Risk and Governance Manager

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. UOB's purpose is to build the future of ASEAN. Our purpose guides The UOB Way – that defines our unique culture and belief system, anchored on our values of being Honourable, Enterprising, United and Committed, and our people philosophy of Care, Growth and Trust.

About the Department

UOB Innovation Hub 2 (InnoHub2) is a UOB-wholly owned subsidiary and a Centre of Excellence based in Malaysia, providing Group Business Services (GBS) to support the UOB Group. Started in 2021 with technology application design, development and support, InnoHub2 is expanding beyond technology services to deliver other business services to support the Bank’s growth ambition. We are looking for talented and motivated individuals to be part of the pioneer team spearheading the development and delivery of the new services.

As part of the InnoHub2 team, you will have the opportunity to work on Group initiatives and gain regional business exposure. We are dynamic, passionate and purposeful about delivering trusted financial solutions that enables business growth. An exciting career progression with varied opportunities awaits you at IH2. Come grow your career with us.

Job Responsibilities

Job Summary:
Support the Head of Risk & Governance in ensuring IH2’s control environment remains within its risk tolerance thresholds, including promoting a robust risk culture.
Responsible for the execution of all Risk & Governance related activities within the scope of UOB Innovation Hub2 entity and within its delivery of Banking Operations services to UOB group. 

Key Responsibilities:
Effective execution of the following activities in line with group policies:
•    Risk Incidents – timely identification (working with operational teams) and reporting of any risk incidents according to prescribed timelines.
•    Management Risk Awareness – utilizing available data, industry insights and management input, appropriately identify, assess, register, and report risks to management for formulation of remedial action plans.
•    Key Risk Control Self-Assessment – work closely with operational teams in reviewing, designing, validating, and submitting outcomes within standard and annual timelines.
•    Business Continuity Management – work closely with operational teams in executing against the approved Business Continuity Plan, including call tree exercises, desktop simulations and awareness sessions. Etc.
•    Key Risk Indicators - work closely with operational teams in identifying, reviewing, designing, and reporting of Key Risk Indicators. Drive root cause analysis of indicators that breaches threshold and propose appropriate remedial actions. 
•    Departmental Control Checklist – where these have been identified as required, work with the operational teams to design and implement to ensure a good balance between assurance of operational compliance against operational efficiency.
•    Third Party Risk Assessments – perform the role as a checker on all third-party risk assessments (including outsourcing) performed by the operation teams, ensuring that appropriate standards are applied and that assessments are accurate and complete. Monitor on-going compliance, including triggering periodical re-assessments as required.
•    Assurance – execute independent assurance reviews according to the approved annual assurance plan and identifying gaps against standards.
•    Action Plans – work with operation teams to ensure that remedial or pro-active actions arising from any of the above activities are appropriate to resolve the issue identified, is recorded within the appropriate form (e.g. GRC system), track and reported until satisfactory completion.
•    Advisory – Provide guidance and support to the operational teams on all matters relating to risk, governance, and compliance in relation to group policies.
•    Input to Risk Forum – prepare appropriate content for the IH2 Risk Forum, to ensure appropriate formal risk awareness and risk escalations.
•    Risk Culture – Support the Head of Risk & Governance in promoting a positive risk culture by contributing content and delivering towards the annual risk & governance communication plan, e.g. developing content, delivering awareness sessions. etc.

Job Requirements

• Bachelor’s degree in any discipline
• Any industry certification in Enterprise Risk Management, e.g. CRISC or similar
• Any industry certification in Banking Operations and / or Anti-Money Laundering
• Any assurance / auditing qualification is an added advantage.
• At least 3 years working experience in any Business Banking Operations and its products.
• At least 3 years working experience in a risk, governance, compliance, assurance, or control role.
• Exposure to MAS Technology Risk Management guidelines.
• High level of personal Integrity
• Advanced risk assessment capability based on standard methodologies.
• Good communication skills, ability to influence stakeholders through clear articulation of risk in the appropriate business context. Fluent in English, any other oriental languages will be an added advantage.
• Any data analytics capability will be an added advantage, e.g. Python scripting. etc.

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