SO, Wholesale AFC - CMB AML/KYC

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

Job Summary:**

Responsible for performing Anti-Money Laundering (AML) and Know Your Customer (KYC) checks for wholesale clients within the Commercial Banking (CMB) sector, ensuring compliance with regulatory requirements and internal policies.

Job Responsibilities:**

* Conduct thorough due diligence and enhanced due diligence (EDD) on new and existing wholesale clients in the CMB segment.
* Review and analyze client information, documentation, and transaction data to identify potential money laundering or terrorist financing risks.
* Perform name screening, adverse media checks, and sanction screening against relevant watchlists and databases.
* Assess risk profiles of clients and assign appropriate risk ratings based on established methodologies.
* Prepare comprehensive KYC reports and documentation, ensuring accuracy and completeness.
* Collaborate with Relationship Managers and other internal stakeholders to obtain necessary client information and resolve discrepancies.
* Stay updated on relevant AML/CFT regulations, guidelines, and industry best practices.
* Identify and escalate suspicious activities or unusual transactions to the Financial Crime Compliance team.
* Participate in internal and external audits related to AML/KYC processes.

Job Qualifications:**

* Bachelor's degree in Banking, Finance, Business Administration, Law, or a related field.
* Minimum of 2-3 years of experience in AML/KYC within the financial services industry, preferably with exposure to wholesale or corporate banking clients.
* Strong understanding of AML/CFT regulations and guidelines (e.g., FATF recommendations, local regulations).
* Proficiency in conducting due diligence, risk assessment, and sanction screening.
* Excellent analytical, research, and problem-solving skills.
* Strong attention to detail and accuracy.
* Ability to work independently and as part of a team in a fast-paced environment.
* Good communication and interpersonal skills.
* ACAMS certification or equivalent is an advantage.

any other Ad Hoc task

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.

Apply now and make a Difference