AVP, BRCM Conduct Assurance

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 successful candidate will be part of the Business Risk & Control Management – Retail (Financial Advisory & Conduct) specialist team residing in the Retail Segment in UOB Singapore. You are expected to be familiar with the rules and regulations relevant to this segment. You will be working closely with the Group Compliance and Business in managing business compliance risks by assisting them with the development and update of compliance controls, monitoring through independent surveillance reviews / data analytic tools and the provision of advice on regulatory matters. Additionally, you will be involved in the preparations of periodic regulatory and internal risk reporting.

Specific roles and responsibilities include: 

• Keeping abreast of regulatory developments and assisting to assess impact on the business, including providing advice, interpretation, and recommendation.  Work with Group Compliance on compliance matters and initiatives.

• Providing operational advisories to the business unit; assist business units in operationalizing Compliance Policies & Guidelines / Regulatory Requirements.

• Assisting to develop sales assurance controls and coordinating implementation by the respective business/support functions.

• Performing periodic assessment & assurance reviews on key activities undertaken by the Business to ensure compliance/adherence with internal controls and regulatory requirements. Report findings, recommending corrective actions and preparing trend analysis as needed for management review.

• Validating new regulatory controls before the effective date of the new/revised requirements

• Conducting compliance training to the sales platform on FAA related sales 

• Co-ordinating external and internal audits (Regulator/External & Internal Auditors/ Group Compliance) of Retail Business as based on thematic coverage.

• Undertaking ad hoc projects related to business / regulatory controls

Requirements:

• Recognized degree in Business, Finance, Accountancy or Law preferred
• At least 3-5 years of related working experience in a Retail Bank environment, preferably in the areas of business compliance and regulatory audit
• Prior experience in operational risk management within business units or internal / external audit is welcome
• Good understanding of the regulations applicable to Retail Banking would be an advantage (e.g., Banking Act, Financial Adviser Act, Securities and Futures Act)
• Candidates who have a strong regulatory background, compliance audit background or are currently in a business support role in the Retail Loan or Personal Wealth Management areas (e.g., secured or unsecured loan/ insurance/ investment sales) would also be considered
• Good presentation and data analytics skills
• Creative, resourceful, meticulous, analytical, and able to work independently with good excel and report writing skills
• Self-driven and a team player with strong interpersonal and communication skills

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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