VP, Regulatory Compliance & Risk Management

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

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.