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
SVP, Head of Control Emerging Affluent Segment (AML2.0)
Company:** UOB (Thai) Public Company Limited
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Job Summary
The SVP, Head of Control Emerging Affluent Segment (AML2.0) is a pivotal leadership role responsible for overseeing and enhancing the Anti-Money Laundering (AML) and financial crime control framework specifically tailored for UOB (Thai)'s Emerging Affluent customer segment. This role ensures robust compliance with evolving regulatory requirements (AML 2.0 initiatives) while facilitating sustainable business growth within this key segment.
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Job Responsibilities
* **Strategic AML Control Leadership:** Develop, implement, and continuously refine the AML and financial crime control strategy for the Emerging Affluent Segment, ensuring alignment with UOB Group policies, local regulations (Bank of Thailand), and global best practices, particularly in the context of "AML 2.0" advancements.
* **Risk Management & Mitigation:** Identify, assess, monitor, and report on AML/CFT risks pertinent to the Emerging Affluent Segment. Develop and execute effective mitigation strategies, including process enhancements, system improvements, and staff training.
* **Regulatory Compliance:** Ensure strict adherence to all AML/CFT laws, regulations, and guidelines, including suspicious transaction reporting (STR) obligations, customer due diligence (CDD), enhanced due diligence (EDD), and sanctions screening for the Emerging Affluent customer base. Proactively prepare for and address regulatory changes and audits.
* **Policy & Procedure Development:** Lead the development and implementation of comprehensive AML/CFT policies, procedures, and controls specifically designed for the unique characteristics and risks associated with the Emerging Affluent Segment.
* **Team Leadership & Development:** Build, lead, mentor, and manage a high-performing team of AML professionals, fostering a strong compliance culture and ensuring continuous professional development.
* **Stakeholder Engagement:** Collaborate closely with various internal stakeholders including Business Heads, Product Teams, Operations, Legal, Compliance, and Technology to embed effective AML controls into business processes and product offerings for the Emerging Affluent Segment.
* **Technology & Data Enhancement:** Drive the adoption and optimization of AML monitoring systems, data analytics, and technological solutions to enhance the efficiency and effectiveness of control measures within the segment.
* **Reporting & Governance:** Prepare and present regular reports on AML performance, risks, and control effectiveness to senior management, relevant committees, and regulatory bodies as required.
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Job Description
To lead and oversee AML control functions, business risk management, and conduct oversight for the Affluent segment. This role ensures robust governance, regulatory compliance, and ethical business practices, while driving strategic initiatives to strengthen the bank’s control environment.
AML Controls
- Lead the execution of AML case reviews and ensure alignment with regulatory standards and internal policies.
- Oversee KYC review processes and ensure quality assurance across the team.
- Assess customer AML/CFT risk and recommend strategic actions to mitigate risks.
- Engage with front-line teams to ensure timely and accurate updates of customer KYC information.
- Review transaction reports and adverse news to determine potential money laundering risks and recommend account actions.
- Ensure proper documentation, audit readiness, and governance of AML reviews.
Business Controls
- Drive the implementation of business control frameworks across the responsible segment.
- Identify control gaps and lead cross-functional initiatives to address risks and strengthen operational resilience.
- Provide strategic input to senior management on control-related matters and emerging risks.
Sales & Conduct Risk
- Oversee conduct risk management and ensure sales practices are aligned with regulatory expectations and internal standards.
- Promote a culture of integrity, customer-centricity, and responsible selling and Ensure work is conducted in accordance with the rules.
- Monitor and escalate conduct issues, and lead initiatives to enhance ethical behavior and compliance awareness.
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United Overseas Bank (Thai)
