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Vice President, Balance Sheet and Liquidity Management, Risk Management

Posting Date:  31-Dec-2021

Hong Kong Island, HK

Company:  United Overseas Bank Limited (Hong Kong Office)

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 Credit and Risk Management function is comprised of three teams: Risk Management, Credit and Special Asset Management. We 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

  • Maintain and review the Branch’s Interest Rate Risk and Liquidity Risk Management policies  to ensure its compatibility with the Group / Branch’s business strategies & risk appetite
  • Translate management / business strategies into executable and effective actions via pro-active analysis on workflow and risk management process and advisory on any improvements.
  • Implement local and group Interest Rate Risk and Liquidity Risk Management policies and provide independent risk analysis / advisory and regulatory update to the management.
  • Work closely with and be a key coordinator with branch Finance, Treasury and group Balance Sheet Risk Management in resolving daily and/or ad- hoc Interest Rate Risk and Liquidity Risk management issues and negotiating with internal or external counterparts independently.
  • Independently be responsible for projects and Basel III / regulatory related issue(s), particularly on the new liquidity risk management requirements under Basel III (i.e. LCR / NSFR).
  • Share best market practice and be knowledgeable about market practitioners on issue relating to interest rate & liquidity risk.
  • Help mentoring and coaching of risk management team members.
  • Implement the Branch’s Interest Rate Risk and Liquidity Risk stress test programme with regular review on suitability and appropriateness of methodologies, parameters and scenario settings.
  • Carry out any Interest Rate Risk, Liquidity Risk and other related risk management duties as from time to time assigned by the Senior Management.

Job Requirements

  • Minimum 7 years’ experience in the banking industry preferably with relevant experience in Asset Liability Management (ALM), liquidity risk Management and/or interest rate & liquidity risk regulatory reporting.
  • Accounting background / knowledge would be a bonus.
  • Relevant professional qualifications such as CPA, CFA or FRM will be preferred
  • Hand-on experience in various systems such as accounting, ALM and Treasury system; and good written and spoken English
  • Microsoft Office Tools Skills (including Excel, Power-point, Words, etc)
  • Good understanding and experience in Basel II/III particularly in liquidity risk management
  • Good accounting knowledge, including related systems and 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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