United Overseas Bank

VP, Non-Financial Risk Management, Group Risk Management

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Job Location

Singapore, Singapore

Job Description

VP, Non-Financial Risk Management, Group Risk Management

Posting Date: 21 Nov 2024

Location:
Singapore, 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 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 Credit and Risk Management function is comprised of three teams: Risk Management, Credit and Special Asset Management. We manage the risks arising from the Group's business activities within the risk appetite established by the Board. This involves identifying and evaluating the risks, developing effective risk governance and strategies as well as providing independent assessment of the overall risk profile

Job Responsibilities
  • Provide Second Line advisory, review and challenge to Business and Support Units (BU/SUs) in their management of operational risks through various operational risk programmes.
  • Work with and guide BU/SUs in their: 1) identification of key processes, key risks and design of effective controls, 2) implementation of self-assessments, 3) raising of operational risk incidents or management risk awareness reports; and 4) monitoring of operational risks in their day-to-day activities.
  • Monitor the effectiveness of BU/SUs' management of operational risks through analysis of their operational risk programmes.
  • Advise and guide BU/SUs on the use of the Governance, Risk and Compliance (GRC) system.
  • Review and advise BU/SUs' product reviews to ensure that the operational risks are identified and addressed appropriately.
  • Review and advise BU/SUs on their management of third-party risks and provide guidance on their due diligence in GRC.
  • Promote greater operational risk management awareness among the BU/SUs through the conduct of ad-hoc operational risk training sessions.
  • Lead or participate in projects as assigned from time to time (e.g. robotics process automation, risk data analytics).
Job Requirements
  • At least 10 years of operational risk management, quality assurance or other risk control-related function experience from the banking industry.
  • Experienced in internal and external stakeholder management.
  • Degree holder or its equivalent from a recognised tertiary institution.
  • Strong writing skills. Able to understand and succinctly summarise discussions in risk committee meetings.
  • Excellent interpersonal skills to engage a variety of stakeholders within the Bank.
  • Strong team player and collaborator to achieve the agreed team objectives.
  • Self-starter, with initiative and self-drive to achieve good quality work.
  • Highly flexible and adaptive to be able to manage varying exigencies at work.
  • Strong analytical and creative problem-solving 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.

Apply now and make a difference.

Competencies

1. Strategise
2. Engage
3. Execute
4. Develop
5. Skills
6. Experience

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Location: Singapore, SG

Posted Date: 11/22/2024
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Contact Information

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United Overseas Bank

Posted

November 22, 2024
UID: 4946238444

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