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VP, Regulatory Advisory, Compliance

Posting Date:  29 May 2023

kuala Lumpur, Wilayah Persekutuan, MY, 50738

Company:  United Overseas Bank (Malaysia) Bhd

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


  • Advise on the interpretation of applicable regulatory requirements to ensure that the requirements are operationalized into the policies, procedures and processes within relevant Business/Support Functions.
  • Review and advise on the adequacy of controls and perform compliance assessment against regulatory requirements. This includes reviewing and clearing materials from non-retail segment to ensure compliance to the relevant requirements.

Regulatory Liaison

  • Disseminating new regulatory issuances from BNM and other regulators that are relevant to non-retail segment, to internal stakeholders, and following up on action taken to meet the new regulatory expectations as well as ensuring its translation into bank's policy or procedures, where applicable.
  • Assist the Head of Regulatory Compliance in preparing reports to highlight to senior management and Board of the significance and impact of the new/revised regulations to the bank.
  • Assist the Head of Regulatory Compliance in managing the communications and dealings between the bank and the regulators. This includes tracking of queries/request for information from regulators and responding satisfactorily to the regulators within any stipulated timeframe as well as reviewing draft correspondence/letters/applications which the Business/Support functions prepared to respond/submit to the regulators.

Market Conduct & Surveillance

  • Coordinating and conducting surveillance on approved electronic communication tools of the Global Market dealing room staffs to detect potential irregularities/misconduct.


  • Perform regulatory risk assessment of applicable laws, rules regulations and guidelines to assess its impact on the bank's business/support functions.
  • Reviewing incident of regulatory breaches, assessing the adequacy of mitigation actions and reporting to group.
  • Prepare materials and conduct trainings to enhance compliance culture.
  • Perform independent validation assessment for BNM's reporting.
  • Participate and contribute in bank-wide project as may be assigned by the Head of Regulatory Compliance.

Job Requirements

  • Degree in any disciplines.
  • Good interpersonal and analytical skills.
  • Work well independently and with a team.
  • Able to multi-task and agile.
  • Working experience in banking/Compliance division would be an advantage.
  • Understanding of FATCA/CRS regulatory matter is also 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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