Sr Officer, Wholesale AFC - BB AML/KYC at United Overseas Bank Limited Co

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia -

Full Time

Start Date

Immediate

Expiry Date

19 Oct, 26

Salary

0.0

Posted On

21 Jul, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

AML Compliance, KYC Due Diligence, Risk Assessment, Corporate Structure Analysis, Beneficial Ownership Identification, Regulatory Compliance, AML/CFT Regulations, Problem Solving, Analytical Skills, Communication Skills, Microsoft Office Suite

Industry

Banking

Description

Company: 6255 UOB Innovation Hub 2 Sdn 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 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 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. 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 help develop trusted relationships and partnerships by focusing on our clients’ long-term interests and helping them to 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. Job Summary** The SO, Wholesale AFC - BB AML/KYC will be responsible for performing Anti-Money Laundering (AML) and Know Your Customer (KYC) due diligence for wholesale banking clients, ensuring compliance with regulatory requirements and internal policies. This role involves comprehensive client risk assessment and mitigation. Job Responsibilities** * Conduct thorough AML/KYC reviews for new and existing wholesale banking clients, including customer onboarding, periodic reviews, and trigger event reviews. * Analyze complex corporate structures, beneficial ownership, and source of wealth/funds for high-risk entities. * Identify and escalate suspicious activities or transactions to the relevant compliance teams. * Ensure all KYC documentation is complete, accurate, and up-to-date in accordance with UOB's policies and regulatory guidelines. * Collaborate with front office, legal, and compliance teams to resolve outstanding KYC issues and obtain necessary information. * Stay abreast of evolving AML/CFT regulations and internal policies to ensure ongoing compliance. * Participate in ad-hoc projects and initiatives related to AML/KYC enhancements and process improvements. * Maintain accurate records and documentation of all due diligence activities. Job Qualifications** * Bachelor's degree in Finance, Business Administration, Law, or a related field. * Minimum of 2-4 years of experience in AML/KYC compliance within the wholesale banking sector. * Strong understanding of AML/CFT regulations, including local and international standards (e.g., FATF recommendations). * Proven experience in analyzing complex corporate structures and identifying beneficial ownership. * Excellent analytical and problem-solving skills with meticulous attention to detail. * Ability to work independently and as part of a team in a fast-paced environment. * Strong written and verbal communication skills, with the ability to articulate complex issues clearly and concisely. * Proficiency in Microsoft Office Suite. * ACAMS or equivalent certification is a plus. * Any other Adhoc duties 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

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Responsibilities

Perform AML and KYC due diligence for wholesale banking clients to ensure compliance with regulatory requirements and internal policies. This includes conducting client risk assessments, analyzing complex corporate structures, and escalating suspicious activities.