VP, Compliance Analytics and Insights – AFC Systems - Name Screening /PS & Customer Due Diligence, Group Compliance
UOB · Central Region, Singapore +1 · 1mo ago
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
The Compliance function is a strategic partner and a trusted business enabler to the Board and senior management. It is our responsibility to ensure that the Group continuously fulfils its regulatory obligations in today’s tight and dynamic regulatory landscape. To do that, we work closely with internal stakeholders to identify and to assess regulatory risks. This collaboration also includes developing practical solutions that integrate regulations into operational
requirements as well as actively shaping and promoting stronger compliance culture and literacy in the Bank.
Responsibilities
- Monitor and support Group Compliance Anti-Financial Crimes (AFC) system on Name Screening & Customer Due Diligence for Singapore and Overseas Locations, in optimizing the AML/CFT risk management effectiveness.
- Prioritize change requests enhancements and drive change management process in enhancing Name Screening & Customer Due Diligence system capabilities and meeting regulatory and risk management objectives, and operational effectiveness
- Responsible for end-to-end project management of enhancements from pre-project initiation, development and testing, implementation to post implementation-system issues escalation and resolutions as applicable
- Provide over-sight on systems thresholds & parameters review with key stakeholders to ensure thresholds & parameters remain fit for purpose
- Provide systems related guidance on production queries, regulatory /internal / external audit queries to Singapore and Overseas Compliance counterparts, as well as AFC Advisory, Business and Technology stakeholders
- Provide training for overseas compliance counterparts on transaction monitoring solutions
- Work with the team to deploy AI and Analytics to improve process effectiveness, and Robotic Process Automation (RPA) for automate to improve operational efficiency where required
Experiences / Qualifications
- Education: Degree or higher professional qualification in Banking/Financial or Computer Science or Business Information Systems or equivalent; Relevant professional certifications in AML, Compliance, or Data Analytics is a plus.
- Experience: Minimum of 6-8 years in relevant work experience in AML systems and compliance in Financial Services industry, including hands-on experience in project management role.
- Analytical Skills: Strong analytical, problem-solving, with the ability to think strategically and make data-driven decisions.
- AML Knowledge: In-depth understanding of AML/CFT regulations, transaction monitoring systems, and anti-financial crime compliance best practices.
- Communication and Collaboration: Exceptional interpersonal and communication skills, with the ability to work across multiple departments and to drive discussions, manage and influence senior stakeholders.
- Soft Skills: Agile, inquisitive, self-driven, and capable of adapting to dynamic environments. Strong focus on integrity and meticulous attention to detail.
- Leadership: Strong leadership and team management abilities, with the capacity to motivate and inspire others.
- Additional Preferences: An understanding of AI/ML applications in compliance is a plus but not required.
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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