Fvp Head, Operations Risk Goveranance, Toga

FVP Head, Operations Risk Governance, TOGA

Posting Date: 25 Mar

Location: Alexandra (City Area), SG

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 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 Group Technology and Operations (T&O) Risk Governance & Assurance (TOGA) function, as a first line of defense, works closely with T&O leadership to identify, assess, mitigate and manage risks and ensure the existence of appropriate controls. This team works across the T&O functions across the Group to ensure transparency and understanding of operating issues, risks and opportunities, including the sound risk governance and risk oversight of T&O activities. Additionally, the team conducts independent assurance reviews across the T&O functions to ensure that key controls are adequately designed and are operating effectively.

Job Responsibilities

1. Drive adherence by Group Technology & Operations with the Bank's Operations Risk Management Policy and guidelines.
2. Challenge, guide and advise Operations teams on risk matters, ensuring adequate resolution of risk issues, including incidents and complaints.
3. Proactively identify risks and risk trends through monitoring of operations performance in risk and regulatory compliance management.
4. Support senior management in risk oversight and governance, through analysis and reporting of key risk issues/trends and key risk indicators.
5. Work with Data Analysts to leverage analytics to effectively identify risk issues and trends.
6. Provide support and training to foster a strong risk culture and risk awareness within the Operations units.
7. Strengthen risk management and governance oversight capabilities across Operations teams.
8. Function as the key liaison party with the regulators (e.g., MAS) to represent Operations teams on responses to queries.
9. Work with various second-line functions to manage the implementation of Operations Risk Management-related policies and initiatives.
10. Participate/lead relevant risk governance and management projects.
11. Build and lead a high-performance team.

Job Requirements

1. Minimum of 15 years working experience with at least 7 years in operational/enterprise risk management, audit, compliance, preferably in a banking environment.
2. A university degree in business, accounting or any risk management related domain.
3. Sound knowledge of regulatory requirements would be advantageous (e.g., Banking Act, Personal Data Protection Act, MAS Notice, MAS Notice).
4. Broad and deep experience in managing and/or assessing the adequacy of controls over operational activities of a bank.
5. Good communication, presentation and influencing skills; able to manage stakeholders across multiple disciplines.
6. Outstanding skills in MS Word, MS Excel, PowerPoint, and Outlook.
7. Knowledge/experience in data analytics will be an added 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. Apply now and make a difference.