Assistant VP, Financial Advisors Act Investigator

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.

About the Department

The Compliance function is a strategic partner and a trusted business enabler to the Board and senior management. It is our responsibility to ensure that the Group continuously fulfils its regulatory obligations in today’s tight and dynamic regulatory landscape. To do that, we work closely with internal stakeholders to identify and to assess regulatory risks. This collaboration also includes developing practical solutions that integrate regulations into operational requirements as well as actively shaping and promoting stronger compliance culture and literacy in the Bank.

Job Responsibilities

Key Job Duties and Responsibilities

• Investigate complaints in relation to the Financial Advisers Act and its subsidiary legislation through the conduct of interviews with the relevant stakeholders, review of sales document against the regulatory requirements as well as Bank’s policies and guidelines
• Assess the investigation findings in relation to the investment sales process including the following:
• Determine if there is any misconduct committed by the sales representatives; and
• Assess the Business Division’s compliance with regulatory requirements, especially with the Financial Advisers Act
• Report investigation findings, ensuring objective analysis and recommendation
• Follow up on remedial action to be taken
• Assist in the management of the compliance requirements for the Business / Support Sectors under the purview of the division

Other Job Duties and Responsibilities

• Analysis and reporting of investigation data and trends by developing and executing data analysis to determine significant trends or key risk areas
• Provide management reporting of breaches by Business / Support Sectors to the Group Head of Compliance
• Assist and facilitate the training for the staff of Business / Support Sectors on regulatory requirements, where required
• Handle or participate in ad-hoc projects that require compliance support; such as liaising with regulators, and internal and external auditors, as and when necessary
• Assist Section Head in matters related to the Regulators and Auditors (Internal and External)

Job Requirements

Experience

• At least 5 years of experience in an investigative function or Financial Institution

Skills

• Sense of inquisitiveness
• Ability to handle concurrent tasks and responsibilities
• Familiar with suite of applications in MS Office (e.g. word, power point, excel, etc.)
• Strong command of the English language
• Able to speak / read Mandarin

Qualifications

• Degree holder
• CMFAS qualifications preferred (e.g. RES5, M9, M9a, M8, M8a, HI, etc.)

Be a part of 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.