Assistant VP, Anti-Money Laundering Core Engine Data Analytic, Group Compliance

Assistant VP, Anti-Money Laundering Core Engine Data Analytic, Group Compliance

Location: Singapore, SG

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 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 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

Core Engine Data Analytic

1. Analyze existing payment screening processes to identify inefficiencies and areas for improvement.
2. Develop strategies to optimize screening rules and reduce false positive in payment alerts.
3. Screening rules writing, documentation and User Acceptance Testing.
4. Implement automation and optimization tools to streamline the payment screening optimization process.
5. Screening rules migration to incorporate Payment Message Format upgrade (MX to MT).
6. Perform Business Impact Analysis and assessment on the new watchlist.

Project Management

1. Coordinate and/or participate in bank-wide or internal projects.
2. The type of projects may range from implementation of new compliance process, enhancement of compliance systems etc.
3. Able to work independently and ensure timelines & quality.
4. Able to communicate with stakeholders.

Job Requirements

1. Business Intelligence specializes in building descriptive / diagnostic data models, and visualization dashboards. Able to collect, parse, manage, analyze and visualize large sets of data to turn information into insights accessible through multiple platforms. Works more with structured data.
2. Minimally 5 years of relevant experience.
3. Candidate will work closely with Tech team & vendor to rollout AML system (especially Payment Screening) on the enterprise level. Hands-on experience in SQL & python for data analytics work scope is a must.

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.