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UOB

Assistant VP, Overseas Compliance Management

UOB
BusinessCentral Region (City Area)Full-time1 months ago
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About the role

AI summarised

Assistant Vice President role in Overseas Compliance Management at a leading Asian bank, responsible for governance oversight of overseas banking entities' compliance functions, providing guidance on regulatory compliance risk frameworks, and supporting strategic projects.

BusinessFull-timeGeneral

Key Responsibilities

  • Act as primary liaison the OBE Compliance function.
  • Provide/ facilitate resolution of the OBE Compliance related matters within Group Compliance and relevant stakeholders, as applicable.
  • Provide guidance on GC regulatory compliance risk framework and programs, matters relating to Overseas Banking Entities (OBE) Compliance governance and oversight.
  • Work with the OBE Compliance to understand compliance related matters as well as monitor and validate the appropriate resolutions, where applicable.
  • Responsible for timely assessment and escalation of significant compliance related matters (such as regulatory compliance risk and developments) to the Team Lead.
  • Identify systemic issues, gaps and recommend mitigation controls for application and adoption to the Team Lead.
  • Promote awareness of GC's policies, guidelines, procedures, Singapore regulations and requirements of OBE via dialogues, formal and informal sharing/training.
  • Review OBE Compliance work papers and documentation for adequacy and completeness.
  • Responsible for timely maintenance and administration of guidelines, procedures and manuals.
  • Support strategic initiatives to improve effectiveness, efficiency and productivity of the team.
  • Identify opportunities for continuous improvement.

Requirements

  • Degree from a recognized university.
  • At least 8 years of experience in compliance, audit, risk or legal functions within the financial services industry.
  • Good knowledge of regulatory compliance requirements and practices in Singapore and regional markets.
  • Strong analytical, problem-solving and communication skills.
  • Ability to work independently and as part of a team.
  • Good stakeholder management and influencing skills.
  • Proactive and able to manage multiple priorities.
  • Experience in dealing with regulatory authorities is an advantage.
  • Familiarity with AML/CFT requirements is preferred.
  • Certified Anti-Money Laundering Specialist (CAMS) or equivalent is a plus.