Company: 2201 United Overseas Bank (Malaysia) Bhd
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
Provide oversight of the Account Opening function to ensure compliance with AML/CFT, sanctions, and regulatory requirements.
Provide governance oversight, advisory support, and policy guidance on customer onboarding, due diligence requirements, and regulatory interpretation matters.
Review and challenge risk assessments relating to customer profiles, beneficial ownership, source of wealth, source of funds, and other financial crime risk indicators.
Act as the key escalation point for high-risk, complex, and exceptional customer onboarding cases.
Partner with multiple key stakeholders to enhance onboarding controls, resolve issues, and mitigate financial crime risks.
Escalate material issues, exceptions, and potential financial crime concerns for further review and decision-making.
Maintain clear, accurate, and well-supported documentation of review outcomes, risk assessments, and rationale.
Drive the implementation and enhancement of AML/KYC policies, procedures, controls, governance frameworks, and regulatory initiatives.
Perform thematic reviews, quality assurance assessments, control testing, gap analysis, remediation exercises, and special reviews to strengthen risk management practices.
Prepare management information, dashboards, reports, training materials, and presentations while supporting strategic projects, process improvements, operating model enhancements, and other initiatives to improve operational effectiveness.
Undertake ad hoc assignments, projects, and initiatives as assigned in support of business, regulatory, risk management, and governance objectives.
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.
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