AVP, Anti Financial Crime Operation(AFCO), Group Retail COO

Location: Raffles (City Area), SG, 048624

Company: United Overseas Bank Ltd

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 Retail function provides Personal and Business Banking customers with financial solutions tailored to their needs. We help them manage their money wisely and meet their financial goals through an extensive range of products and services. These include deposit, insurance, secured and unsecured loans, investment and wealth advisory services.

We design and provide products and services that empower our customers to enjoy greater banking convenience while they extract more value from their money. In particular, we are focused on promoting and developing healthy saving and investment practices across generations.

The COO Office has Business Risk & Control teams across various risk types, acting as safeguards for the business.

Job Responsibilities

• Investigate and assess transaction reports for potential money laundering risks and make recommendations on account relationships.
• Efficient identification of suspicious activities and transactions.
• Perform further investigation on client transactions and liaise with Relationship Managers for clarification.
• Investigate high-risk clients and obtain all necessary documentation to complete the client file.
• Communicate effectively and efficiently with relevant internal and external parties to obtain KYC documents.
• Ensure timely follow-up to queries from the Business unit.
• Act as the liaison contact between the Business unit and Compliance on all AML/CFT and sanctions matters.
• Assist in responding to CDD inquiries that may originate from internal and external stakeholders on client profiles.
• Complete assigned reviews within established timelines.
• Ensure all review-related activities adhere to the bank’s policies and procedures.
• Participate in ad hoc projects or tasks when required.

Job Requirements

• Minimum of 5 years hands-on experience in KYC or AML in retail banking.
• Self-motivated.
• A highly collaborative individual who can work as part of a team and independently.
• Capable of multitasking.
• Ability to work under pressure and adapt to a fast-changing environment.
• Effective communication (both written and verbal) and interpersonal skills.
• Strong time management and follow-up skills.
• Meticulous and detail-oriented.
• Proficient in MS Office.

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.