Assistant VP / Manager, Commercial Banking AML (Advisory), Client Fulfillment Services
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
The Wholesale Bank function operates a dynamic business model that provides financial services and solutions to help our clients achieve their strategic business objectives. Our mission is to become the premier-provider of banking services and solutions for Asia-based commercial banking companies (small medium enterprises), large corporations, financial institutions as well as multinational corporations. Our coverage teams work in full alignment with specialised teams across Transaction Banking, Investment Banking, Global Markets and Group Retail to deliver seamless solutions to our clients.
As part of the AML team, you will partner with the Business Units / Business Managers (BU/BM) and work closely with Group Compliance.
Your key responsibilities include providing advice to BU/BM on Customer Due Diligence (CDD) during onboarding, ongoing reviews and remediation, perform quality assurance checks on CDD completed and documents submitted and reviewing and clearing of name screening hits.
You will be required to ensure proper maintenance of records and databases to track CDD completion rate, remediation progress and to prepare and submit reports to the management or relevant authorities, where appropriate.
- A recognised degree holder with at least 2 years of relevant experience in the areas of conducting CDD for onboarding and ongoing reviews is preferred.
- Good understanding of the MAS regulations including MAS 626 Regulations, AML/CFT, and the Banking Act.
- Good knowledge of Microsoft Excel.
- Self-driven, meticulous and able to operate expeditiously.
- A team player with strong interpersonal and analytical skills.
Be a part of UOB Family
Apply now and make a difference.
United Overseas Bank Ltd (UOB)