SOW Maker, AML Ops (Contract)
Posted 4 days ago by United Overseas Bank
Negotiable
Undetermined
Undetermined
Singapore
Summary: The role of SOW Maker in AML Ops at UOB involves conducting periodic and ad hoc Anti-Money Laundering (AML) reviews for retail banking individual customers. The position requires enhanced due diligence for higher risk customers, focusing on their Source of Wealth (SOW) and ensuring compliance with KYC requirements. This is a contract position for one year, emphasizing teamwork and effective communication skills. The candidate will play a crucial role in identifying gaps in customer profiles and ensuring transaction alignment with customer profiles.
Key Responsibilities:
- Perform periodic and ad hoc AML reviews (Inclusive of Post-STR) on the existing Retail Banking Individual Customers and obtaining 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 on required information to address the STR red flag or SOW gaps.
- Ensure transactions reviewed are in line with customer's profile.
Key Skills:
- 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.
Salary (Rate): undetermined
City: Singapore
Country: Singapore
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Finance
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.
Job Description
Manager/AVP, SOW Maker, AML Ops (Contract 1 Year)
- Perform periodic and ad hoc AML reviews (Inclusive of Post-STR) on the existing
- Retail Banking Individual Customers and obtaining 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 on required information to address the STR red flag or SOW gaps
- Ensure transactions reviewed are in line with customer's profile
• Perform periodic and ad hoc AML reviews (Inclusive of Post-STR) on the existing
Retail Banking Individual Customers and obtaining 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 on required information to address the STR red flag orSOW gaps
• Ensure transactions reviewed are in line with 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
Additional Requirements
Be a Part of the 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.
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