AVP, AML Controls Reviewer (Kuala Lumpur)
UOB · Kuala Lumpur, Malaysia · 10d ago
About UOB
United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values – Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.
Job Description
1. Primary Accountabilities (What are the predominant responsibilities of the job)
• Conduct risk assessments and provide risk acceptance recommendations, primarily for high-risk clients within the client group, following initial pre-assessments by AML Operations / branch operations / Relationship Manager (RM) / Customer Advisory (CA), or Senior Customer Advisory (SCA).
• Review risk factors and changes in risk ratings flagged by AML Operations / branch operations / CA / SCA.
• Ensure appropriate approvals are obtained to complete the review process.
• Assess the client’s background, including the Source of Wealth (SOW) write-up and any corroboration provided by AML Operations, CA, or SCA. Update or revise the SOW narrative based on the latest available information and supporting documentation.
• Collaborate closely with AML Operations, RM, CA, or SCA teams to ensure timely and accurate completion of in-scope reviews.
• Provide business recommendation if to retain or exit client relationships based on the outcome of the risk review.
2. Span of Control of the job (from the financial and non-financial aspect ie number of direct reports & indirect report)
• NIL
3. Common job contacts (most common contacts and the typical frequency of communication with these contacts. Contacts will be other jobs that the job holder communicates with and can be internal –e.g UOB colleagues, or external –outside UOB)
• UOB colleagues.
4. Minimum Knowledge requirement for the job (include broad organizational/managerial or technical knowledge, qualifications and indicative number of years’ experience)
• Possess at least a Bachelor's Degree in Finance related discipline.
• Minimum of 5 years of relevant experience in the banking or financial services industry, with exposure to AML, compliance, or risk management functions.
5. Core Competencies (Technical Competencies)
• Good analytical skills and attention to detail, with the ability to interpret complex data and identify potential risks..
• Proficient in Microsoft Office (Excel, Word)
• Basic knowledge in AML/CFT.
• Professional certifications such as Certified Anti-Money Laundering Specialist are advantageous.
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.
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