Able to work on multiple assignments and project management skills
•    Self-driven, meticulous and able to operate expeditiously
•    Knowledge in the application of digitalisation, technologies and data analytics would be a clear advantage.
•    Must have a growth mindset
•    Having a professional AML-related certification is an advantage
 

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.