The AML Reviewer is responsible for conducting independent and risk‑based Anti‑Money Laundering (AML) and Counter‑Financing of Terrorism (CFT) reviews on Affluent Client Group (ACG) customers, in accordance with MAS AML/CFT Notices, UOB Group policies, and internal governance standards.

The role serves as a key control function within the ACG Middle Office, providing effective challenge over client due diligence, source of wealth/source of funds assessments, and transactional behaviour to ensure that AML risks are appropriately identified, assessed, mitigated, and escalated.

Key Responsibilities

1. Onboarding and Enhanced Client Due Diligence (ECDD) Reviews

Perform periodic, event‑driven, and trigger‑based reviews on ACG customer accounts.

Independently assess the adequacy, completeness, and reasonableness of:

Client identification and profile information

Source of Wealth (SOW) and Source of Funds (SOF)

Declared occupation, business activities, and investment rationale

Ensure AML risk ratings are accurate, risk‑sensitive, and supported by documented justification.

Identify inconsistencies between customer profile, wealth accumulation, and observed account activity.

Track and monitor that the Client Advisor return the responses to customer outreach effort within prescribed turnaround time given and ensure that the overall length of review are kept within the agreed timelines.

Maintain productivity rate based on cases of completion as per ACG preset standards

Provide BU approvers with account strategy recommendation and justification for any mitigating controls

2. Transaction & Behavioural Risk Review

Review transactional patterns and account activity against customer risk profile.

Assess plausibility of large, unusual, or complex transactions common in affluent banking.

Identify red flags relating to:

Cross‑border activity

Offshore exposure

High‑risk jurisdictions or products

Escalate suspicious or unexplained activity to Group Compliance / Business Risk & Control Management team for further assessment where required.

3. Independent Challenge & Escalation

Provide objective and professional challenge to Client Advisors (CAs) and business units where AML risk explanations are insufficient.

Ensure AML concerns are escalated timely and transparently, without commercial influence.

Support the preparation of STR‑related information where applicable, while maintaining proper segregation of duties.

4. Documentation, Governance & Audit Readiness

Maintain clear, complete, and audit‑defensible review documentation, including reviewer rationale and conclusions.

Ensure reviews are conducted in line with UOB internal policies, operating standards, and MAS expectations.

Support internal audit, compliance reviews, and MAS inspections by providing accurate case records and explanations.

Track and follow up on remediation actions arising from review findings.

5. Quality & Continuous Improvement

Identify recurring gaps, control weaknesses, or RM training needs observed during reviews.

Provide feedback to uplift overall AML review quality within ACG.

Contribute to process enhancement initiatives, template refinements, and control strengthening measures.

Participate in Group Compliance / Business Risk & Control Management projects, contribute to business requirements for any KYC system enhancement and conduct user acceptance testing as ACG business representative, 

Requirements & Qualifications

Experience

3–6 years’ experience in AML, KYC/CDD, or financial crime control within banking or financial services.

Prior exposure to affluent, priority banking, or private banking clients is strongly preferred.

Experience handling higher‑risk customers, complex wealth profiles, or EDD cases is an advantage.

Technical Knowledge

Good understanding of:

MAS AML/CFT Notices (e.g. Notices 626 / 641 / 643 or prevailing equivalents)

AML risk typologies relevant to affluent clients

UOB‑style risk‑based AML frameworks

Ability to assess SOW/SOF credibility and transactional reasonableness.

Competencies

Strong analytical judgement and attention to detail

Ability to exercise independent judgement and effective challenge

Clear written documentation and articulation of AML rationale

Professional stakeholder management skills

High integrity, objectivity, and risk awareness

Conduct & Governance Expectations

Uphold UOB’s risk culture and conduct standards, ensuring AML obligations take precedence over commercial considerations.

Actively support the Bank’s three lines of defence model.

Perform all duties in accordance with internal policies, regulatory requirements, and ethical standards.