Vice President, Regulatory Compliance

UOB; Hong Kong; On-site; HKD 900,000 - 1,500,000; Full time

Benefits offered by this job

Equal opportunity employer

Job summary

United Overseas Bank Hong Kong is seeking an experienced regulatory compliance professional to conduct reviews, assessments and monitoring across business units. You will evaluate controls, track remediation, and report findings to senior management in alignment with the annual Compliance Plan.

The role requires strong knowledge of HK banking regulations, extensive compliance experience, and stakeholder management across functions. HKID-eligible candidates preferred.

Qualifications

• Degree in Accounting, Business Administration, Finance, Law, or related discipline.
• Minimum 10 years of relevant experience in regulatory compliance, compliance review, regulatory assurance, risk management, audit, or internal control functions within financial institutions, consultancies, or regulatory authorities.
• Experience in planning and conducting regulatory compliance reviews, thematic assessments, monitoring activities, or control testing.
• Good understanding of banking products, services, and regulatory requirements across Wholesale Banking, Private Banking, and Global Markets.
• Familiarity with regulatory risk assessments, issue management, and remediation tracking.
• Strong knowledge of Hong Kong banking regulations and regulatory expectations, with the ability to assess compliance risks and evaluate the effectiveness of controls.
• Sound understanding of compliance review methodologies, risk-based monitoring, testing techniques, and regulatory risk assessment frameworks.
• Experience in conducting reviews, documenting findings, preparing management reports, and tracking remediation actions.
• Strong analytical, critical thinking, problem-solving, and risk assessment skills.
• Good stakeholder management skills with the ability to work effectively with business and support functions across all levels.
• Professional qualifications in accounting, auditing, risk management, or compliance (e.g., CPA, CIA, CAMS, ICA, or equivalent) would be an advantage.
• Holder of ECF on Compliance accredited by HKIB is preferred

Responsibilities

• Conduct compliance reviews, thematic assessments, and monitoring activities across business and support functions in accordance with the annual Compliance Plan.
• Assess compliance with applicable laws, regulations, supervisory expectations and internal policies, and identify regulatory and compliance risks.
• Evaluate the adequacy and effectiveness of controls and procedures, and identify control gaps and areas for improvement.
• Perform control testing and follow-up reviews to assess the effectiveness and timely implementation of remediation actions.
• Monitor regulatory developments and emerging risks, and assess their impact on the Branch’s compliance risk profile and review programme.
• Participate in regulatory risk assessments and ongoing risk monitoring across the Branch.
• Track, analyse, and report review findings, remediation progress, and key compliance risks to management and relevant governance forums.
• Support the development and execution of the annual Compliance Review Plan and enhancement of review methodologies and monitoring frameworks.
• Assist the Head of Regulatory Compliance in compliance governance, management reporting, and strategic compliance initiatives.

Education

Bachelor's degree in Accounting, Finance, Law or related discipline

Job description

Company: 1201 UOB Hong Kong

About UOB

United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values – Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.

Job Description

• Conduct compliance reviews, thematic assessments, and monitoring activities across business and support functions in accordance with the annual Compliance Plan.


• Assess compliance with applicable laws, regulations, supervisory expectations and internal policies, and identify regulatory and compliance risks.


• Evaluate the adequacy and effectiveness of controls and procedures, and identify control gaps and areas for improvement.


• Perform control testing and follow-up reviews to assess the effectiveness and timely implementation of remediation actions.


• Monitor regulatory developments and emerging risks, and assess their impact on the Branch’s compliance risk profile and review programme.


• Participate in regulatory risk assessments and ongoing risk monitoring across the Branch.


• Track, analyse, and report review findings, remediation progress, and key compliance risks to management and relevant governance forums.


• Support the development and execution of the annual Compliance Review Plan and enhancement of review methodologies and monitoring frameworks.


• Assist the Head of Regulatory Compliance in compliance governance, management reporting, and strategic compliance initiatives.

Job Requirements

• Degree in Accounting, Business Administration, Finance, Law, or related discipline.




• Minimum 10 years of relevant experience in regulatory compliance, compliance review, regulatory assurance, risk management, audit, or internal control functions within financial institutions, consultancies, or regulatory authorities.




• Experience in planning and conducting regulatory compliance reviews, thematic assessments, monitoring activities, or control testing.




• Good understanding of banking products, services, and regulatory requirements across Wholesale Banking, Private Banking, and Global Markets.




• Familiarity with regulatory risk assessments, issue management, and remediation tracking.




• Strong knowledge of Hong Kong banking regulations and regulatory expectations, with the ability to assess compliance risks and evaluate the effectiveness of controls.




• Sound understanding of compliance review methodologies, risk-based monitoring, testing techniques, and regulatory risk assessment frameworks.




• Experience in conducting reviews, documenting findings, preparing management reports, and tracking remediation actions.




• Strong analytical, critical thinking, problem-solving, and risk assessment skills.




• Good stakeholder management skills with the ability to work effectively with business and support functions across all levels.




• Professional qualifications in accounting, auditing, risk management, or compliance (e.g., CPA, CIA, CAMS, ICA, or equivalent) would be an advantage.




• Holder of ECF on Compliance accredited by HKIB is preferred

Additional Requirements

Develop, Engage, Execute, Strategise

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.