Compliance Assurance

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 Compliance function is a strategic partner and a trusted business enabler to the Board and senior management. It is our responsibility to ensure that the Group continuously fulfils its regulatory obligations in today's tight and dynamic regulatory landscape. To do that, we work closely with internal stakeholders to identify and to assess regulatory risks. This collaboration also includes developing practical solutions that integrate regulations into operational requirements as well as actively shaping and promoting stronger compliance culture and literacy in the Bank.
Job Responsibilities
Facilitate a robust assessment of main compliance risks by identifying and maintaining an inventory of all applicable Compliance Laws, Rules and Standards (CLRS) in a risk and control self-assessment framework in collaboration with the Business / Support Units and with the support of internal/external legal counsel where appropriate;
Monitor, test and assist Head to report compliance with relevant compliance risk management framework and internal policies/procedures to Group Compliance, and, if required, to any regulatory authority;
Assist Head in educating relevant staff on compliance issues, and report status of compliance issue in management reports; and
Others as assigned by Head or Country Head of Compliance.