Senior VP, Anti Financial Crime
5 days ago
Location: Raffles (City Area), SG, 048624
Company: United Overseas Bank Ltd
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
Retail
function provides Personal and Business Banking customers with financial solutions tailored to their needs. We help them manage their money wisely and meet their financial goals through an extensive range of products and services. These include deposit, insurance, secured and unsecured loans, investment and wealth advisory services.
We design and provide products and services that empower our customers to enjoy greater banking convenience while they extract more value from their money. In particular, we are focused on promoting and developing healthy saving and investment practices across generations.
The COO Office has Business Risk & Control teams across various risk types, acting as safeguard for the business.
Job Responsibilities
You will be part of the Anti-Financial Crime team within Group Retail that covers a range of banking segments and products. As we continually build on our foundation of strong governance and control, you will be charged with ensuring that the governance and controls framework is applied and tested for assurance, in addition to creating additional risk awareness, an ethical culture and professionalism within our workforce.
You are a competent subject matter expert in the area of anti-money laundering, countering the financing of terrorism, sanctions and fraud. As a seasoned practitioner, you are at the forefront of regulatory developments in these areas where you will be able to design and conceptualise dashboards and key risk indicators to provide impact analysis, interpretation, advisory and recommendations to Business Units for the implementation of AML related policies and practices. You will suggest recommendations to sharpen our risk awareness and provide solutioning on how to manage any emerging areas for improvement / risks / trends.
You are a team player and able to effectively collaborate with the business to build an efficient environment for Compliance and Audit to effectively operationalize their requirements. You can enhance the design of the existing framework to provide an effective testing framework to provide assurance to the senior management on the effective controls. Additionally, the senior management will look to you to translate key risk indicators for the effective management.
Be familiar with the Group AML/CFT procedures and regulatory requirement
Lead the AML Assurance team to effectively execute the Assurance plan
Plan and define Assurance scope and risk targeted methodology to effectively test potential ML/TF risk areas
Proficient in using Data Analytics in the assurance testing strategy to ensure comprehensiveness
Continuously update assurance testing strategy to keep up with emergent ML/TF trends
Ensure timely execution of monthly assurance test, timely escalation of risk signals and present results meaningfully to stakeholders
Proactively suggest suitable and relevant operational advisory to business units for key processes such as customer on-boarding and retention of customer relationships
Identify and propose to business units on areas of improvement to manage AML/CFT risks
Review new business initiatives for compliance to AML/CFT governance requirements
Review audit findings from internal & external reviews to assess adequacy of controls and facilitate formulation of corrective actions.
Participate in strategic AML projects and initiatives to advise on AML controls
Facilitate the gathering and provision of data/information to Management oversight
Conduct Compliance Training to raise staff awareness on AML/CFT controls, trends and typologies
Prepare regular management reports to raise senior management awareness on the risk areas and exposure
Job Requirements
•
Bachelor’s Degree in Business Management or related fields
•
Working knowledge of MAS 626 Regulations and Guidelines
•
Relevant 10 or more years of experience in AML/CFT/Sanctions or relevant Audit or Regulatory experience
•
ACAMs certification and prior experience in AML system and process design is preferred
•
Resourceful, meticulous, analytical with strong interpersonal and communication skills
•
Proficient in Microsoft office suite of applications
•
Use of analytical tools such as Power BI, Qilkview 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.
#J-18808-Ljbffr
-
Assistant VP, Anti-Financial Crime
4 days ago
Singapore United Overseas Bank Full timeAssistant VP, Anti-Financial Crime (Intelligence)Posting Date: 10 Jan 2025Location: Singapore, SG Company: United Overseas Bank Ltd 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...
-
Compliance Officer
5 days ago
Singapore Hudson Singapore Full timeHudson Singapore is looking for a highly skilled Compliance Officer - Anti-Financial Crimes to join their team. In this role, you will be responsible for ensuring the company's compliance with financial crime regulations, including AML, CFT, sanctions, and anti-bribery laws.You will work closely with senior management to develop and implement policies and...
-
Assistant VP, Anti-Financial Crime
5 days ago
Singapore United Overseas Bank Ltd. Full timeLocation: Singapore, SG Company: United Overseas Bank Ltd 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,...
-
Financial Crime Specialist
2 days ago
Singapore Straits Financial Group Full timeStraits Financial Group is a leading provider of integrated logistics and financial services with a presence in Singapore, the United States, and Indonesia. Our company serves as the financial services arm of the CWT Group, a global leader in its field.We offer a comprehensive service to our clients, enabling them to access the financial and commodity...
-
Anti-Financial Crime Compliance Officer
2 days ago
Singapore OCBC Bank Full timeAbout the RoleThe Anti-Financial Crime Compliance Officer will be responsible for identifying, assessing, and documenting Anti-Scam risks associated with business activities. You will also contribute to the development and implementation of bank and industry-driven Anti-Scam initiatives.Key Requirements:Relevant experience in fraud risk management or scam...
-
Senior Financial Crimes Professional
5 days ago
Singapore Ashford Benjamin Full timeWe are seeking a seasoned Senior Financial Crimes Professional to join our Ashford Benjamin team.In this pivotal role, you will lead the development and implementation of financial crime prevention strategies across our wealth management business.Your key responsibilities will include:Designing and implementing anti-money laundering (AML) and know your...
-
Financial Crime Compliance Manager
5 days ago
Singapore Hudson Singapore Full timeFinancial Crime Compliance Manager (BH-80056)Location: Singapore, Singapore Sector: Banking Salary: Competitive Financial Crime Compliance Manager An established financial services firm in Singapore is seeking a Financial Crime Compliance Manager to manage and mitigate compliance risks. The role involves ensuring adherence to financial crime regulations,...
-
Financial Crime Risk Manager
5 days ago
Singapore Hudson Singapore Full timeHudson Singapore is seeking a Financial Crime Risk Manager to lead and mitigate compliance risks. The role involves ensuring adherence to financial crime regulations, updating policies and procedures, advising senior management, and overseeing audits, trade surveillance, and compliance testing.The ideal candidate will provide financial crime compliance...
-
Financial Crime Prevention Expert
5 days ago
Singapore ESTEEMED SEARCH PTE. LTD. Full timeEsteemed Search PTE. LTD. is looking for an experienced Financial Crime Prevention Expert to join our team.About the PositionThis role requires a deep understanding of financial crime prevention strategies and experience in implementing effective anti-money laundering controls.Key Responsibilities:Develop and implement comprehensive financial crime...
-
Financial Crime Prevention Specialist
16 hours ago
Singapore Straits Financial Group Full timeOur Team:The Compliance team at Straits Financial Group is responsible for putting in place and executing proper level-two governance and reporting mechanisms for financial crime and compliance. We address any AML, compliance, and regulatory risks faced by the company, while liaising with legal counsel to address legal documentation and legal risk issues.Job...
-
Director, Global Financial Crimes Manager
4 weeks ago
Singapore BANK OF AMERICA,NATIONAL ASSOCIATION Full timeRoles & ResponsibilitiesAt Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work...
-
Director, Global Financial Crimes Manager
4 weeks ago
Singapore BANK OF AMERICA,NATIONAL ASSOCIATION Full timeRoles & ResponsibilitiesAt Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work...
-
Financial Crime Compliance Manager
3 weeks ago
Singapore KS CONSULTING PTE. LTD. Full timeRoles & ResponsibilitiesAre you passionate about combating financial crime and ensuring regulatory compliance? Our client is looking for a seasoned Financial Crime Compliance Specialist to join their dynamic team in the financial services sector. If you thrive in a fast-paced environment and excel in problem-solving, we want to hear from youYour Role and...
-
Anti-Money Laundering Specialist
5 days ago
Singapore NETS Full timeAbout This RoleWe are seeking a highly skilled professional to join our team as a Financial Crime Compliance Manager. In this critical position, you will play a key role in protecting our organization's reputation and assets from financial crimes.Main Duties:Develop and maintain a robust anti-money laundering and counter-terrorism financing program, aligned...
-
Financial Crime Analyst: Compliance Expert
2 days ago
Singapore OCBC Bank Full timeRole SummaryThe Financial Crime Analyst: Compliance Expert will be responsible for identifying, assessing, and documenting Anti-Scam risks associated with business activities. You will also contribute to the development and implementation of bank and industry-driven Anti-Scam initiatives.Key Responsibilities:Providing 24/7 support on a rotational shift basis...
-
Financial Crime Analyst
5 days ago
Singapore Adecco Personnel Pte Ltd. Full timeAdecco Personnel Pte Ltd. is looking for a talented Fraud KYC Analyst to take on the challenge of protecting our Corporate Customers from Fraud threats. As a key member of our team, you will be responsible for ensuring the accuracy and completeness of KYC profiles before approval, performing name screenings to identify potential risks, and supporting the...
-
Manager, Financial Crime Compliance
5 days ago
Singapore NETS Full timeCompany: Network For Electronic Transfers (S)The NETS Group is a leading payments services group, enabling digital payments for merchants, consumers and banks across the entire payments value chain. The Group operates Singapore’s national debit scheme enabling customers of DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and UOB to make...
-
Financial Crime Compliance Specialist
5 days ago
Singapore NETS Full timeCompany: Network For Electronic Transfers (S)The NETS Group is a leading payments services group, enabling digital payments for merchants, consumers and banks across the entire payments value chain. The Group operates Singapore’s national debit scheme enabling customers of DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and UOB to make...
-
Singapore Goldman Sachs Full timeFinancial Crimes Compliance Financial Crime Compliance has primary responsibility for the execution of the firm's enterprise-wide Anti-Money Laundering, anti-bribery, and government sanctions compliance programs and, among other things, performs enhanced due diligence and government sanctions screening, as well as surveillance and investigations...
-
Banking Anti Financial Crime Expert
17 hours ago
Singapore Bank of China Full timeCompliance Officer Job SummaryThis Compliance Officer role requires an individual who can effectively analyze and investigate Anti-Scam cases within the bank. As part of the team, you will be tasked with enhancing and formulating anti-scam parameters in the system, performing customer interviews and investigations, and ensuring all actions align with...
