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UOB

Source of Wealth(SOW)Reviewer

UOB
BusinessCentral Region (City Area)Full-time2 weeks ago
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About the role

AI summarised

The Source of Wealth (SOW) Reviewer is a compliance role at United Overseas Bank (UOB), a leading Asian bank. The position involves ensuring KYC reviews comply with bank policies, assessing AML/CFT risks, reviewing team members' work, and evaluating transaction reports for money laundering risks.

BusinessFull-timeGeneral

Key Responsibilities

  • Ensure all KYC reviews performed comply with the bank's established policies, procedures, and controls.
  • Assess customer's AML/CFT risk and recommend action to mitigate the risk, where required.
  • Ensure timely follow up with front liners/touchpoints on the updated of KYC info of customers for every AML review.
  • Guide and review the team members' KYC reviews to ensure the quality of review.
  • Ensure proper documentation and record keeping of reviews.
  • Assess transaction reports for potential money laundering risks and make recommendation on account relationship.
  • Assess materiality of adverse news.

Requirements

Requirements were not listed in the extracted data for this post.