VP, Overseas Compliance Management, Anti-Financial Crimes Assurance, Group Compliance | Singapo[...]

United Overseas Bank; Singapore; On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a VP for Overseas Compliance Management in Anti-Financial Crimes Assurance. This pivotal role involves planning and executing assurance reviews, collaborating with local compliance teams, and developing methodologies to ensure effective controls. The ideal candidate will have extensive experience in financial services compliance, a strong understanding of anti-financial crime processes, and data analytics skills. Join a dynamic team dedicated to maintaining high standards in compliance and making a significant impact in the financial sector.

Qualifications

• 8-10 years of experience in financial services assurance or compliance testing.
• Strong knowledge of anti-financial crime processes and controls.

Responsibilities

• Plan and execute assurance reviews of AFC controls within international operations.
• Develop comprehensive AFC assurance plans and coordinate with stakeholders.

Skills

Anti-Financial Crime Processes

Compliance Testing

Data Analytics

Financial Services Knowledge

Education

Bachelor's Degree in Accounting

Bachelor's Degree in Business Administration

Bachelor's Degree in Economics

Bachelor's Degree in Finance

Bachelor's Degree in Law

Job description

VP, Overseas Compliance Management, Anti-Financial Crimes Assurance, Group Compliance

Posting Date: 4 May 2025

Location: Singapore, SG

Company: United Overseas Bank Ltd

Job Responsibilities

Part of the Overseas Compliance Management (OCM) AFC Assurance Team, responsible for planning and executing assurance reviews of AFC controls within UOB's international operations. Reporting to the OCM Head of AFC.

Assurance Planning

• Assist the OCM Head of AFC Assurance in developing a comprehensive AFC assurance plan for UOB's international operations.
• Coordinate with internal stakeholders and conduct research to identify potential review areas, synthesizing findings for the Head of AFC Assurance.
• Establish strong working relationships with local compliance teams in UOB's international operations, facilitating regular communication between these teams and the OCM AFC assurance team.

Assurance Execution

• Plan specific assurance engagements, including scope, dependencies, and timelines. Communicate and align engagement plans with stakeholders.
• Review relevant regulatory and policy documentation ahead of engagements, liaising with local compliance teams and Line 1 stakeholders as needed.
• Develop detailed testing methodologies for each review in line with AFC assurance methodologies, coordinating with the Head of AFC Assurance.
• Conduct detailed reviews of controls design, implementation, and effectiveness, including document reviews and interviews.
• Draft review findings, assign ratings where applicable, and report key findings to the Head of AFC Assurance.
• Collaborate with Line 1 and Line 2 (local compliance) teams on corrective action plans, monitor progress, and validate issues.
• Assist in preparing reports and management information for senior management and committees, summarizing key activities.

Job Requirements

• Bachelor's degree in Accounting, Business Administration, Economics, Finance, Law, or related field.
• 8-10 years of experience in financial services assurance or compliance testing.
• Strong knowledge of anti-financial crime processes and controls within financial services.
• Data analytics skills preferred.
• Understanding of Line 1 business divisions and activities within a full-service bank.
• Knowledge of financial crime and financial services regulatory landscape, especially within SEA.
• Willingness to travel 10-15% of the time.

Join the UOB Family

UOB is an equal opportunity employer. We do not discriminate based on age, race, gender, religion, sexual orientation, disability, or other non-merit factors. All employment decisions are based on business needs and qualifications. If you need accommodations during the recruitment process, please inform us when applying.

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