AVP, Know Your Customer (KYC) Review, Group COO Retail

Select how often (in days) to receive an alert:

AVP, Know Your Customer (KYC) Review, Group COO Retail

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.

Job Responsibilities

1. Perform periodic and ad hoc AML reviews on the existing Retail Banking Individual Customers and obtaining all necessary documentation to complete the client file.
2. Ensure all KYC reviews performed comply with the bank’s established policies, procedures, and controls.
3. Recommending appropriate course of action for closure/exclusion/refer cases.
4. Ensure timely follow up with front liners/touchpoints on the updated KYC info of customers for every AML review.
5. Guide and review the team members’ KYC reviews to ensure the quality of review.
6. Assist to prepare or generate compliance related tracking reports if required.
7. Assess transaction reports for potential money laundering risks and make recommendations on account relationships.
8. Efficient identification of suspicious activities and transactions.
9. Act as the liaison contact between Business unit and Compliance on all AML/CFT and sanctions matters.
10. Ensure timely follow up to queries from Business unit.
11. Assist to respond to CDD enquiries that may originate from internal and external stakeholders on client’s profile.
12. Complete assigned reviews within established timelines.
13. Ensure all reviews related activities carried out adhere to the bank’s policies and procedures.
14. Participate in ad hoc projects or tasks when required.
15. Support management statistics reporting.

Job Requirements

1. Minimum of 5 years of experience in KYC or AML in retail banking.
2. Self-motivated.
3. A highly collaborative individual who can work as part of a team and independently.
4. Capable of multitasking.
5. Ability to work under pressure and adaptable to a fast-changing environment.
6. Effective communication (both written and verbal), and interpersonal skills.
7. Strong time management and follow-up skills.
8. Meticulous and detail-oriented.
9. 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.