AVP, Operational Risk Management
Hong Kong Island, HK
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 Risk Management manage the risks arising from the Group’s business activities within the risk appetite established by the Board. This involves identifying and evaluating the risks, developing effective risk governance and strategies as well as providing independent assessment of the overall risk profile.
Job Responsibilities
- Implement the operational risk framework (policies, standards, and guideline) and conduct risk assessments across all departments in accordance with the Bank’s schedule
- Prepare comprehensive reports on risk assessment outcomes and present findings to management and relevant committees
- Identify operational weaknesses, initiate corrective actions, follow-up on action plans and closure of gaps identified
- Develop and deliver training programs to enhance staff awareness and capabilities in identifying, assessing, and managing operational risks
- Support the Head of Operational Risk Management in executing strategies and policies related to operational and technology risk
- Collaborate with various departments to develop and enforce effective control measures aimed at minimizing losses from operational events
- Provide input to the development of products, services, and processes to minimize operational risk exposure
- Support the maintenance of Governance, Risk, and Compliance (GRC) system in alignment with Group policies and standards
- Act as coordinator for the Bank’s Risk Culture initiatives and provide support for other ad-hoc risk management activities
Job Requirements
- Bachelor’s degree in Finance, Accounting, Business Administration, Information Technology, or related discipline
- Minimum of 5 years of relevant experience in financial institutions, with exposure to risk management or internal audit functions
- Holder of ECF on Operational Risk Management (ORM) accredited by HKIB is preferred
- Strong knowledge of banking operations, products, and systems
- Solid understanding of operational risk management principles, frameworks, and best practices
- Self-driven, detail-oriented, and able to perform effectively under pressure
- Proven project management skills with a track record of successfully leading and completing initiatives
- Collaborative team player with a strong sense of accountability and the ability to work cross-functionally
- Excellent verbal and written communication skills
- Proficient in Microsoft Office applications
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.
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