VP, Compliance Analytics & Insights, Anti-Financial Crimes Transaction Monitoring

VP, Compliance Analytics & Insights, Anti-Financial Crimes Transaction Monitoring

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.

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.

Job Responsibilities

1. Responsible for AML/CFT Transaction Monitoring System to support transaction monitoring for Singapore and overseas locations.
2. Strategize the implementation of Anti-Money Laundering/Counter-Financing of Terrorism (AML/CFT) and Financial Crime solutions across the Group together with Group IT, AML/CFT Advisory, business stakeholders and external vendors.
3. As Subject Matter Expert in AML/CFT Transaction Monitoring solutions and other systems solutions in managing regulatory requests or queries and audit related matters on systems.
4. Prioritize Change Requests enhancements and drive Change Management process in enhancing transaction monitoring system capabilities.
5. Responsible for end-to-end project management of enhancements from pre-project initiation to post implementation-system issues escalation and resolutions.
6. Provide oversight on systems thresholds & parameters review with key stakeholders.
7. Provide systems related guidance on production queries, regulatory/internal/external audit queries to Singapore and Overseas Compliance counterparts.
8. Provide training for overseas Compliance counterparts on transaction monitoring solutions.
9. Work with the team to deploy AI and Analytics to improve process effectiveness.
10. Collaborate with technology team to lead the transformation of TM system/platform to be future ready via adoption of AI/ML capabilities.

Job Requirements

1. Degree or higher professional qualification in banking/financial or Computer Science or Business Information Systems or equivalent.
2. Possess minimum 6-8 years of relevant work experience in team lead role and project management role.
3. Good knowledge/understanding of AML/CFT regulations, best practices and financial products.
4. Keep abreast of new emerging industry trends and technologies in the field of AML/CFT, Financial Crime, AI, Analytics and Automation.
5. Proven track records in project management, ability to multi-task and execute deliverables within tight timelines.
6. Ability to work effectively under pressure in a rapidly changing environment.
7. Knowledge and experience in deploying data analytics, data visualization and robotic process automation.
8. Strong communication, presentation, and interpersonal skills.
9. Good analytical skills and the ability to think out-of-the-box to problem solve.
10. Self-driven, meticulous, and able to operate expeditiously.
11. Proficient in Microsoft office suite of applications (especially Excel and PowerPoint).

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.