Assistant VP/Manager, Know Your Customer (KYC) Officer, Group Wholesale Banking
UOB
- Singapore
- Permanent
- Full-time
- Perform AML/KYC (onboarding and periodic review) on corporate and individual customers and in compliance with the banks' AML/CFT internal policies and processes.
- Conduct name screening and perform review and disposition of hits. Escalate material hits, where applicable for further clearance.
- Ensure data accuracy in systems and documentations, including following up with request for information (RFIs).
- Identify accounts with AML/CFT concerns and escalate any suspicious activities from the due diligence review.
- Track, monitor and manage case turnaround time, case volume and ensuring that there are no overdue cases, as well as providing regular statistics for management reporting.
- Providing advisory support to the BUs/RMs in CDD related matters, where applicable.
- Ensure appropriate approvals are obtained for any exceptions or deferment as stipulated per internal requirements.
- Prepare monthly management reports.
- Proactively participate in assigned projects that promote client value, operational efficiency, and innovation.
- Ensuring that the quality of reviews and documentation comply with the standards and requirements of the banks' internal compliance policies.
- Maintaining a robust and well documented control environment that is audit ready.
- Minimum 5 years financial crime experience and at least 3 years of experience in conducting KYC reviews (onboarding and periodic review) within financial industry covering Corporate and Individual customers.
- In-depth knowledge of MAS regulatory requirements / expectations and industry best practices.
- Strong communication and interpersonal skills with the ability to collaborate and communicate effectively with various stakeholders.
- Strong planning and time management skills.
- Excellent organizational skills and ability to manage multiple tasks concurrently.
- Tertiary Qualification or equivalent preferred