About the role
AI summarisedThe Source of Wealth (SOW) Reviewer is a middle office role within UOB's Anti Money Laundering Controls team, responsible for ensuring KYC reviews comply with bank policies, assessing AML/CFT risks, and guiding team members. The role involves reviewing customer information, transaction reports, and adverse news to mitigate 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.