AVP, Risk & Ctrl Assurance Officer, TROC

Kuala Lumpur
Permanent
Full-time

1 month ago

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.Job Description

Conduct periodic reviews on Trade Finance transactions to ensure compliance with policies, guidelines & regulatory requirements including AML/CFT guidelines, ICC guidelines on Trade Finance, internal bank-wide policies and Standard Operating Procedures
Periodic Reviews of SOPs, Internal Approving Matrices, Threshold Limits, operational / business workflows and workflow improvement initiatives
Prepare and review BIA, BCP, KORI, KRCSA and other relevant risk assessment documents
Liaison between the Department and Country Compliance in AML/CFT matters and assist in the effort to raise awareness against money laundering and terrorism financing issues through trainings/briefings and dissemination of articles and information, where applicable
Update staff on the latest changes in legal, regulatory, statutory requirements, internal policies and guidelines, where applicable
Liaise with reviewers on their queries and sampling requirements and follow up on Audit Reports and other Review reports, when required.
Conduct Pre and Post transactional reviews and random checks including verification and reconciliation of GL, reports, etc
Handle ad hoc duties as and when assigned by Team Leader/Management

Roles and Responsibilities:

Ensure SOP/self-assessments and other documentation reviews are conducted in line with bank-wide risk procedures and standards and timelines set.
Ensure that the reviews, checks and verification processes are completed timely and outstanding items, if any are closed appropriately according to policies/guidelines.
Ensure awareness and full compliance of all laid down rules, policies, guidelines, procedures, practices and code of conduct imposed by the organization.
Establish and maintain close working relationship with Operations teams and other stakeholders to facilitate the smooth running and handling of the day-to-day operations.
Assist the team management in overseeing the daily operations of the team and contribute towards meeting the team’s objectives

Requirements:

Possess a degree
At least 8 years of relevant working experience
Good communication and interpersonal skills
Self-motivated, team player with the ability to work independently under pressure with tight timelines
Good risk awareness and ability to understand risk procedures and processes

Additional RequirementsBe a Part of the 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

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