VP, Finance Business Risk & Controls (BCBS 239, Audit, Regulatory Reporting), Group Finance

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

Reporting into the Business Risk and Control Management (BRCM) function of Group Finance and Corporate Services (GFCS), the incumbent will be responsible for planning and performing the BCBS 239 Independent Validation of Group Finance critical measures. They will also support the delivery of BRCM mandate, including assurance reviews and implementation of control frameworks in GFCS units across the region.
 

Key Responsibilities

BCBS 239 Independent Validation (IV)

• Lead the BCBS 239 IV agenda of Group Finance critical measures (CMs) providing effective collaboration within the working groups and stakeholders

• Perform IV and assessment of the CMs in line with BCBS 239 principles and regulatory requirements
• Identify control gaps, data quality issues and areas of non-compliance
• Document assessment of criteria and IV findings clearly, and recommend suitable remediation actions
• Ensure proper documentation of evidence for assessments performed

Business Risk Control Management (BRCM)

• Plan and perform assurance reviews, including control testing, in accordance with the assurance methodology, and evaluate the adequacy and effectiveness of internal controls relating to risks within the functional areas
• Recommend improvements to strengthen controls and enhance the risk management practice in GFCS. Assess the residual risk and ensure alignment with risk appetite
• Collaborate actively with subject matter experts (SME) and other teams/stakeholders in Head Office, as well as overseas locations, in conducting assurance reviews and resolving risk-related issues, delivering the GFCS BRCM agenda
• Contribute in building the regional BRCM book of work, effectively collaborating initiatives across the working groups

Job Requirements

• 5 - 6 years of working experience in Finance (Regulatory Reporting)/Audit, preferably from the financial industry or Big 4.
• Experience in usage of data analytics for audit or assurance work and/or implementation of the BCBS 239 principles will be a strong plus.
• Excellent communication skills (verbal, written and presentation) to deliver timely assurance reports to senior management and stakeholders.
• Strong relationship management, influencing, analytical, problem solving, and planning skills.
• Self-motivated and driven, detailed, and able to work independently.

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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