VP2, Advisor, Regulatory Compliance (Retail)

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

Regulatory Advisory and Liaison

• Monitor and interpret relevant regulations, laws and standards/policies affecting the bank.
• Provide expert advice to internal stakeholders on regulatory requirements, policy changes and best practices.
• Act as the liaison party with key regulators.
• Evaluation of compliance risk in product programme, marketing materials, outsourcing arrangements and business initiatives.
• To conduct compliance training sessions for employees.

Risk Assessment and Incident Management  

• Identify compliance risks and recommend mitigation actions including formulation and to conduct training sessions for employees and/or management.
• Identify and assess compliance breaches as well as recommend corrective action plans.

Policy Development and Implementation 

• Assist in drafting, reviewing and updating compliance policies, procedures and frameworks.

Job Requirements

• 10 - 15 years of experience in the financial industry, preferably compliance and non-financial risk functions (with exposure to financial institutions).
• Domain knowledge in Compliance.
• Strong organization skills with excellent attention to detail.
• Senior stakeholder management, the ability to build constructive partnerships with diverse stakeholders and challenge where required.
• Demonstrates in-depth technical capabilities and professional knowledge in related fields.

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