United Overseas Bank

Regional bank offering data-driven financial solutions

Executive Director - Head of BRCM AML, Group Retail

Financial Crime & AMLConfirmed live in the last 24 hours

Full-timeSingaporeNo salary listedIn-person

About the Job

Requirements

At least 15 years of experience in financial services related to anti-money laundering risk and regulatory compliance.
Proven leadership and people-management skills.
Strategic thinking, analytical ability, and a results-oriented approach.
Strong stakeholder-management skills.

Responsibilities

Exercise risk oversight and ensure end-to-end activities are consistent with the Group’s business strategy and risk appetite to proactively manage anti-money laundering risk.
Design processes and controls for Group Retail anti-money laundering activities across frontline sales, product teams, digital channels, operations units, and support units.
Design metrics to measure anti-money laundering portfolio risks and oversee the Anti-Money Laundering Enterprise-Wide Risk Assessment and Anti-Money Laundering Control Self-Assessment.
Provide timely, independent advisory support, guidance, and training to Group Retail business units.
Review and endorse customer onboarding and relationship retention.
Conduct impact analysis and operationalize controls for new regulatory requirements within stipulated timelines to prevent regulatory breaches caused by inappropriate controls.
Perform independent quality assurance reviews through thematic testing and required transaction reviews to assess the effectiveness of control frameworks.
Act as the central liaison with Line 2 and Line 3 to discuss policy and framework matters and use data to improve process efficiency.
Manage audit and compliance reviews and drive remediation of identified gaps.
Act as secretariat for the Group Retail Anti-Money Laundering Forum and related panels.
Manage a team specializing in anti-money-laundering advisory and assurance.
Ensure all BRCM staff complete required competency training and oversee mandatory training conducted by business units.

Company: 1011 United Overseas Bank Ltd

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

The role of Line 1 AML Advisory and Assurance is to work with Line 2 and Line 3 to jointly operationalize the risk and controls frameworks. Given the heightened risks, this role will require someone who can think out-of-the-box to challenge existing processes and better leverage data analytics to proactively manage the risks.

Focus on proactive AML risk management by exercising risk oversight and ensuring end-to-end activities are consistent with the Group’s business strategy and risk appetite.
Responsible for process and control design of Group Retail AML activities spanning the different BUs from frontline sales, product teams, digital channel, operations units and support units.
Design metrics to measure AML portfolio risks and oversee the AML Enterprise Wide Risk Assessment and AML Control Self Assessment.
Provide timely and independent advisory support and guidance, training to the BUs within Group Retail.

This includes:

Reviewing and endorsing the customer onboarding and retention of relationships
Thorough impact analysis and operationalization of controls for new regulatory requirements within stipulated timelines and prevent regulatory breaches due to inappropriate controls
Perform independent quality assurance reviews through thematic testing and required transaction reviews to ensure effectiveness of control frameworks
Central liason with Line 2 and Line 3 for discussion on policy and framework matters to continuously push boundaries by thinking out-of-the-box to leverage data to make the processes more efficient. Manage audit and compliance review and drive remediation for identified gaps.
Act as secretariat for Group Retail AML Forum and other related panels

Team responsibilities

Manage a team that specialises in AML advisory and assurance
Training: Ensure that all BRCM staff complete the required competency trainings set out by GC; Conduct and maintain oversight on mandatory trainings to be conducted by BU

Job Requirements

At least 15+ years of experience in financial services, related to AML risk and regulatory compliance
Proven leadership and people management skill
Stratgic thinking, analytical and result-oriented
Strong stakeholder management

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.

Apply now and make a Difference

About the Company

United Overseas Bank

Regional bank offering data-driven financial solutions

UOB provides financial services to people and businesses across ASEAN through a broad regional network and a single-bank model. It tailors products using data and relationship insights across personal banking, business banking, and wealth management, linking customers to opportunities in the region. Its approach combines an integrated, ASEAN-focused network with a commitment to responsible and sustainable outcomes that support growth. The goal is to help people and businesses in the region grow, while advancing inclusiveness and environmental well-being.

Company size: Not listed
Company stage: IPO
Headquarters: Singapore, Singapore
Founded: 1935

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