Team Lead of Compliance - United Overseas Bank

United Overseas Bank Limited (UOB); Singapore; On-site; SGD 80,000 - 110,000; Full time

Job summary

A leading bank in Asia is seeking a Team Lead for the Representative Notification Framework and HR Ops Compliance. The ideal candidate will have over 8 years of experience in compliance and risk management, along with supervisory experience. Key responsibilities include leading a team, managing compliance activities, and reporting to regulatory bodies. This position offers an opportunity to work in a dynamic environment focused on compliance and operational excellence.

Qualifications

• At least 8 years of relevant experience in managing RNF and HR operations compliance.
• Supervisory experience with knowledge of MAS' Guidelines on Fit and Proper Criteria.
• Ability to develop good relationships with stakeholders.

Responsibilities

• Lead and supervise a team for fit and proper certification of sales representatives.
• Manage risk management and compliance activities for the department.
• Act as a central point for audits and compliance reviews.

Skills

Compliance knowledge

Risk management

Interpersonal skills

Time management

Education

Recognized degree

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

Team Lead, Representative Notification Framework (RNF) and Human Resources Operations (HR Ops) Compliance

Responsibilities:

The incumbent will lead and supervise a team to deliver time sensitive support for fit and proper certification of sales representatives and persons under the Individual Accountability and Conduct (IAC) Framework as well as facilitate prompt sales licensing in accordance with regulatory requirements. This role will also manage risk management and compliance related activities for the department.

Key responsibilities for the incumbent include the following:

• Responsible for end-to-end Representative Notification Framework (RNF) processes including advisory on RNF related matters and regulatory requirements, RNF data and register maintenance in the HR system, due diligence checks for newly appointed sales representatives prior to RNF lodgements, sales code issuance as well as license payments
• Closely monitor and manage MAS reporting on changes to personal particulars and/or regulated activities of sales representatives and address queries from relevant stakeholders where needed
• Work with relevant parties within and outside of HR to collate required data for regulatory reporting and ensure timelines are adhered to
• Manage regular fit and proper declarations from relevant employees, background screening and clearance of any adverse findings, and ensure that due diligence are executed promptly in accordance with regulatory and policy requirements
• Act as a central point of contact for audit and compliance review exercises
• Manage operational risk assessment programs for the department and coordinate with various teams to ensure that reviews are conducted in a timely manner with clear documentations

Requirements:

• Recognized degree with at least 8 years of relevant experience in managing RNF and HR operations compliance / risk management activities. Those with strong foundation in compliance/business assurance may also be considered
• Supervisory experience with in-depth knowledge of MAS' Guidelines on Fit and Proper Criteria and familiarity with RNF regulations and related transactions processing is essential
• Keep abreast of changes in RNF regulations and industry best practices
• Ability to develop good relationships and partnerships with key internal and external stakeholders
• Self-starter and detail-oriented with effective time management abilities to lead the team in managing multiple demands and paying close attention to time-sensitive tasks ensuring processing accuracy, compliance with regulatory needs and the ability to observe and operate within tight timelines
• Strong team player with good influential, interpersonal and communication skills, both verbal and written

Additional Requirements

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.

Apply now and make a Difference

HR_RECRUITMENT