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VP, Internal Audit for Global Markets, Group Audit

Posting Date:  26 Apr 2025
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

The Audit function is an independent internal audit team that provides objective assurance and consulting to improve and add value to the Group’s operations. We help the Group achieve its strategic objectives by adopting a systematic and disciplined approach towards evaluating and improving the effectiveness of risk management, control and governance processes.

Job Responsibilities

The successful candidate will join the Global Markets Audit team, which conducts independent audits to evaluate the adequacy and effectiveness of risk and control processes within the Bank’s Global Markets business (including Trading, Sales of treasury products, Structuring, and Asset Liability Management) and its control & support functions (such as Market Risk, Product Control, and Treasury Operations). The team is responsible for audits in Singapore and participates in audit projects in overseas subsidiaries and branches.

 

In addition to planning and managing audit assignments, the candidate is encouraged to explore and develop data analytics tools to enhance the efficiency and effectiveness of audit procedures.

 

Key Responsibilities

  • Conduct risk assessments of Global Markets auditable entities in accordance with Group Audit standards.
  • Identify emerging risks and industry trends, assessing their implications for auditable entities and the audit plan.
  • Plan, execute, and manage end-to-end audits, ensuring adequate coverage of key controls and processes.
  • Assess the effectiveness of controls, determine the potential impact of any control failures, identify root causes, and recommend corrective actions. Present concise and clear reports on audit findings and recommendations.
  • Establish and maintain effective working relationships with various business and support units.
  • Utilize technology and data analytics to enhance productivity.

Job Requirements

  • Relevant degree and certification with at least 8 years of working experience.
  • Professional auditors with exposure to the Global Markets business or its control and support functions. Practitioners from the business and control & support functions are also welcome to apply. Candidates with working knowledge of the Murex system will have an advantage.
  • Excellent oral and written communication, negotiation, and presentation skills.
  • Strong project management skills.
  • Robust analytical and problem-solving skills. Candidates proficient in using Business Intelligence tools, such as SAS and QlikSense, will have an advantage.

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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