AML Investigation, Pre-STR and Triage Team LeadPosting Date: 2 Sep 2024
Location: Kuala Lumpur, Wilayah Persekutuan, 59200
Company: UOB Innovation Hub 2 Sdn. Bhd.
About UOBUnited Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. UOB's purpose is to build the future of ASEAN. Our purpose guides The UOB Way – that defines our unique culture and belief system, anchored on our values of being Honourable, Enterprising, United and Committed, and our people philosophy of Care, Growth and Trust.
About the DepartmentUOB Innovation Hub 2 (InnoHub2) is a UOB-wholly owned subsidiary and a Centre of Excellence based in Malaysia, providing Group Business Services (GBS) to support the UOB Group. Started in 2021 with technology application design, development and support, InnoHub2 is expanding beyond technology services to deliver other business services to support the Bank's growth ambition. We are looking for talented and motivated individuals to be part of the pioneer team spearheading the development and delivery of the new services.
TheCompliancefunction is a strategic partner and a trusted business enabler to the Board and senior management. It is our responsibility to ensure that the Group continuously fulfils its regulatory obligations in today's tight and dynamic regulatory landscape. To do that, we work closely with internal stakeholders to identify and to assess regulatory risks. This collaboration also includes developing practical solutions that integrate regulations into operational requirements as well as actively shaping and promoting stronger compliance culture and literacy in the Bank.
Job ResponsibilitiesTo ensure timely assignment of alerts / UARs arising from:UARs triggered by Money Mule DA model,
UARs triggered due to government subpoena or search warrant, production orders from Singapore law enforcement agencies,
Prompt escalations on unusual AML/CFT alerts to the Singapore onshore team for high prioritization of such cases/ alerts; and
Notifying the Onshore team on alerts having potential money laundering risk arising from other relevant sources (e.g. adverse news reported in media or government subpoena or search warrant, production orders from law enforcement agencies).To ensure the team has timely submitted suspicious transaction/activity reports to the onshore compliance team in Singapore, to facilitate timely reporting to relevant law enforcement authorities or Financial Intelligence Units as required by the AML/CFT legislative and regulatory requirements.
To support the team of Transaction Surveillance Unit in Malaysia and Singapore to continuously strengthen and develop the transaction surveillance and investigation framework within the UOB group.
To identify and provide the Singapore onshore team with relevant and emerging AML/CFT risk issues from the analysis of Suspicious transaction/activity reports submitted.
Job RequirementsMinimum 8 to 10 years of experience in intelligence/investigation related work
Good knowledge/understanding of banking and financial services laws and regulations, compliance best practices and understanding of financial products and systems.
Strong interpersonal, communication and presentation skills.
Excellent analytical and problem-solving skills.
Be a part of UOB FamilyUOB 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