Ongoing KYC Review Specialist - Private Banking

About UOB

United Overseas Bank Limited (UOB) is a prominent Asian bank with a presence spanning over 80 years. It operates through more than 500 branches and offices across 19 countries in Asia Pacific, Europe, and North America. Guided by values of honor, enterprise, unity, and commitment, UOB aims to build sustainable success for its customers and stakeholders.

About the Role

Within UOB Private Bank, focusing on clients with investment assets of $5 million and above, the KYC Client Ongoing Review Team is part of the Private Bank COO Office's Middle Office division. This team is responsible for continual due diligence of client relationships to ensure alignment with Private Banking objectives and compliance with AML regulations and business risk appetite.

Key Responsibilities

• Conduct thorough quality reviews for periodic ongoing KYC reviews aligned with UOB AML policies and Private Bank Middle Office procedures.
• Complete assigned ongoing reviews within stipulated deadlines.
• Independently evaluate ongoing reviews previously closed conditionally to determine closure or escalation plans.
• Provide timely, clear guidance to stakeholders and efficiently manage escalations.
• Identify opportunities for process improvements and propose effective solutions.
• Contribute to AML-related projects as content expert or stakeholder.
• Generate management reports on critical operational risk matters.
• Ensure zero recurrence of review findings from internal or external audits and compliance checks.

Candidate Requirements

• Demonstrated ability to manage multiple priorities effectively in a dynamic environment.
• Exceptional organizational skills with careful attention to detail.
• Ability to deliver solutions efficiently within time constraints.
• Analytical thinker capable of lateral reasoning, research, and data/document analysis.
• Strong written and verbal communication abilities; adaptable and hands-on approach.
• Proficient user of Microsoft Office suite including Excel, PowerPoint, and Word.
• Collaborative team player, self-driven, diligent, and adept at managing time to meet objectives.
• Minimum of 3 years experience in AML roles focused on client onboarding or ongoing reviews within Private Banking, with solid familiarity with MAS626 or comparable international AML/CFT standards.
• Bachelor’s degree in Finance, Banking, or related discipline.

Additional Information

UOB is committed to equal employment opportunity. Employment decisions are made without regard to age, race, gender, religion, sexual orientation, disability, or other non-merit factors. If accommodation is needed during recruitment, applicants are encouraged to notify UOB when applying.