Transaction Surveillance

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.
About the Department
The Compliance function is a strategic partner and a trusted business enabler to the Board and senior management. It is our responsibility to ensure that the Group continuously fulfils its regulatory obligations in today's tight and dynamic regulatory landscape. To do that, we work closely with internal stakeholders to identify and to assess regulatory risks. This collaboration also includes developing practical solutions that integrate regulations into operational requirements as well as actively shaping and promoting stronger compliance culture and literacy in the Bank.
Job Responsibilities
Analyze large data sets to discover transactional pattern, examine financial data and filter for targeted information using traditional as well as advanced analytical methodologies.
Conduct further investigation into reports of suspected money laundering activities and to provide recommendations to Head Compliance/AML Team Head on the validity, the timeliness and the need for reporting to relevant authorities, where appropriate; ensure a speedy and appropriate reaction to any matter in which money laundering or terrorist is suspected; other AML and sanction related tasks as assigned by Head of Compliance/AML Team Head where applicable.
Oversee and conduct special and complex AML/CFT/Sanction related investigations across multiple business units - in Vietnam and across the UOB Group.
Lead and carry out intelligence and typology driven investigations.
Collaborate with law enforcement and other banks to address large scale or sensitive financial crimes including ML&TF.
Prepare and built relevant procedures for effective control.
Facilitate and/or provide training to the Bank staffs on AML/CFT/Sanction-related issues/requirements.
Review and calibrate (where applicable) parameters/thresholds for continuous monitoring of the Bank's customers' activities. Establish an escalation protocol and/or the reporting of UAR/STR to ensure that regulatory reporting requirements are complied with.