Search by job, company or skills

U

Business Risk & Controls Management Head

new job description bg glownew job description bg glownew job description bg svg
  • Posted 11 hours ago
  • Be among the first 10 applicants
Early Applicant

Job Description

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

Personal Financial Services: We design and provide products and services that empower our customers to enjoy greater banking convenience while they extract more value from their money. In particular, we are focused on promoting and developing healthy saving and investment practices across generations.

Overview Of The Role

The Business Risk & Controls Management Head will be responsible for leading and overseeing the implementation and management of robust risk and control frameworks across UOB Vietnam's business operations, ensuring compliance with internal policies, regulatory requirements, and best practices.

Job Responsibilities

  • Strategic Risk Management: Develop, implement, and maintain a comprehensive business risk and control strategy aligned with UOB Group's risk appetite and local regulatory requirements.
  • Framework Implementation: Establish and embed a strong internal control environment across all business units, including the design, implementation, and continuous improvement of control procedures, policies, and guidelines.
  • Risk Identification & Assessment: Lead the identification, assessment, and measurement of key business risks (operational, credit, market, reputational, etc.) through regular risk and control self-assessments (RCSAs), scenario analysis, and root cause analysis.
  • Control Effectiveness Monitoring: Monitor the effectiveness of internal controls, identify control gaps, and recommend corrective actions. Oversee the remediation of control deficiencies in a timely and sustainable manner.
  • Policy & Procedure Development: Develop, review, and update internal policies and procedures related to risk management and internal controls, ensuring alignment with Group standards and local regulations.
  • Regulatory Compliance: Ensure all business activities comply with relevant regulatory requirements (e.g., State Bank of Vietnam regulations, anti-money laundering laws, data privacy laws). Act as a key liaison with internal and external auditors and regulators on risk and control matters.
  • Reporting & Communication: Prepare and present regular reports on the state of business risks and controls to senior management, relevant committees, and Group Risk. Communicate risk management principles and control expectations effectively across the organization.
  • Training & Awareness: Promote a strong risk and control culture throughout UOB Vietnam by developing and delivering training programs and raising awareness among employees on risk management best practices and their roles in maintaining an effective control environment.
  • Incident Management: Oversee the investigation and resolution of operational incidents, ensuring appropriate reporting, root cause analysis, and implementation of preventative measures.
  • Team Leadership: Lead, mentor, and develop a team of risk and control professionals, fostering a culture of continuous improvement and high performance.

Job Requirements

  • Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a related field. Master's degree or professional certifications (e.g., FRM, CPA, CIA) preferred.
  • Minimum of 10-15 years of progressive experience in risk management, internal audit, compliance, or controls function within the banking or financial services industry, with at least 5 years in a leadership or managerial role.
  • Technical Knowledge: Deep understanding of banking products, services, and operations. Strong knowledge of risk management frameworks (e.g., COSO, Basel Accords), internal control principles, and relevant regulatory requirements in Vietnam.
  • Analytical Skills: Excellent analytical, problem-solving, and decision-making skills with the ability to interpret complex data and situations.
  • Communication Skills: Exceptional written and verbal communication skills in both English and Vietnamese, with the ability to articulate complex concepts clearly and concisely to diverse audiences.
  • Leadership & Interpersonal Skills: Proven leadership capabilities with the ability to inspire, motivate, and develop a high-performing team. Strong interpersonal skills with the ability to build effective relationships with stakeholders at all levels. Attention to Detail: Meticulous attention to detail and a strong commitment to accuracy and data integrity.
  • Adaptability: Ability to thrive in a fast-paced, dynamic environment and adapt to evolving regulatory landscapes and business needs.

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.

Apply now and make a Difference

More Info

Job Type:
Industry:
Employment Type:

About Company

Job ID: 144901087