Risk Management MGR
2 months ago
About United Overseas Bank
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. Our history spans over 80 years, guided by our values – Honorable, Enterprising, United and Committed.
About the Department
Market Risk and Product Control is a function in Group Risk Management supporting the bank's Treasury business. The team is responsible for P&L Reporting, analysis and reconciliations, Market data and valuation controls, Book controls, Structured Products governance and Market Risk computation, monitoring and controls.
Job Responsibilities
The Product & Financial Control Team is responsible for the timely and accurate delivery of reporting and monitoring of business activities of Global Markets. Key responsibilities include:
- Responsible for daily product control processes which covers daily profit and loss reporting, analysis of profit and loss movements with commentaries. Asset classes coverage includes equity, commodity, credit and fixed income, interest rates and FX.
- Responsible for daily Group MIS consolidation reporting processes.
- Responsible for monthly profit and loss reconciliation to ensure reconciliation breaks between economic profit and loss and general ledger are explained.
- Review of processes across different locations to ensure product control processes standardization.
- Participation in strategic projects to consolidate and enhance automation of the profit and loss processes and support new business initiatives.
Job Requirements
The ideal candidate should have:
- 2-4 years of experience in the finance industry, with prior experience in risk management, middle office, product control or audit being an advantage.
- Minimum Degree in Banking & Finance / Business or its equivalent professional certificates.
- Highly numerate and strong analytical skills.
- Ability to work to tight deadlines and prioritize conflicting demands.
- Good team player who possess drive, initiative, have an eye for details and able to work independently under pressure to produce accurate and timely work.
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