Vp, Business Risk & Analytics, Private Bank

Singapore, Singapore

Job Description


About UOBUnited 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 DepartmentUOB Private Bank is dedicated to managing the wealth of high-net-worth individuals with investment assets of $5million and above. Keeping in mind our clients\' financial objectives, we provide tailored products and solutions that draw on the Group\'s comprehensive suite of personal, business and investment services.The Private Bank Business Risk and Controls Management (PB BRCM) function sits with the PB Business as part of 1st line of defence, under the PB COO organization. PB BRCM actively drives and maintains oversight of the front to back activities and risk profile of the PB business, in close partnership with the business and supporting control functions. The PB BRCM function has responsibility over ensuring proper management and oversight across non-financial risk taxonomies, including Investment Suitability, AML/KYC, Anti-fraud, Conduct, Cross border activities, Data Privacy, BCM etc. The BRCM function runs various risk governances, risk assessments, controls, reviews, and advisory related activities over the PB business.Job ResponsibilitiesAs a member of Private Bank BRCM team, this role will play an important role in assisting the Head of Private Bank BRCM in driving the build out of the Business Risk Analytics & Intelligence
capabilities within the 1st line of defence. Specifically, this role will work closely or manage other members of the BRCM team, as well as having close interactions with Front office and business partners (e.g., Products / COO) on:

  • Drive and implement the Business risk analytics capabilities and strategic projects, including Risk capabilities roadmap (e.g., data sourcing and analytics), to deliver valuable and predictive
risk insights or emerging risk hotspots.
  • Drive innovation and automation initiatives by deploying analytics / AI in reviews, data preparation, sampling, or assurance over key risks taxonomies.
  • Conduct thematic reviews and investigations by harnessing analytics to identify potential conduct risks by working closely with PB business / support functions.
  • Lead and develop specialized business risk expertise in certain risk taxonomies (e.g., Investment Suitability, Anti-Fraud or AML/KYC)
  • Review and uplift assurance and surveillance testing procedures, including sampling methodologies to focus on higher risk subjects.
  • Provide sound and pragmatic risk advisory to business and support function.
  • Manage and develop risk metrics and visualization solutions and dashboards (e.g., Qilksense) or enhanced reports for PB management and business stakeholders.
Job RequirementsAt least 5 years and above of experience in financial institution preferably with background in business risk, compliance, audit, or consulting:
  • Proven experience in working with data for risk management and project management, particularly in data analytics / automation / visualization skillsets.
  • Strong capabilities in driving thematic reviews and assessments of risk topics or special cases (e.g., plan, execute, report)
  • Good abilities in use of tools for data analytics and visualization (e.g., Excel, Qilk, PowerBI)
  • Deep knowledge and experience in programming language (VBA, Python, SQL), or database management.
  • Possesses the necessary communication skills and ability to work effectively with all levels within the organization.
  • Understanding of the Private Bank business, risk taxonomies (AML, Anti-Fraud, or Investment Suitability) and assurance testing procedures would be an advantage.
  • Undergraduate degree in quantitative programme such as Statistics, Business Analytics, Computer Science or Post-graduate degree in analytics or risk management is preferred.
  • Self-motivated, independent, meticulous with analytical mindset to problem solve and drive topics and solutions.
Be a part of UOB FamilyUOB 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.Apply nowStartPlease wait...

UOB

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Job Detail

  • Job Id
    JD1479624
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned