Job description

Job Description

Anti-Financial Crime – Investigation and Intelligence is responsible to (a) investigate into cases arising from designated AFC surveillance solutions, at the instruction of relevant senior(s), and from other approved channel(s); (b) receive, retrieve, process and make sense of information and intelligence for AFC purpose; and (c) own policies, procedures, guidelines, processes and controls to ensure that the above operate at an adequate level as prescribed by the Bank.

A key objective of AFC I&I is to drive an effective framework for the Bank to identify and investigate into complex, unusually large or unusual patterns of transactions and/or behaviors. It is responsible for discharging regulatory requirement on the Bank to disclose suspicious behavior, and to work with relevant stakeholders on risk management, at both customer, portfolio and Bank level as a result of its outputs and relevant environmental scanning.

Job Description

- To ensure timely review of alerts from Group approved AML transaction monitoring system(s), escalations on suspicious AML/CFT activities from business/support units and cases arising from other relevant sources (e.g adverse news in media).

- To ensure timely submission of suspicious activity/transactions reports to the relevant law enforcement authorities or Financial Intelligence Units as required by the AML/CFT legislative and regulatory requirements.

- To support the Team Lead of Transaction Surveillance Team in continuously strengthening and developing the transaction surveillance and intelligence framework within the UOB Group.

- To provide relevant and emerging AML/CFT risk issues from analysis of suspicious activity/transactions reports submitted.

Key Responsibilities

- Ensure reviews into the alerts triggered by Group approved AML transaction monitoring system(s), escalations on suspicious AML/CFT activities from business/support units and cases arising from other relevant sources (e.g adverse news in media) are in accordance to Group standards.

- Prepare and submit suspicious activity/transactions reports to the relevant local law enforcement authorities or Financial Intelligence Units in accordance to AML/CFT legislative and regulatory requirements and Group standards.

- Provide relevant advisories to business/support units and other AML/CFT teams on matters arising from reviews and investigations conducted by the unit.

- Perform analysis of suspicious activity/transaction reports to identify AML/CFT risk trends to support appropriate actions to strengthen AML/CFT controls in the Group.

- Ensure proper documentation and record keeping of reviews and investigation cases in accordance to Group standards.

- Provide inputs and support to strengthen the transaction surveillance and intelligence operating framework and procedures across the Group.

Job Requirements

- Minimum 5 years of experience in intelligence/investigation related work, preferably with prior experience in handling reviews of retail and corporate accounts.

- Good knowledge/understanding of banking and financial services laws and regulations, compliance best practices and understanding of financial products and systems.

- Strong Interpersonal, communication and presentation skills.

- Experience intelligence/investigation-related work.

- Excellent analytical and problem-solving skills.

Additional Requirements