Assistant VP/ Manager, AML Investigation, TriagePosting Date: 3 Sep 2024
Location: Kuala Lumpur, Wilayah Persekutuan
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.
As part of the InnoHub2 team, you will have the opportunity to work on Group initiatives and gain regional business exposure. We are dynamic, passionate and purposeful about delivering trusted financial solutions that enable business growth. An exciting career progression with varied opportunities awaits you at IH2. Come grow your career with us.
Job ResponsibilitiesThe Compliance function 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 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.
Conduct initial reviews of potential suspicious activity identified through transaction monitoring or other AML surveillance activities
Categorize and prioritize alerts based on risk level, complexity, and other factors
Assign priority levels (e.g., high, medium, low) and make recommendations for further investigation or clearing
Document findings and rationale for triage decisions
Collaborate with senior investigators and management to ensure effective investigation and reporting of suspicious activity
Stay up-to-date with changing AML regulations, industry trends, and emerging risk
Continuously review and improve triage processes and procedures
Job RequirementsMin 5 years of experience in AML investigations, transaction monitoring, or related field
Strong understanding of AML regulations, industry standards, and best practices
Excellent analytical and problem-solving skills
Ability to work independently and collaboratively
Strong communication and documentation skills
Bachelor's degree in a relevant field
Nice to Have:
Professional certification (e.g., CAMS, CFE)
Experience with AML software and systems
Knowledge of financial products and services
Experience in investigation or law enforcement
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