VP, Anti-Money Laundering & Sanctions Policy

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 successful candidate will be part of the Group Compliance, AML & Sanctions Policy team. Key responsibilities are as follows:

• As the subject matter expert, this individual will review, draft, and contribute to the development of Group AML/CFT policies and procedures to ensure its effectiveness and relevancy to laws, regulations, and best practices.
• Provide consistent advice, interpretation and implementation of Group AML/CFT policies and procedures.
• Provide key updates on AML/CFT related matters to the respective Anti-Financial Crime forums and committees.
• Monitor development on related AML/CFT laws, regulations and risk trends, and performs gap analysis against such developments.
• Coordinate enterprise-wide risk assessments and control self-assessments.
• Deliver relevant AML/CFT trainings and involves in ongoing updates of AML/CFT training materials.
• Handle internal and external audits and reviews.
• Provide support and participate in AML/regulatory-related projects.
• Any other support as required by the Head of AML/CFT & Sanctions Policy from time to time.

Job Requirements

• Degree or professional qualification in finance, law, business administration, or related fields.
• At least 7-8 years of relevant work experience in an AML/CFT/Sanctions compliance function or similar risk management or policy drafting role.
• Experience in the design, drafting, and management of AML/CFT/Sanctions policies and procedures is a strong advantage.
• Strong knowledge/understanding of banking and financial services laws & regulations, industry best practices, and understanding of financial products & systems.
• Ability to think sustainably and communicate in a clear, concise, and easily understandable manner. 
• Ability to work effectively, under pressure, in a rapidly changing environment, as well as autonomously and as an effective member of a dynamic team.
• Possesses excellent analytical skills, ability to dissect issues and propose sustainable solutions.
• A team player, strong interpersonal, and written communication skills; must have a go-getter mindset and ability to positively influence stakeholders.
• Ability to work on multiple assignments while producing quality outcomes in a timely manner.
• Self-driven, meticulous and able to operate expeditiously.

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