AFC Advisory Manager

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, Thailand and Vietnam, 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

Strategic

Develops an overall strategy for Fraud / ABC compliance in order to ensure Fraud & ABC standards and requirements are implemented to a high standard throughout the UOB Group

Develops overall strategy for anti-tax evasion compliance in order to manage new emerging risks while achieving the Bank’s business strategic objectives within applicable compliance frameworks

Acts as subject matter expert on all Fraud, Bribery & Corruption, Tax Evasion compliance related topics impacting UOB.

Policies/procedures and training

Design and implement the Line 2 compliance framework for Fraud/ ABC/ Tax evasion.

Oversees and owns policies relating to Fraud/ ABC/ Tax evasion compliance, supporting business units in the implementation of an effective control framework.

Defines and update procedures for the Fraud/ ABC/ Tax evasion compliance team to ensure that Fraud/ ABC/ Tax evasion activities are conducted with robust processes that ensure sufficient support to business & support units on Fraud and ABC issues.

Defines strategy and delivery of training on Fraud/ ABC/ Tax evasion requirements and Fraud and ABC compliance related initiatives.

Senior Management engagement

Reviews and summarizes to Senior Management and relevant Committees any Fraud/ ABC/ Tax evasion compliance issues/matters that are significant/strategically important.

Oversees metrics and management reporting to relevant Senior Management on Fraud/ ABC/ Tax evasion risk management.

Others as assigned by Head of AFC Advisory

Job Requirements

Bachelor’s degree in banking and/or audit.

3-5 years of experience in the financial industry with a specific focus on Fraud and/or ABC/ Tax evasion.

Strong knowledge of Fraud and/or ABC regulatory frameworks, understanding of regulatory landscape and industry practices relating to tax evasion compliance

Good analytics and problem-solving skills.

Ability to work in a fast-paced and team-oriented environment.

A strong and assertive communicator in speaking & writing.

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