VP / Assistant VP, Manager / Senior Officer, Commercial Banking AML / KYCLocation: Kuala Lumpur, Wilayah Persekutuan
Company: UOB Innovation Hub 2 Sdn. Bhd.
About UOB
United 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, guided by The UOB Way, which 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 department
UOB 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.
About the role
The selected candidate will be a part of the team providing advisory guidance in compliance with relevant AML/CFT and Sanctions requirements pertaining to Commercial Banking (CMB) customers due diligence (CDD) program. This includes incorporating customer identification and verification (ID&V), know your customer (KYC), anti-money laundering (AML) principles and Sanctions oversight to meet regulatory requirements and help grow the business.
Responsibilities
AML and KYC related advisoriesEnsure timely follow-up to queries from business unit (BU)
Provide accurate and up-to-date KYC / CDD information to BU
Act as the liaison contact between BU and Compliance on all AML/CFT and Sanctions matters.
Follow up on directives from Compliance to ensure business unit adherence
Clear alert screening hits encountered by BU in a timely manner
Ensure oversight on segment transfer customers that all CDD documents are accurate, valid and in correct orderCompliance EscalationsSummarize case and issues of concern, with appropriate escalation to Compliance for further concurrence
Track and ensure such escalations are handled promptly by business unit, post Compliance's endorsementEnsure data accuracy in systems and documentation
Extract data from worksheets and reports for distribution to respective Business segments for necessary follow-up actions
Assist BUs to respond to various CDD enquiries, which may originate from local authorities or from correspondent banks, regarding client's profile
Assist the Team Leader in providing regular statistics and presentations for updating Senior Management
Participate in ad-hoc assignments and projects, e.g., audit, user acceptance testing, etc. where required
Requirements
Holder of Tertiary education and above
Prior working experience in KYC / CDD roles is advantageous
Detail-oriented, yet able to think flexibly and independently to resolve problems
High degree of knowledge in MAS 626 regulations and associated regulatory requirements for AML/CFT and Sanctions
Emotionally mature and able to communicate maturely and independently with various stakeholders within the Bank
Comfortable with handling data, and able to perform functions on Excel, such as VLookup, Pivoting and generating various graphs/charts
Attentive to details with a strong interest in developing a career as a KYC / CDD specialist
Good command of both written and spoken English; ability to speak/read additional languages is an advantage
Able to raise sensitive or potentially contentious issues constructively to arrive at appropriate solutions
Self-driven and a team player with strong interpersonal skills to communicate, influence and negotiate
Certification as an AFC specialist (e.g., CAMS / Diploma in AML, Governance and Risk) from a recognized institution is advantageous#J-18808-Ljbffr