Manager, Business Risk & Control Mgmt (1 year contract)

United Overseas Bank Limited; Singapore; On-site; SGD 90,000 - 130,000; Full time

Job summary

United Overseas Bank Limited (UOB) is seeking a Compliance professional to monitor regulatory developments and advise the business on impact. The role involves collaboration with Group Compliance, development of sales assurance controls, and coordination of internal and external audits across Retail operations.

You will report findings, implement corrective actions and support ad hoc regulatory projects. The position requires strong analytical and collaborative skills in a global banking

Responsibilities

• Keep abreast of regulatory developments and assess impact on the business.
• Provide advice, interpretation, and recommendations.
• Work with Group Compliance on compliance matters and initiatives.
• Develop sales assurance controls and coordinate implementation by the respective business/support functions.
• Perform periodic assessment & assurance reviews on key activities to ensure compliance with internal controls and regulatory requirements.
• Report findings, recommending corrective actions and preparing trend analysis for management review.
• Coordinate external and internal audits (Regulator/External & Internal Auditors/ Group Compliance) for Retail Business.
• Undertaking ad hoc projects related to business / regulatory controls.

Job description

About UOB

Company: 1011 United Overseas Bank Ltd 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

Keeping abreast of regulatory developments and assisting to assess impact on the business, including providing advice, interpretation, and recommendation. Work with Group Compliance on compliance matters and initiatives. Providing operational advisories to the business unit; assist business units in operationalizing Compliance Policies & Guidelines / Regulatory Requirements. Assisting to develop sales assurance controls and coordinating implementation by the respective business/support functions. Performing periodic assessment & assurance reviews on key activities undertaken by the Business to ensure compliance/adherence with internal controls and regulatory requirements. Report findings, recommending corrective actions and preparing trend analysis as needed for management review. Validating new regulatory controls before the effective date of the new/revised requirements Conducting compliance training to the sales platform on FAA related sales Co-ordinating external and internal audits (Regulator/External & Internal Auditors/ Group Compliance) of Retail Business as based on thematic coverage. Undertaking ad hoc projects related to business / regulatory controls.

Additional Requirements

• Develop (Competency)
• Engage (Competency)
• Execute (Competency)
• Strategise (Competency)

Be a Part of the UOB Family

Equal Opportunity Statement

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.

We value our people and invest in them as we look to fulfil our purpose of building the future of ASEAN. We seek to create a collaborative and progressive environment for them to succeed in their careers for the long term.

Explore career opportunities with us today.

UOB is rated as one of the world's top banks, ranked 'Aa1' by Moody's Investors Service and 'AA-' by both S&P Global and Fitch Ratings. With a global network of 500 branches and offices across 19 countries in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and offices throughout the region.

Career Site: UOB Career site