VP, IT Audit, Group Audit

VP, IT Audit, Group Audit

Posting Date: 26 Feb 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.

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

As a member of Innovation and Decision Science within the IT Audit function, you will:

• Support the internal audit division to incorporate data analytics (DA) into various business and technology audits.
• Partner with business auditors to identify opportunities for advanced data analytics, robotic process automation, AI and Machine Learning to support continuous auditing and auditing initiatives.
• Support Continuous Audit (CA) rollout and the expansion of CA adoption, including implementation of Predictive Auditing in targeted areas.
• Champion and promote the use of data analytics techniques to internal audit teams, including conducting internal training and sharing sessions.
• Work closely with business auditors on the development of DA use cases and dashboards to identify risk exposures, red flags and potential fraud.
• Support in strategic planning of internal audit DA and automation initiatives.
• Collaborate with country IA on advanced analytics projects and DA roll out.

Job Requirements

• Possess a Bachelor’s Degree in quantitative discipline (Computer Science, Engineering, Maths or Statistics).
• 10+ years of experience in IT or Banking industry with at least 2 to 3 years of working experience as a Data Scientist/ Data Analyst.
• Experience in applying data analytics in audit and compliance areas.
• Knowledge of AS400 systems and related programming languages like RPG and COBOL will be an added advantage.
• Work experience in one or more of the following areas:
• Data analytics tools and programming languages such as SAS, Python, or R.
• Database management systems such as SQL, Oracle, Teradata, etc.
• Data visualization tools, such as Power BI and QlikSense.
• Familiarity with HADOOP platform (MapR/ Hortonworks/ Cloudera, etc - Cloudera would be preferable).
• Data mining for processing, cleansing, and verifying the integrity of data used for data analytics.
• Knowledge of statistics and experience using statistical packages for analysing large datasets.
• Application of various machine learning techniques (Random Forest, Least Mean Square, Support Vector Machine, Natural Language Processing, XGBoost, etc).
• Good understanding of analytics modelling, business needs analysis and data visualization.
• Knowledge and experience in developing exception-based scripts and query reports to facilitate the identification of outliers/ anomalies/ trends.
• Ability to leverage technology and new analytics techniques such as predictive, clustering and sentiment analysis to support data-driven insights and risk identification.

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.