AVP, Source of Wealth (SOW), Anti Money Laundering (AML Ops), Group COO, Retail

AVP, Source of Wealth (SOW), Anti Money Laundering (AML Ops), Group COO, Retail Posting Date: 23 Apr 2025 Location: Raffles (City Area), Singapore, SG, 048624 Company: United Overseas Bank Ltd 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. The COO Office has Business Risk & Control teams across various risk types, acting as safeguards for the business. Job Responsibilities Perform periodic and ad hoc AML reviews (Inclusive of Post-STR) on the existing Retail Banking Individual Customers and obtain all necessary documentation to complete the client file. Perform enhanced AML due diligence for higher AML risk customers to understand customer’s Source of Wealth (SOW) journey and corroborate the SOW. Identify gaps in the customer KYC profile and highlight required information to address the STR red flag or SOW gaps. Ensure transactions reviewed are in line with the customer's profile. Job Requirements Degree holder in any discipline, preferably Business. Minimum 5 years in AML/KYC subject area with a Bank. Excellent written and spoken communication skills. Good interpersonal skills and multi-parties engagement is expected on the job. Self-starter and team player. 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

Location: Singapore, SG

Posted Date: 5/1/2025