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
AVP, Business Risk and Compliance (AML 2.0)
Job Summary
We are seeking an Assistant Vice President (AVP) for BRCM Assurance, specializing in AML 2.0, to ensure robust anti-money laundering controls and compliance within UOB (Thai). This role involves providing critical oversight and assurance activities related to our AML framework and its implementation.
Job Responsibilities
- Lead and execute independent assurance reviews and testing of AML 2.0 controls, processes, and systems to assess effectiveness and adherence to regulatory requirements and internal policies.
- Develop and implement comprehensive assurance plans for AML 2.0, identifying key risk areas and tailoring methodologies to ensure thorough coverage.
- Analyze complex AML data and control reports to identify trends, weaknesses, and potential gaps in the AML framework.
- Prepare detailed assurance reports, highlighting findings, recommending practical and effective remediation actions, and tracking their implementation.
- Collaborate closely with internal stakeholders, including Compliance, Operations, and Technology teams, to understand AML 2.0 implementation challenges and provide guidance on control enhancements.
- Stay abreast of evolving AML regulations, industry best practices, and technological advancements, particularly those related to AML 2.0, and integrate this knowledge into assurance activities.
- Participate in regulatory examinations and internal audits related to AML, providing necessary documentation and explanations.
- Contribute to the continuous improvement of the BRCM Assurance framework and methodologies.
- Mentor and provide guidance to junior team members on AML assurance principles and practices.
Job Qualifications
- Bachelor's degree in Finance, Accounting, Law, Business Administration, or a related field. A Master's degree or relevant professional certification (e.g., CAMS, ICA Diploma in AML) is a significant advantage.
- Minimum of 7 years of experience in AML compliance, risk management, internal audit, or assurance roles within the financial services industry.
- Demonstrable expertise and in-depth understanding of AML 2.0 concepts, regulatory requirements (e.g., FATF recommendations, local AML laws), and industry best practices.
- Proven experience in designing and executing control testing, risk assessments, and assurance reviews related to AML.
- Strong analytical skills with the ability to interpret complex data, identify control deficiencies, and formulate actionable recommendations.
- Excellent written and verbal communication skills, with the ability to present complex information clearly and concisely to diverse audiences.
- Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment.
- Strong interpersonal skills with the ability to build effective working relationships with various stakeholders.
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint). Experience with data analytics tools is a plus.
Remark: The Bank requires the checking and collection of criminal records for candidates of this position in order to verify qualifications and/or disqualifications for the job position in accordance with the Bank's policy.
Additional Requirements
Develop, Engage, Execute, Strategise
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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