AVP, Compliance Analyst

at  United Overseas Bank Malaysia Bhd

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.

JOB REQUIREMENTS

• Professionally qualified – Graduate or Post Graduate in a numerate or research discipline.
• At least 2-3 years of overall experience with experience general financial crime compliance (fraud / sanctions/ anti money laundering) or intelligence experience.
• Exposure to Compliance and risk management with deep understanding in AML/CFT will be an added advantage
• Possesses Business Intelligence / Financial Crime Intelligence / Corporate Intelligence / Forensic.
• Professional, highly adept at problem-solving, conflict resolution and negotiation.
• Excellent stakeholder management skills.
• Excellent written and spoken communication skills.
• Able to work independently as well as in a team.

• Review and map AML/CFT/Sanction policy against Group and regulatory requirements to ensure full implementation
• Enhance UOBM AML/CFT Guidelines in accordance to Policy and regulatory expectation.
• AML/CFT/Sanction advisory to BSU on policy and guidelines requirements
• Customer due diligence advisory and clearance and recommendation: on-boarding and continuous monitoring
• Provide accurate and timely reporting for senior management.
• Maintenance of AML/CFT System management and internal database.
• To assess the Customer Relationship Review and provide AML/CFT consent for request/action plan submitted by BU/ SU due to adverse media, restricted relationships or questionable activities on their customers.
• To assess and provide clearance for transactions involving sanctioned entities or countries based on applicable sanction laws (i.e. OFAC, EU, UN etc.).
• To keep abreast of the latest sanctions trends and provide updates to BSU on changes to sanctions requirements and ensure implementation.