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
- Provide advisory support/guidance to the WB business units on relevant rules and regulations and ensure that relevant business and support functions develop relevant procedures and processes.
- Works closely with Banks Compliance team, who provides independent oversight on Bank-wide compliance matters, to seek advice on relevant regulatory subjects and ensure business complies with relevant Bank Compliances policies and guidelines.
- Review and provide advisory for foreign exchange transaction and underlying transaction including the supporting documents to the WB business units.
- Ensure compliance of the significant and relevant compliance risk to applicable regulations for WB.
- Define best practices/standards/methods for the management of major compliance/regulatory risks within WB, and working together with WB business units to implement operational policies, processes and procedures to ensure adherence to relevant regulations.
- Proactively identify areas for improvements and assist to implement/enhance procedures, processes, internal controls to strengthen the first line of defense.
- AML/CFT/Sanctions Risk: Work with WB business units to address
- AML/CFT/Sanction issues and streamline the review process to drive business efficiency.
- Participate in AML projects and contribute to these projects Escalate product or process issues that pose ML/TF/Sanctions risk to Banks Compliance team in accordance with the escalation protocols.
- Identify and work with analytics/data on system initiatives to increase operational efficiencies
- Perform assurance review on compliance with regulatory requirement and Banks policy in WB Business Unit
Requirement :
- Experience background in AML (Operations & Compliance), Risk & Control, Assurance specific in Wholesale Banking
- Understanding AML account opening process
Additional Requirements
Develop, Engage, Execute, Strategise
Be a Part of the UOB Family
UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate&aposs 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
