Business Risk Analyst Lead

3 weeks ago


Singapore United Overseas Bank Full time
Job Description

We are seeking a seasoned Business Risk Analyst Lead to join our team at United Overseas Bank Limited. This role will play a critical part in driving the build out of Business Risk Analytics & Intelligence capabilities within the 1st line of defence.

Key Responsibilities:
  • Drive and implement business risk analytics capabilities and strategic projects, including risk capabilities roadmap (e.g., data sourcing and analytics), to deliver valuable and predictive risk insights or emerging risk hotspots.
  • Drive innovation and automation initiatives by deploying analytics / AI in reviews, data preparation, sampling, or assurance over key risks taxonomies.
  • Conduct thematic reviews and investigations by harnessing analytics to identify potential conduct risks by working closely with PB business / support functions.
  • Lead and develop specialized business risk expertise in certain risk taxonomies (e.g., Investment Suitability, Anti-Fraud or AML/KYC)
  • Review and uplift assurance and surveillance testing procedures, including sampling methodologies to focus on higher risk subjects.
  • Provide sound and pragmatic risk advisory to business and support function.
  • Manage and develop risk metrics and visualization solutions and dashboards (e.g., Qilksense) or enhanced reports for PB management and business stakeholders.
Requirements:
  • At least 5 years and above of experience in financial institution preferably with background in business risk, compliance, audit, or consulting
  • Proven experience in working with data for risk management and project management, particularly in data analytics / automation / visualization skillsets.
  • Strong capabilities in driving thematic reviews and assessments of risk topics or special cases (e.g., plan, execute, report)
  • Good abilities in use of tools for data analytics and visualization (e.g., Excel, Qilk, PowerBI)
  • Deep knowledge and experience in programming language (VBA, Python, SQL), or database management.
  • Possesses the necessary communication skills and ability to work effectively with all levels within the organization.
  • Understanding of the Private Bank business, risk taxonomies (AML, Anti-Fraud, or Investment Suitability) and assurance testing procedures would be an advantage.
  • Undergraduate degree in quantitative programme such as Statistics, Business Analytics, Computer Science or Post-graduate degree in analytics or risk management is preferred.
Salary Information:

The estimated salary for this position ranges from $120,000 to $180,000 per year, depending on qualifications and experience.

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 in Asia Pacific, Europe and North America.


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