First Vp - Anti-Money Laundering Advisory

Job Responsibilities

The successful candidate will be part of the Group Compliance, AML Advisory - Program Management team and the key responsibilities are as follows:

• Support Head, AML/CFT, Sanctions Policy, Advisory & Training in delivering and support UOB AML projects and Group Compliance (GC)’s framework agenda.
• Lead the management of complex transformation project through its entire lifecycle - from strategy formulation through to execution and monitoring.
• Provide SME advice and collaborate with relevant stakeholders and in the review and development of AML related controls and processes, relating to customer life-cycle such as onboarding, on-going monitoring and alert management to ensure risks are effectively identified, mitigated.
• Ensure the controls and processes designed are compliance with the regulatory and Group’s AML / CFT policies and procedures.
• Partner with key stakeholders to ensure that projects are progressing in accordance with agreed milestones. Provide key updates on AML/CFT related project matters to the respective governance forums and committees.
• Draw linkages between projects and demonstrate design thinking in proposing efficiency and effectiveness recommendations across projects.
• Highlight gaps and provide objective recommendations to troubleshoot project misalignments, remove redundancies and overlaps.
• Support and work with relevant internal stakeholders to track and ensure all requirements are fully embedded and respective departments procedures.
• Contribute to the maintenance of Group AML/CFT policies and procedures to ensure its effectiveness and relevancy to laws, regulations and best practices.
• Provide guidance and support to junior member within the team.
• Any other support as required by the Head, AML/CFT, Sanctions Policy, Advisory & Training from time to time.

Job Requirements

The successful candidate will be part of the Group Compliance, AML Advisory - Program Management team:

• Degree or professional qualification in business or banking/financial services related areas.
• Has minimum 10-15 years of relevant work experience in managing regional group wide projects in the banking or financial services industry. Knowledge of anti-financial crime compliance or risk management preferred.
• Past experience in program / change management in AML/CFT Compliance function will be an advantage.
• Enterprise understanding across Retail, Corporate and Private Banking segments Client lifecycle journey will be needed.
• Past advisory experience working on similar project in a bank will be needed.
• Good knowledge/understanding of banking and financial services laws & regulations, compliance best practices and understanding of financial products & systems.
• Ability to work effectively, under pressure, in a rapid changing environment, as well as autonomously and as an effective member of a dynamic team.
• A team player possesses strong interpersonal, stakeholder management, analytical and problem-solving skills. Adapt to evolving stakeholder expectations.