Senior/First VP, Risk Controls

5 days ago

Singapore United Overseas Bank Full time
Senior/First VP, Risk Controls & Governance, Group Wholesale Banking

Posting Date: 17 Dec 2024

Location:
Raffles (City Area), SG

Company: United Overseas Bank Ltd

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.

About the Department

The Wholesale Bank function operates a dynamic business model that provides financial services and solutions to help our clients achieve their strategic business objectives. Our mission is to become the premier-provider of banking services and solutions for Asia-based commercial banking companies (small medium enterprises), large corporations, financial institutions as well as multinational corporations. Our coverage teams work in full alignment with specialised teams across Transaction Banking, Investment Banking, Global Markets and Group Retail to deliver seamless solutions to our clients.

Job Responsibilities

The successful candidate will be part of the Group Wholesale Banking ("GWB") Business Risk and Control Management (BRCM) team. Successful candidate is to support the team head in the following key responsibilities in Singapore and overseas locations:
  • Formulate and strengthen governance on all risk frameworks, policy, framework, ensuring that GWB comply with all applicable legislations, including Anti-Money Laundering crimes.
  • Liaise with internal stakeholders to identify priority areas for review based on control criticality, emerging risks and regulatory focus.
  • Provide effective challenge to internal stakeholders on existing controls.
  • Provide advisories and review Business Units policies and guidelines.
  • Work with multiple internal stakeholders to deliver desired outcomes, including enterprise-wide new risk initiatives.
  • Review and identify key emerging risks in GWB and/or industry and propose risk mitigating measures/controls.
  • Ensure that potential risk issues highlighted by various Bank's risk functions, such as Group Operational Risk, Group Compliance and Group Audit, are properly communicated and/or addressed within GWB.
  • Work with Group Compliance and other internal risk departments to ensure that activities are coordinated to avoid duplication and improve the overall effectiveness.
  • Identify and work with BU/GWB Data Analytics on risk management initiatives, thereby increasing operational efficiencies and enhancing proactive risk identification.
  • Support the Business Units/Support Units in risk identification, escalation and remediation.
  • Monitor the effectiveness of the Business Units/Support Units controls (for example, through risk culture/operational risks dashboards, audit reports and fair dealing scorecard).
  • Prepare risk management reports.
  • Provide guidance to BRCMs in overseas locations on Group's risk management initiatives and/or share application/implementation/best practices at Group.
  • Able to articulate and present to senior internal and external stakeholders including regulators and external audit.
  • Ensure that GWB is kept abreast of the latest developments (including best practices), on both the risk and regulatory front.
  • Conduct training where necessary.
Job Requirements
  • Degree holder in Banking, Finance or Accounting
  • Certification in regulatory compliance and/or anti-financial crimes is preferred
Experience and Skills
  • Has minimum 15 years of relevant work experience preferably in audit, regulatory compliance/Line 1 Risk and Control role in corporate banking/wholesale banking of a full-service bank
  • Excellent knowledge of Singapore's regulations
  • Proven and relevant experience in regulatory compliance in a financial services institution is required
  • Prior experience in risk/controls design and assessment is required
  • Prior experience in regulatory framework of South East Asia region is preferred
  • Prior experience in project and change management and/or process reengineering would be a clear advantage
  • Data management and data analytics is preferred
  • Able to write macros on Microsoft excel or basic programming skill is an advantage.
  • Excellent communication (written, verbal) and interpersonal skills to positively influence people to make the appropriate decisions and resolve conflicts effectively
  • Team player, self-driven with strong interpersonal as well as communication and stakeholder management skills
  • Resourceful, meticulous, analytical and able to work independently with excellent verbal and report-writing skills
  • Growth mindset, i.e. openness to learn and take on other risks types
  • Strategic mindset with the ability to have a holistic view for the Group
  • Possess creativity and self-motivation to find solutions in an ever-evolving regulatory environment
Be a part of 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.

Apply now and make a difference.

eFC_Slot

  • Vp/first vp, business risk controls and governance, group wholesale banking

    4 weeks ago

    Singapore United Overseas Bank Ltd. Full time

    VP/First VP, Business Risk Controls and Governance, Group Wholesale BankingPosting Date: 8 Oct 2024Location: Singapore, Singapore, SG Company: United Overseas Bank Ltd About UOBUnited 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...

  • First vp/vp. control operations, group coo retail

    4 days ago

    Singapore United Overseas Bank Ltd. Full time

    Select how often (in days) to receive an alert: First VP/VP. Control Operations, Group COO Retail Location: Singapore (City Area), SG, 048624 Company: United Overseas Bank Ltd 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,...

  • AVP/VP, IT Risk Specialist

    2 months ago

    Singapore Eames Consulting Full time

    Are you an experienced IT Risk specialist with financial industry experience looking for your next challenge? If so, our client, an established global bank with a significant presence in the region, is looking for someone like you to join them as AVP/VP, IT Risk Specialist. As AVP/VP, IT Risk Specialist, you will be responsible for: Providing oversight for...

  • First vp/vp, technical delivery manager, risk management

    4 weeks ago

    Singapore United Overseas Bank Ltd. Full time

    First VP/VP, Technical Delivery Manager, Risk ManagementLocation: Singapore (City Area), SG, 048624Company: United Overseas Bank Ltd About UOBUnited 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. Our history spans...

  • Senior vp

    4 weeks ago

    Singapore PSA International Full time

    Senior VP / First VP, Functional Business Analyst (Blockchain)We are looking for a senior professional to lead the analysis and development of blockchain-based solutions in our bank. The successful candidate will have strong business domain knowledge in banking, analytical skills, and experience in blockchain.Key responsibilities include:Collaborate with...

  • AVP/VP, IT Risk Specialist

    2 weeks ago

    Singapore EAMES CONSULTING GROUP (SINGAPORE) PTE. LTD. Full time

    Roles & ResponsibilitiesAre you an experienced IT Risk specialist with financial industry experience looking for your next challenge? If so, our client, an established global bank with a significant presence in the region, is looking for someone like you to join them as AVP/VP, IT Risk Specialist. As AVP/VP, IT Risk Specialist, you will be responsible for: ...

  • First vp/vp, technical delivery manager, risk management

    4 weeks ago

    Singapore United Overseas Bank Ltd. Full time

    First VP/VP, Technical Delivery Manager, Risk ManagementLocation: Singapore (City Area), SG, 048624Company: United Overseas Bank Ltd About UOBUnited 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...

  • Svp/ vp, technology risk management

    4 weeks ago

    Singapore Risk & Insurance Management Society Inc Full time

    Business Function Risk Management Group works closely with our business partners to manage the bank's risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a...

  • Audit and Risk Management Specialist

    2 weeks ago

    Singapore CROWE HORWATH FIRST TRUST RISK ADVISORY PTE. LTD. Full time

    About CROWE HORWATH FIRST TRUST RISK ADVISORY PTE. LTD.CROWE HORWATH FIRST TRUST RISK ADVISORY PTE. LTD. is a leading provider of risk advisory services, seeking a highly skilled Audit and Risk Management Specialist to join our team.Salary: $60,000 - $80,000 per annumJob Description:Key ResponsibilitiesParticipate in audit and risk management assignments to...

  • Financial Auditor with Risk Management Expertise

    2 weeks ago

    Singapore CROWE HORWATH FIRST TRUST RISK ADVISORY PTE. LTD. Full time

    Job OverviewCROWE HORWATH FIRST TRUST RISK ADVISORY PTE. LTD. seeks a highly skilled Financial Auditor to join our team. As a key member of our audit team, you will be responsible for conducting risk assessments and identifying controls to mitigate identified risks.Key Responsibilities:Participate in audit or risk management assignments to facilitate...

  • Cybersecurity Risk Consultant

    2 weeks ago

    Singapore CROWE HORWATH FIRST TRUST RISK ADVISORY PTE. LTD. Full time

    About the RoleWe are seeking a highly skilled Cybersecurity Risk Consultant to join our team at CROWE HORWATH FIRST TRUST RISK ADVISORY PTE. LTD.Job SummaryThe ideal candidate will have a strong understanding of IT systems, network security, and audit procedures.Key ResponsibilitiesPerform Vulnerability Assessment and Penetration Testing (VAPT) to identify...

  • First vp

    4 weeks ago

    Singapore United Overseas Bank Full time

    First VP / Senior VP, Group Secretariat / Company SecretaryPosting Date:28 Oct 2024Location:Singapore Company:United Overseas Bank Ltd 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...

  • Vp credit risk

    4 weeks ago

    Singapore The Edge Partnership Full time

    VP Credit Risk (Counterparty Credit Risk) Our client, a well-established global bank with a strong presence in Asia, is looking for a VP – Credit Risk Manager to join them. This role is pivotal in ensuring the integrity of the company’s operations and establishing standards. This role will report into the Head of Credit Risk based in Europe....

  • Vp credit risk

    4 weeks ago

    Singapore The Edge Partnership Full time

    VP Credit Risk (Counterparty Credit Risk)Our client, a well-established global bank with a strong presence in Asia, is looking for a VP – Credit Risk Manager to join them. This role is pivotal in ensuring the integrity of the company’s operations and establishing standards. This role will report into the Head of Credit Risk based in Europe....

  • First VP, Cash Management Operations Centre, Group Technology Lead

    13 hours ago

    Singapore United Overseas Bank Full time

    About the RoleWe are seeking a highly experienced and skilled professional to lead our Controls and Support team in Group Technology. As First VP, Cash Management Operations Centre, Group Technology Lead, you will be responsible for overseeing the daily operations of the team and ensuring that all tasks are completed accurately and efficiently.

  • First vp

    4 weeks ago

    Singapore United Overseas Bank Ltd. Full time

    First VP / Senior VP, Group Secretariat / Company SecretaryPosting Date: 29 Sep 2024Location: Singapore Company: United Overseas Bank Ltd About UOBUnited 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...

  • Financial Risk Specialist

    2 weeks ago

    Singapore CROWE HORWATH FIRST TRUST RISK ADVISORY PTE. LTD. Full time

    Company OverviewCROWE HORWATH FIRST TRUST RISK ADVISORY PTE. LTD. is a leading risk advisory firm that provides expert services to clients across various industries.

  • First / Senior VP, Head of Advance Modelling Analytics

    2 months ago

    Singapore United Overseas Bank Ltd. Full time

    First / Senior VP, Head of Advance Modelling Analytics Posting Date: 21 Sep 2024 Location: Singapore, SG Company: United Overseas Bank Ltd 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...

  • First VP, Legal

    1 month ago

    Singapore United Overseas Bank Full time

    First VP, Legal Posting Date: 17 Nov 2024 Location: Singapore, SG Company: United Overseas Bank Ltd 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...

  • First VP, Legal

    5 days ago

    Singapore United Overseas Bank Full time

    First VP, Legal Posting Date: 16 Dec 2024 Location: Singapore, SG Company: United Overseas Bank Ltd 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...