Senior Officer, Source of Wealth, Reviewer, Middle Office Anti Money Laundering Controls (Contract)

Source of Wealth (SOW) Reviewer, Middle Office Anti-Money Laundering Controls

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 across Asia Pacific, Europe, and North America. In Asia, UOB operates through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, and Thailand, as well as branches and offices. UOB’s history spans more than 80 years, guided by its values: Honorable, Enterprising, United, and Committed.

Responsibilities

• Ensure all KYC reviews comply with the bank’s established policies, procedures, and controls.
• Assess customers’ AML/CFT risk and recommend actions to mitigate the risk, where required.
• Ensure timely follow-up with front liners/touchpoints on updated KYC information for customers for every AML review.
• Guide and review team members’ KYC reviews to ensure review quality.
• Ensure proper documentation and record keeping of reviews.
• Assess transaction reports for potential money laundering risks and recommend on account relationships.
• Assess the materiality of adverse news.

Requirements

• Degree holder in any discipline, preferably in Business.
• Minimum 1–2 years of experience in AML/KYC in a bank.
• Excellent written and spoken communication skills.
• Good interpersonal skills and ability to engage multiple parties; self-starter and team player.
• Open to a 1-year contract.