Assistant VP, Business Risk Compliance Management(BRCM) Wealth Sales Surveillance, Group Retail COO

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 Retail function provides Personal and Business Banking customers with financial solutions tailored to their needs. We help them manage their money wisely and meet their financial goals through an extensive range of products and services. These include deposit, insurance, secured and unsecured loans, investment and wealth advisory services.

Personal Financial Services

We design and provide products and services that empower our customers to enjoy greater banking convenience while they extract more value from their money. In particular, we are focused on promoting and developing healthy saving and investment practices across generations.

The COO Office has Business Risk & Control teams across various risk types, acting as safeguard for the business

Job Responsibilities

Key roles and responsibilities: 

• Develop, maintain, and periodically enhance sales surveillance parameters, thresholds, and risk scenarios in collaboration with Business and Product team.

• Review post-trade surveillance alerts based on analysis of client’s suitability and needs profile, historical financial transactions, or wealth advisory activities.

• Obtain required information, evidence, and seek clarification with respective Sales Representative / Supervisor / Business Quality and Control Team to validate or challenge review dispositions.

• Prepare periodic report and to present result of the surveillance review and ongoing risk monitoring at the panel meeting for escalation and remediation. 

• Table results and insights with business stakeholders and sales management for management oversight and accountability

Job Requirements

• Strong risk and control mindset, curious and self-initiated to discover and investigate sales anomalies

• Strong analytical and data mining / processing skills

• Attention to details and ability to recognize patterns or irregularities

• Excellent communication, presentation, and persuasion skill. Able to collaborate with internal and external stakeholders.

• Good understanding of sales processes, wealth transactions (FX, Investment, Insurance)

• Good knowledge of SFA & FAA regulations and guidelines, sales processes best-practices

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