Deputy Team Lead (VP2), Wholesale AFC - BB… at UOB Group · Kuala…

Deputy Team Lead (VP2), Wholesale AFC - BB AML/KYC Location: The Gardens North Tower Company: 6255 UOB Innovation Hub 2 Sdn Bhd 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 Job Description 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 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. 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 enables business growth. An exciting career progression with varied opportunities awaits you at IH2. Come grow your career with us. UOB Group Wholesale Banking helps companies and institutions optimize their business operations and cash flow, manage risks, expand into new markets, and manage their capital needs by providing tailored financial solutions, services, and sector insights. We help develop trusted relationships and partnerships by focusing on our clients’ long-term interests and helping them to meet their strategic objectives. Our unique combination of local, in-country presence and expertise, astute Asian market insights and regional network connectivity enables us to help unlock Asia’s potential for our clients. Job Summary** Responsible for leading and overseeing the Anti-Money Laundering (AML) and Know Your Customer (KYC) processes within the Wholesale Banking division, ensuring compliance with regulatory requirements and internal policies for UOB Innovation Hub 2 Sdn Bhd. Job Responsibilities** * Develop, implement, and maintain robust AML/KYC policies, procedures, and controls for the Wholesale Banking business, aligning with local and international regulatory standards. * Lead a team of AML/KYC professionals, providing guidance, training, and performance management to ensure high standards of work and continuous improvement. * Oversee the end-to-end KYC onboarding and periodic review processes for wholesale clients, ensuring timely and accurate completion of due diligence. * Conduct enhanced due diligence (EDD) for high-risk clients and complex structures, identifying and mitigating potential financial crime risks. * Collaborate closely with business units, legal, compliance, and risk management teams to provide expert advice on AML/KYC matters and facilitate seamless client engagement. * Investigate and escalate suspicious activities or transactions, filing Suspicious Transaction Reports (STRs) or Suspicious Activity Reports (SARs) as required. * Stay abreast of evolving AML/CFT regulations, industry best practices, and emerging risks, recommending and implementing necessary adjustments to existing frameworks. * Participate in internal and external audits, regulatory examinations, and provide necessary documentation and explanations. * Develop and deliver AML/KYC training programs to relevant stakeholders within the Wholesale Banking division. * Contribute to the strategic development and implementation of AML/KYC technology solutions and process enhancements. Job Qualifications** * Bachelor's degree in Finance, Business Administration, Law, or a related field. Master's degree or professional certifications (e.g., ACAMS, ICA) are highly desirable. * Minimum of 8-10 years of experience in Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance within the financial services industry, with a strong focus on wholesale banking or corporate banking. * Proven track record of leadership and managing a team of AML/KYC professionals. * In-depth knowledge of local and international AML/CFT regulations, including but not limited to the Financial Action Task Force (FATF) recommendations. * Strong understanding of complex corporate structures, beneficial ownership, and various wholesale banking products and services. * Excellent analytical, problem-solving, and decision-making skills with the ability to identify and assess financial crime risks. * Exceptional communication and interpersonal skills, with the ability to effectively engage with stakeholders at all levels. * Ability to work under pressure, manage multiple priorities, and meet deadlines in a fast-paced environment. * Proficiency in AML/KYC screening tools and systems is an advantage. Any Adhoc Tasks 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. Apply now and make a Difference