SVP of Financial Crime Risk Management - United Overseas Bank

United Overseas Bank Limited (UOB); Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading bank in Asia is seeking an experienced professional to lead the development and governance of AFC systems. This role encompasses data analysis and risk management to enhance systems capabilities and compliance. Strong expertise in AFC systems and fraud detection is required to mitigate risks and drive improvements.

Qualifications

• Strong background in data analysis, risk management and financial services.
• Familiarity with AFC-AML systems and fraud detection system.
• Experience aiding in risk detection and prevention.

Responsibilities

• Lead and co-create development and maintenance of AFC systems.
• Develop system narratives in collaboration with stakeholders.
• Support special local and regional system implementation projects.
• Governance oversight in system strategy to mitigate AFC risks.

Skills

Data analysis

Risk management

AFC systems governance

Fraud detection systems

Tools

AFC-AML systems

Investigation workflow system

Job description

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values - Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

United Overseas Bank Limited is seeking an experienced and highly motivated individual to join the Group Wholesale AFC & BRCM department.

The candidate will be responsible for leading and co-creating new and existing systems development and maintenance capabilities within Group Wholesale. At times, leading such projects / initiatives as well.

RESPONSIBILITIES AND ACTIVITIES

New / Existing system governance oversight

• Work closely with system end-users and other key stakeholders (e.g., Business users, developers, IT, GC) to identify additional areas which require systems support for current / future builds.
• Develop system narratives (e.g., purpose, logic, parameters, data requirements, output surfacing / structuring) in collaboration with the business and other relevant stakeholders
• Work closely with GWB data analysts and undertake the end-to-end AFC system development, including data assessments, analysis, features selection, system parameter review, training, testing, etc.
• Co-create with GWB data analysts on the design and implementation of AFC detective / predictive models, rules, algorithms and dashboards to enhance the bank's AFC and BRCM prevention capabilities, where applicable.

• Liaise with Business Users to understand business feedback on system related performance and parameters.
• Collaborate with stakeholders across Line 1 and Line 2 to identify, evaluate and monitor emerging trends and risks for rules / parameter enhancement.

Special projects

• Support special / high priority local and regional projects which may include system implementation including building AFC business system capabilities in response to operating context.
• Communicate with Business Users to continuously keep abreast of new regulatory requirements / policy updates relating to the areas / risks covered by AFC systems and work with the relevant teams to ensure that these updates are also appropriately reviewed.

System Governance & Model Strategy

Governance oversight in the development, implementation, maintenance and management of a comprehensive AFC and BRCM system strategy to identify, assess, and mitigate AFC risks across Group Wholesale Banking.

• Identify enhancements to existing system governance policies and processes.
• Manage the system governance process, including but not limited to testing, and for compliance with applicable regulatory standards

• Develop and implement AFC systems procedures, and controls that are always in compliance with applicable laws, regulations, and industry good practices related to AFC risks prevention and detection
• Continuously evaluate the effectiveness of the AFC business systems program and recommend improvements, as needed
• Keep abreast with the latest, cutting-edge developments in systems and governance and recommend adoption of best practices in relation to AFC

Requirements

• Strong background in data analysis, risk management and financial services, with a focus on AFC systems governance and oversight to aid in risk detection and prevention.
• Familiarity with AFC-AML systems, investigation workflow system, fraud detection system.

Additional Requirements

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.

Apply now and make a Difference