Assistant VP, Anti-Financial Crimes Sanctions, Group Compliance
UOB Singapore Full-time
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.
About the Department
The 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 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 Responsibilities
The successful candidate will be part of the Group Compliance, Sanctions Policy, Advisory and Training
team. Key responsibilities are as follows:
- As the subject matter expert, this individual will provide advice/collaborate with Business and AML Business Compliance officers in the development of Sanctions controls, processes and procedures to ensure risks are effectively identified and mitigated. Reference to Sanctions shall include Defence and Dual Use Goods, and Export Controls, as applicable.
- Reviews and contributes to the maintenance of Group Sanctions policies and procedures to ensure its effectiveness and relevancy to laws, regulations and best practices.
- Provide consistent advice, interpretation and implementation of Group Sanctions procedure.
- Provide key updates on Sanctions related matters to the respective business forums and committees.
- Work alongside Business and Business Compliance Officer in the management of Sanctions controls and risk
- Monitors development on related Sanctions laws, regulations and risk trends
- Handles internal and external audits and reviews.
- Provide support and participate in Sanctions/regulatory-related projects.
- Provide Sanctions view in relation to name and transaction screening.
- Partake in policy decision on list management, screening approaches and like.
- Any other support as required by the Head of Sanctions Policy, Advisory and Training from time to time
- Degree or professional qualification in business or banking/financial services related areas.
- At least 7 years of relevant work experience preferably in AML/CFT/Sanction compliance function.
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.
Apply now and make a difference.
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