VP, Data Analytics & Continuous Monitoring, T&O Risk Governance and Assurance

Posting Date: 09-Oct-2021

Location:
Alexandra, Singapore, SG

Company: United Overseas Bank Limited

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 Technology and Operations function is comprised of five teams of specialists with distinct capabilities: business partnership, technology, operations, risk governance and planning support and services. We work closely together to harness the power of technology to support our physical and digital banking services and operations. This includes developing, centralising and standardising technology systems as well as banking operations in Singapore and overseas branches.

Job Responsibilities

To be an innovative leader responsible for (i) the creation of new data analytics and science capabilities and (ii) leading data-driven continuous monitoring efforts, in a first-line-of-defense risk and control function within Group Technology & Operations of a large and complex financial institution. Envision and execute strategies to improve visibility of risk insights, and enhance the effectiveness of T&O risk assurance programs, through process automation and analytics to influence the early identification and management of emerging risks.

Data Analytics & Innovation

• Proactively work with the T&O Risk Governance & Assurance function head, department heads and domain specialists within the function in order to provide advanced analytic data modeling systems for use cases.
• Provide shared services to the larger T&O Risk Governance & Assurance function in the main overseas banking subsidiaries for use case data analytics and modelling deployment.
• Design and launch innovative and complex analytic models, utilizing a blend of contemporary and traditional data mining techniques, applied to both structured and unstructured data sets.
• Oversee activities of the data analyst ensuring proper execution of duties and alignment with the function's overall vision.
• Nurture data analytics skills within the risk and assurance teams.

Continuous Monitoring

• Lead continuous monitoring efforts to ensure adherence with processes by the respective operating units. This would include but not be limited to the following:
• Ensure adequacy and effectiveness of anti-money-laundering controls for new accounts opened, and data integrity of relevant records; and
• Ensure adequacy and effectiveness of financial reconciliation controls, and financial data integrity.
• Drive automation efforts for continuous monitoring processes to reap efficiency and effectiveness gains.
• Oversee activities of the continuous monitoring specialist to ensure proper execution of duties and alignment with the function's overall vision.

Job Requirements

• A degree in Statistics, Machine Learning, Mathematics, Computer Science, Economics, Accountancy or Business.
• At least 10 years of relevant working experience involving data analytics, and/ or experience in external / internal audit. Candidates with familiarity in both areas will be favourably considered.
• Be technologically adept and especially demonstrate an understanding of database and computer software, and to be highly proficient and experienced in scripting languages and have rapid prototyping skills. Fluency in SQL, Python, R, Java, VB, SQL server reporting services, SAS, Statistica, Matlab, Qliksense, Tableau.
• Be detail-oriented and meticulous, with a keen interest in performing monthly continuous monitoring reviews. Candidates with familiarity with banking and finance operations, including AML, nostro reconciliation and GL proofing processes, will be preferred.
• Outstanding skills in the use of MS Word, MS Excel, PowerPoint, and Outlook is a must. This is necessary for the creation of both visually and verbally engaging reports and presentations, for senior management, executives, and stakeholders.

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.