SO,Financial Crime Investigator,Fin Rptg

UOB

Malaysia, Kuala Lumpur

1-3 Years

This job is no longer accepting applications

Posted 3 months ago

Job Description

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

The Financial Crime Investigator is responsible for conducting post-Suspicious Transaction Report (post-STR) and trigger event reviews, analyzing transactions and customer behavior, and identifying potential red flags of financial crime. The role involves evaluating adverse media findings, assessing ongoing customer risk, and making recommendations on the continuation or termination of business relationships, in line with AML/CFT regulations and the bank's risk appetite.

Key Responsibilities

1) Post-STR & Trigger Event Reviews

Conduct reviews following the filing of STRs to assess ongoing customer activity and risk.
Investigate trigger events such as significant changes in customer behavior, high-risk activity patterns, or risk reclassifications.
Document findings and maintain audit-ready case files.

2) Transaction & Behavioral Analysis

Analyze customer account activity, transaction flows and behavioral trends to identify unusual or suspicious patterns.
Assess whether activities align with the customer's known profile and business nature.
Identify money laundering and terrorism financing typologies relevant to the bank's operations.

3) Adverse News Analysis

Review and assess negative media and public domain information related to customers and beneficial owners.
Determine the credibility and relevance of adverse information and its impact on the customer's risk profile.
Escalate significant findings for decision-making and potential regulatory reporting.

4) Customer Relationship Decisions

Make recommendations on whether to maintain, restrict, or exit customer relationships based on investigation outcomes.
Liaise with Relationship Managers and relevant stakeholders to communicate risk concerns and final decisions.

5) Internal & Management Reporting

Prepare periodic internal reports on key risk indicators, investigation outcomes and financial crime trends.
Support management reporting to highlight emerging risks and case statistics.

6) Collaboration & Advisory

Work closely with Compliance, Risk and Front-line teams to gather information for reviews.
Provide guidance to business units on risk indicators and AML/CFT requirements.

7) Risk & Process Improvement

Contribute to the refinement or investigation and review procedures.
Share insights on emerging risks and typologies with colleagues to enhance the bank's AFC framework.

Job Requirements

Bachelor's Degree in Finance, Accounting, Law, Criminology, Business or related fields.
Professional AML/CFT certifications (e.g., CAMS, ICA Diploma/Certificate in AML) preferred.
Minimum 1-3 years of experience in financial crime investigation, AML/CFT, or compliance, or related financial services role.
Experience in post-STR reviews, trigger event investigations, or adverse media screening preferred.
Strong investigative, analytical and decision-making skills.
Financial analysis or financial auditing skills to assess complex transaction patterns.
Good understanding of AML/CFT regulations, FATF recommendations, Bank Negara Malaysia (BNM) guidelines and Monetary Authority of Singapore (MAS) requirements.
Proficiency in Microsoft Excel, Word and PowerPoint; familiarity with AML tools is an advantage.
Excellent written and verbal communication for stakeholder engagement and case documentation.
Ability to handle sensitive cases discreetly and meet tight datelines.

Additional Requirements

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

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