Job Description

VP, AFC Advisory Risk & Governance, Group Compliance

Posting Date: 08-Feb-2023

Location: Singapore (City Area), Singapore, 048624

Company: United Overseas Bank Ltd

Vice President, Grp AML Policy, Advisory and Training, Risk & Governance, Group Compliance

Job Responsibilities:
The successful candidate will be part of the Group Compliance, AML 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 AML controls, processes and procedures to ensure risks are effectively identified and mitigated.
• Reviews and contributes to the maintenance of Group AML/CFT policies and procedures to ensure its effectiveness and relevancy to laws, regulations and best practices.
• Provide consistent advice, interpretation and implementation of Group AML/CFT procedure.
• Provide key updates on AML/CFT related matters to the respective business forums and committees.
• Work alongside Business and Business Compliance Officer in the management of AML/CFT controls and risk
• Monitors development on related AML/CFT laws, regulations and risk trends
• Handles internal and external audits and reviews.
• Provide support and participate in AML/regulatory-related projects.
• Any other support as required by the Head of AML 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.
• Experience in the management of Enterprise Wide Risk Assessment, Product Risk Assessment, and like Policies and Framework is a strong advantage.
• A team player, strong interpersonal, communication and presentation skills; must have a go getter mindset.
• 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
• Possesses good analytical and problem-solving skills
• Able to work on multiple assignments
• Self-driven, meticulous and able to operate expeditiously

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