SO-AVP, Risk and Triage Assessment, Financial Crimes Investigations, Group Wholesale Banking

United Overseas Bank
Singapore, Singapore
17 Jun 2022
24 Jun 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
SO-AVP, Risk and Triage Assessment, Financial Crimes Investigations, Group Wholesale Banking

Posting Date: 12-Jun-2022

Location: Raffles Place, Singapore, SG

Company: United Overseas Bank Limited

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.

About the Department
The Wholesale Bank function operates a dynamic business model that provides financial services and solutions to help our clients achieve their strategic business objectives. Our mission is to become the premier-provider of banking services and solutions for Asia-based commercial banking companies (small medium enterprises), large corporations, financial institutions as well as multinational corporations. Our coverage teams work in full alignment with specialised teams across Transaction Banking, Investment Banking, Global Markets and Group Retail to deliver seamless solutions to our clients.

Job Responsibilities
The selected candidate will be assigned to the Risk and Triage Assessment Team which is a subset of the Financial Crimes Investigation Team ("the Team"). The key responsibility is to conduct reviews or first level investigations on customers' where alerts have been generated, in accordance with their name profiles. In addition, a triage assessment to ensure the appropriate handling process for such alerts identified, are also handled in accordance with risk parameters and appropriate account strategies to mitigate the AML/CFT risks identified.

The role entails:
  • Disposition and fully document all alerts, including supporting data, analysis, rationale for disposition as flagged by the Bank system in a timely manner
  • Retain strong records of all information relied upon in the disposition of the alert
  • Review and analyze the underlying data gathered to assess reasonable cause to escalate alert clearance where applicable for Compliance clearance
  • Perform user acceptance testing (UAT) on the Bank's system where applicable
  • Function as a key contributor with demonstratable knowledge of AML and Sanctions concerns.
  • Maintaining registers and trackers to track the performance of the team
  • Providing regular statistics and presentations for updating to Senior Management

Job Requirements
  • Degree / Diploma Holder
  • Relevant qualifications from ICA / ACAMS will be advantageous
  • Comfortable with handling data, and able to perform functions on Excel, such as Vlookup, Pivoting and generating various graphs / charts, etc.
  • Attentive to details with a strong sense of responsibility in performing investigations and submitting reports on a timely basis
  • Good command of both written and spoken English. The ability to speak / read additional languages is an advantage

Be a part of 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.

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