VP, Strategic Regulatory Risk & Compliance

United Overseas Bank Limited (UOB); Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

United Overseas Bank Limited is seeking an experienced professional to lead and support the Financial Advisory Act (FAA) & Regulatory Compliance framework within Group Risk & Compliance. You will advise business units on FAA requirements, regulatory obligations, and policy interpretation, and partner with Group Compliance to monitor developments and implement changes.

The role covers operational risk, governance, risk oversight, and stakeholder management across Retail and Wealth products, with

Qualifications

• 6–10 years of experience in Risk Management, Compliance, Audit, Assurance, or Business Controls in financial services.
• Strong knowledge of MAS regulations and Financial Advisers Act.
• Experience with Retail Banking and Wealth Management products.
• Analytical and problem-solving skills to assess risks and propose solutions.
• Strong stakeholder management and cross-functional influence.
• Excellent written and verbal communication.
• Proficient in data analysis and reporting.
• Degree in Finance, Business, Accountancy, Law, Risk Management or related discipline.
• Self-motivated, detail-oriented, able to work independently.

Responsibilities

• Support the implementation and ongoing maintenance of the Bank's Financial Advisory framework, ensuring adherence to regulatory requirements and internal policies.
• Provide advisory support and guidance to business units on FAA requirements, regulatory obligations, and policy interpretation.
• Partner with Group Compliance and relevant stakeholders to assess regulatory developments and support implementation of required changes.
• Support initiatives relating to Fair Dealing and customer outcome frameworks, including the implementation of MAS Fair Dealing Outcomes.
• Conduct reviews and testing to assess compliance with regulatory requirements, policies, and internal controls.
• Identify opportunities to enhance processes and controls while balancing business effectiveness and regulatory expectations.
• Provide risk advisory support to the business on operational risk and conduct risk matters.
• Support the oversight of risk assessments, control monitoring, incident management, and risk reporting activities (e.g. KRCSA, KORI, MRA, RRA).
• Monitor key risk indicators and emerging risk trends, and elevate issues where appropriate.
• Support the investigation of risk events and contribute to root cause analysis and remediation tracking.
• Support risk and control governance activities across Group Retail.
• Coordinate audit, regulatory, and compliance reviews, and monitor the implementation of remediation actions.
• Prepare risk reports, management updates, and governance materials for relevant forums and committees.
• Support risk awareness and capability-building initiatives through communication and training programmes.
• Work closely with Compliance, Legal, Operations, Product, and Business teams on regulatory, conduct, and risk matters.
• Facilitate discussions with stakeholders to resolve issues, strengthen controls, and drive timely remediation.
• Foster a culture of effective risk management and continuous improvement across the business.

Skills

Risk management

Regulatory compliance

Audit & assurance

Stakeholder management

Data analysis

Problem solving

Communication skills

Regulatory reporting

Education

Finance/Business/Accountancy/Law/Risk Management degree

Tools

Excel

Analytics tools

Job description

United Overseas Bank Limited is seeking an experienced professional to lead and support the Financial Advisory Act (FAA) & Regulatory Compliance framework within Group Risk & Compliance. You will advise business units on FAA requirements, regulatory obligations, and policy interpretation, and partner with Group Compliance to monitor developments and implement changes.

The role covers operational risk, governance, risk oversight, and stakeholder management across Retail and Wealth products, with