Jobs at UOB (Now Hiring) — 526 open — Page 24

Company: 3801 UOB Vietnam

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.

Job Description

About the Department

The Wholesale Banking function operates a dynamic business model that provides financial services and solutions to help our clients achieve their strategic business objectives. Our mission is to become the premier-provider of banking services and solutions for Asia-based commercial banking companies (small medium enterprises), large corporations, financial institutions as well as multinational corporations. Our coverage teams work in full alignment with specialised teams across Transaction Banking, Investment Banking, Global Markets and Group Retail to deliver seamless solutions to our clients.

Job Responsibilities

The successful candidate will work as UOBV WB risk and control specialists. The key responsibilities are as follows:

Advisory and Controls and Management

• Provide advisory support/guidance to the WB business units on relevant rules and regulations and ensure that relevant business and support functions develop relevant procedures and processes.
• Works closely with Bank’s Compliance team, who provides independent oversight on Bank-wide compliance matters, to seek advice on relevant regulatory subjects and ensure business complies with relevant Bank Compliance’s policies and guidelines.
• Review and provide advisory for investment product, foreign exchange transaction and Legal Lending Limit (“LLL”) to the WB business units.
• Facilitate and ensure that the relevant sales assurance programs are developed and implemented by respective business and support functions. Act as key point person/consultant to the sales platform on regulatory matters relating to sales processes and procedures.
• Ensure compliance of the significant and relevant compliance risk to applicable regulations for WB.
• Define best practices/standards/methods for the management of major compliance/regulatory risks within WB, and working together with WB business units to implement operational policies, processes and procedures to ensure adherence to relevant regulations.
• Proactively identify areas for improvements and assist to implement/enhance procedures, processes, internal controls to strengthen the first line of defense.

AML/CFT/Sanctions

• Work with WB business units to address AML/CFT/Sanction issues and streamline the review process to drive business efficiency
• Participate in AML projects and contribute to these projects
• Provide necessary support to the WB business units and perform quality review of the assessment results including challenging the results where necessary pertaining to the Enterprise Wide Risk Assessment. 
• Lead the monitoring of adherence to the Group AML/CFT/Sanctions policy, guidelines and directives:

(a) Monitor ML/TF Sanctions audit issues

(b) Work with stakeholders to address potential issues / gaps identified from the ongoing monitoring process

• Identify and assess money laundering, terrorist financing and sanctions risk exposure for new business programs; and advise Business on appropriate mitigating measures where applicable.
• Escalate product or process issues that pose ML/TF/Sanctions risk to Bank’s Compliance team in accordance with the escalation protocols.
• Work with Bank’s Compliance team on AML/CFT/Sanction matters and initiatives (ie. policies, guidelines, framework, training, annual compliance plans, etc).
• Review and provide advisory for customer acceptance of certain criteria, customers affected by non-material adverse news, maintain / revoke gray list, annual existing product program in accordance with applicable SOP.
• Provide advisory service of customer acceptance (with certain criteria), grey list (maintenance) and investment product related.

General

• Track enquiries into compliance incidents and complaints, and assist Bank’s Compliance team to carry out further investigations as appropriate
• Reviewing responses to regulators and communicating with regulators
• To identify and work with analytics/data on system initiatives to increase operational efficiencies
• Manage and co-ordinate, internal and external audits including regulatory inspections and to follow up on any issues raised and satisfactorily closed.
• Provide the necessary training material for the sales (working with business’ training team or Learning & Development Centre, where applicable) on new procedures & processes as well as any compliance-related matters.
• Participate and undertake ad hoc projects related to business controls and operational risk

Job Requirements

• Degree or professional qualification in business or audit/banking/financial services related areas
• Has minimum 5 years of relevant work experience preferably in a Bank or a financial institution, preferably in a corporate banking/wholesale banking environment
• Good knowledge/understanding of Vietnam Banking/ Financial Institution regulatory requirement and environment
• Has the exposure to the full cycle of customer life-cycle in Wholesale Banking.
• Possesses good analytical and problem-solving skills
• Strong interpersonal, communication and presentation skills
• Able to develop on-going “trusted advisor” relationship based on the ability to understand, analyze, discuss and address key business challenges raised.
• Able to build constructive and effective relationships with teams, Peer and Senior Management
• Able to work on multiple assignments and project management skills
• Self-driven, with proven record in people management
• Meticulous and able to operate expeditiously in a non-structured environment.
• Able to work under pressure and autonomously in a rapid changing environment.
• Having a professional AML-related certification is a clear advantage.
• Knowledge in the application of digitalisation, technologies and data analytics would be an added advantage.

Additional Requirements

Be a Part of the 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.

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