First VP, Governance & Liaison, Group Compliance

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

As part of the Governance & Liaison team in Group Compliance, the successful candidate will lead the strategy and execution of ongoing engagement and relationship management with MAS, as well as to support Finance and Budgeting activities of Group Compliance.  Key responsibilities include:

Regulatory interaction

• Develop strategy and governance for regulatory relationship management and engagement to ensure close and positive relationship with MAS
• Liaise with MAS on regular submissions (including annual CRAFT submission) and ad-hoc information requests
• Oversee the coordination of meetings with MAS (including Supervisory College and Annual Business Meetings)
• Coordinate bank-wide MAS consultation papers and MAS inspections where necessary

Regulatory analysis and reporting

• Oversee the dissemination of regulatory updates to Group Compliance teams
• Manage the analysis of regulatory communication to uncover insights and hotspots, using data analytics
• Manage reporting to senior management on regulatory interaction and insights
• Drive the MAS-Tx Onboarding Taskforce

Finance and Budgeting

• Support finance and budget reporting for Group Compliance

Job Requirements

⦁    Degree qualification with at least 10 years of work experience, preferably with prior experience with the local banking regulator or with a Big 4 accounting firm.
⦁    Prior regulatory engagement role at a major financial services firm or CPA/ CA professional qualification will be an advantage
⦁    Demonstrate high level of initiative, pro-activeness and accountability.
⦁    Excellent verbal and written communication skills, with the ability to synthesize complex concepts and consolidate into material for external regulators and senior executives
⦁    Ability to build strong internal and external networks and experience engaging with senior management on strategic regulatory issues
⦁    Ability to establish and maintain positive engagement with stakeholders and team members

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.

Competencies