Vp, Assurance Review

**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.

**Personal Financial 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.

**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.
- Provide control testing on critical functions and key AML/CFT/Sanctions/Fraud policies procedures, guidelines
- Proactively suggest suitable and relevant operational advisory to business units for key processes such as customer on-boarding and retention of customer relationships
- Identify regulatory risk and on AML/CFT requirements to assess impact on business segments
- Assist business units to operationalize and develop processes and controls to manage risks
- Review new business initiatives for compliance to AML/CFT governance requirements
- Conduct investigation into suspected ML/TF activities
- 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 their 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
- Use of analytical tools such as Power BI, Qilkview is an advantage

**Be a part of UOB Family**: