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VP, Financial Information Mgmt for Regulatory Reporting (IFRS9, Basel III, MAS 610), Group Finance

Posting Date:  17 Apr 2024
Location: 

Singapore (City Area), SG, 048624

Company:  United Overseas Bank Ltd

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

Group Finance

Group Finance fulfils a dual role of governance and value-add in support of UOB’s performance and strategic objectives. We are responsible for the financial, regulatory and performance reporting of UOB Group, and fulfilling our mandate as stewards of the Bank’s resources by ensuring the right levels of controls and oversight over the use of the Bank’s resources. At the same time, we support senior management and the businesses by providing insights into the performance of the Group and its businesses and geographies in order to support enhanced decision making over both the short and long term in order to achieve optimal and sustainable financial outcomes for our shareholders.

 

Financial Information Management (FIM), Group Finance

Financial Information Management (FIM) drives the strategic roadmap for the Bank’s financial systems and partners with stakeholders and GTO Technology specialists to deliver solutions to support the growth of UOB.​  We aim to protect and enhance Group Finance value through optimizing the use of our systems and tools as we implement a controlled architecture.

Job Responsibilities

As part of Financial Information Management (FIM) team within Group Finance, your key responsibilities include:

  • Understand the technology and operational needs of Financial and Regulatory reporting functions in the Bank.
  • Work with Finance users in gathering and analyze user requirement, identify opportunities for improvement and articulate business requirements into functional requirement for functional design document    
  • Establish strong relationship with Finance users and IT groups in analysis of user requirement; identify opportunities for improvement, articulate business requirements into functional requirement for functional design document and work closely with Technology team (including vendor) in providing end to end solutions that ensure users’ needs are optimally met.
  • Apply project management methodologies including project plans, risk mitigation, issue tracking and communication plans. Develop business requirements (BRD) through the understanding of technology and operational needs of Financial Accounting, Financial Reporting and Performance Management functions in the Bank
  • Be a liaison person with Technology team providing end to end solutions that ensure users’ needs are optimally met.
  • Manage project implementation including meeting project key milestones, timeline and proactively manage and resolve issues  
  • Manage and actively contribute to all phases of project lifecycle, with clear documentation in each project phases and obtain timely sign-off from all respective parties, as required in project lifecycle.
  • Participate in User Acceptance Testing and facilitate user testing, documenting test results clearly.
  • Document and provide training to end users with regards to process and systems changes. Review and support post implementation issues coming out from project implementation and come up with areas of improvement for future delivery.
  • Review and support post implementation issues coming out from project implementation and come up with areas of improvement for delivery

Job Requirements

  • Degree in Accounting / Finance/ Business or its equivalent professional certificates
  • At least 10 years working experience in banking industry and conversant with current accounting policies and banking regulations and demonstrated experience as Business Analyst / Project Manager in executing change in Financial Accounting, Regulatory or Risk Reporting
  • Knowledge of Performance Measurement / Financial Reporting / Basel III / 610 regulatory/ IFRS9 application systems 
  • Familiarity with the Moody’s Risk Authority software for Basel Credit and/or Market Risk is a plus
  • PMP or scrum master certified is an added advantage in leading projects – SDLC or agile. 
  • Aptitude for system related work, experience in end-user maintenance, requirements gathering, UAT testing and implementation of IT systems
  • Proven business analysis skills, including developing business / functional requirement, user test strategy and test scripts.
  • Experience in SQL, MS PowerPoint, Excel and Word
  • Good analytical and presentation skills, possesses drive and initiative, demonstrate effective leadership
  • Strong team player with effective communication and interpersonal skills.

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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