Compliance Risk Manager
4 weeks ago
United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of over 500 branches and offices in 19 countries and territories. Our history spans more than 80 years, guided by our values of Honorable, Enterprising, United, and Committed.
Job ResponsibilitiesWe are seeking a Compliance Risk Manager to join our team. The successful candidate will be responsible for:
- Providing independent and objective perspective on residual compliance risk through a robust risk identification, assessment, and management process
- Facilitating internal stakeholders' design of control processes and solutions that cut across business and geographies
- Monitoring and performing regular assessment of the state of business compliance risks, and enforcing effective remediation through root-cause analysis
- Developing a robust compliance review plan and performing compliance reviews on the end-to-end controls on a risk-based approach
- Deploying data analytics to enable proactive monitoring and management of compliance risk, and enhance the effectiveness and efficiency of compliance review work
- Establishing tailored training programs to foster compliance literacy and promote the Bank's compliance culture and ethical conduct
- Establishing communication surveillance methodology and performing communication surveillance on in-scope dealing staff
- Advising the Bank's leadership on emerging regulations and regulatory issues surrounding strategic initiatives
The ideal candidate will have:
- Strong understanding of Banking Act, Securities and Futures Act, and Financial Advisers Act, preferably with experience in the Treasury banking businesses
- Possess market acumen to adjust and adapt to the changing regulatory landscape
- Good degree in Accounting, Law, Business, Banking & Finance or equivalent
- At least 6-8 years in legal, compliance, audit, risk management, or regulatory work in the financial services industry
- Good writing and communication skills with ability to develop a strong working partnership with Global Markets and internal stakeholders
- Team player and demonstrated ability to manage multiple tasks and work independently
- High personal standard of ethics, integrity, and commitment to fulfilling the objectives of the position
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