AVP, Wholesale AFC - OB & Central at United Overseas Bank Limited Co

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia -

Full Time

Start Date

Immediate

Expiry Date

02 Apr, 26

Salary

0.0

Posted On

02 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

KYC, CDD, AML, Data Analysis, Communication, Problem Solving, Attention to Detail, Interpersonal Skills, Regulatory Knowledge, Excel, Teamwork, Advisory Support, Presentation Skills, Stakeholder Management, Screening Assessment, Documentation

Industry

Banking

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. 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 UOB Innovation Hub 2 (InnoHub2) UOB Innovation Hub 2 (InnoHub2) is a UOB-wholly owned subsidiary and a Centre of Excellence based in Malaysia, providing Group Business Services (GBS) to support the UOB Group. Started in 2021 with technology application design, development and support, InnoHub2 is expanding beyond technology services to deliver other business services to support the Bank’s growth ambition. We are looking for talented and motivated individuals to be part of the pioneer team spearheading the development and delivery of the new services. As part of the InnoHub2 team, you will have the opportunity to work on Group initiatives and gain regional business exposure. We are dynamic, passionate and purposeful about delivering trusted financial solutions that enables business growth. An exciting career progression with varied opportunities awaits you at IH2. Come grow your career with us. About the Department UOB Group Wholesale Banking helps companies and institutions optimize their business operations and cash flow, manage risks, expand into new markets and manage their capital needs by providing tailored financial solutions, services and sector insights. We develop trusted partnerships by focusing on our clients’ long-term interests and by helping them meet their strategic objectives. Our unique combination of local, in-country presence and expertise, astute Asian market insights and regional network connectivity enables us to help unlock Asia’s potential for our clients. To execute this, we are looking for talented individuals in roles with the Group Wholesale Banking, Anti-Financial Crimes Operations (AFC Ops) Corps / FIs AFC Ops Team. Job Responsibilities The selected candidate will be assigned to the AML & KYC Team (“the Team”) whereby its key responsibility is to ensure that the customer due diligence (CDD) program, incorporating customer identification and verification (ID&V), know your customer (KYC), anti-money laundering (AML) principles and Sanctions oversight are in place. The team will support the various business segments within Group Wholesale Banking comprising of Corporates and Financial Institutions in performing the CDD reviews, in meeting regulatory requirements and helping to grow the business. The role entails: Preparation of documentation and conduct CDD in a timely manner To liaise with RMs on the required documentation Ensure that ongoing CDD reviews are conducted in tandem with internal process and policies Ensure data accuracy in systems and documentations Extraction of data from worksheets and reports for distribution to respective Business segments for necessary follow-up actions Assisting BUs to respond to various CDD enquiries, which may originate from the local authorities or from correspondent banks, over client’s profile Perform screening assessment and escalate material hits, where applicable for further clearance. Assisting the Team Leader in providing regular statistics and presentations for updating to Senior Management Participating in ad-hoc assignments and projects, e.g., audit, user acceptance testing etc. where required Providing advisory support to the BUs in CDD related matters, where applicable Job Requirements The ideal candidate should possess the following qualities: Tertiary holder and above Prior working experience of at least 4-6 years in KYC / CDD roles. Detail-oriented, yet able to think flexibly and independently to resolve problems Knowledge in MAS regulations will be an added advantage. Maintaining a high degree of knowledge in MAS 626 regulations and associated regulatory requirements for AML/CFT and Sanctions. Emotionally mature and able to communicate maturely and independently with various stakeholders within the Bank Comfortable with handling data, and able to perform functions on Excel, such as Vlookup, Pivoting and generating various graphs / charts, etc Attentive to details with a strong sense of interest in developing a career as a KYC / CDD specialist Good command of both written and spoken English. The ability to speak / read additional languages is an advantage Able to raise sensitive or potentially contentious issues in a constructive manner to arrive at appropriate solutions Self-driven and a team player with strong interpersonal skills to communicate, influence and negotiate Certification as an AFC specialist (e.g., CAMS / Diploma in AML, Governance and Risk) with a recognized institution will be an advantage Proficient in Mandarin is ad added advantage Additional Requirements Be a Part of the 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 Together, Let’s Build the Future of ASEAN We value our people and invest in them as we look to fulfil our purpose of building the future of ASEAN. We seek to create a collaborative and progressive environment for them to succeed in their careers for the long term. Explore career opportunities with us today. UOB is rated as one of the world's top banks, ranked 'Aa1' by Moody's Investors Service and 'AA-' by both S&P Global and Fitch Ratings. With a global network of 500 branches and offices across 19 countries in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and offices throughout the region. Career Site: UOB Career site

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Responsibilities

The selected candidate will ensure that the customer due diligence (CDD) program is in place, supporting various business segments within Group Wholesale Banking. Responsibilities include conducting CDD reviews, ensuring data accuracy, and assisting with regulatory inquiries.