Job Description

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

Job Responsibilities

• Support the ongoing development and implementation of relevant AML/CFT regulatory assurance governance framework
• To collaborate with various retail business units and support units in managing its business compliance risks
• To identify and assess the risks of any new and/or revised requirements issued by Country Compliance arising from new AML/CFT regulatory developments; and develop appropriate measures (operational policies, processes and procedures) to ensure compliance with advice / approval from AML Team, Country Compliance when necessary
• Ensure all new business initiatives by the retail business segment have addressed relevant AML/CFT regulatory and policy requirements by providing AML/CFT advisory service
• Oversight of the review & testing and self-assessment programs to ensure compliance to relevant AML/CFT policies and regulations
• Provide advisory in the establishment of the necessary process to report and document review & testing and self-assessment findings, e.g. recommend corrective actions, track and follow up of actions to address issues
• Engage relevant parties to facilitate the setting up of the relevant training and competency plan covering programs for refresher training for existing staff, training for new staff and training for relevant staff on new AML/CFT regulatory compliance matters, procedures and processes
• Co-ordinate internal and external audit (Bank Negara Malaysia / External Auditors / Internal Auditors / Country Compliance) of the business segment and monitor the progress of the audit until closure
• Participates and undertakes ad-hoc projects related to AML/CFT related areas
• AML/CFT Partner - liaison between Country Compliance and retail business units
• To manage potential non-compliance detected by identifying root cause and developing effective action plans to avoid recurrence

Job Requirements

• A recognised degree or qualifications in Business Administration, Banking or related discipline
• AML certification by AICB
• Minimum 5-7 years of experience in compliance, financial crime risk management and branch operations or related experiences
• Ability to build relationship and interact with internal stakeholders
• Good written, verbal and presentation skills
• Ability to exercise discretion and independent judgement in applying established procedures and standards
• Strong analytical skills and ability to analyse problems and develop effective solutions

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

1. Strategise

2. Engage

3. Execute

4. Develop

5. Skills

6. Experience

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UOB