United Overseas Bank Ltd (UOB)

VP/AVP, Basel Credit & Market Risk Change Management Support, Group Finance

United Overseas Bank Ltd (UOB) | Date Posted: 11-Jul-2018
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Job Category:
Qualification:
'N' Levels / 'O' Levels, ITE/ NITEC/ Higher NITEC, 'A' Levels, Diploma, Bachelor's / Honours, Masters / PhD

Job Description

Functional area: Group Finance & Corporate Services
Employment type: Full-time
Job Type: Permanent

Job responsibilities:

We are looking for a suitably-qualified candidate to join the Finance Information Management department within Group Finance. You will support the Group’s Basel Credit & Market Risk system. Your specific responsibilities include:
•         Analyze and plan change requests and projects related to Basel credit & market risk application using Moody’s Analytics Risk Authority software
•         Perform regulatory requirements and data analyses, functional solution review, User Acceptance Test (UAT) preparation, UAT execution and production implementation tasks
•         Tasks include supervision of user access and configuration management of the software system to support User Acceptance Tests (UAT)
•         Conduct functional validation of system changes, including data transport from the Data Warehouse to the Risk Authority database, calculations of the EAD, RWA, EL, CVA risk components and generation of the Basel Pillar 1, Leverage Ratio reports
•         Lead the financial verification of results at the Group level

Job requirements:
•         Degree in Banking/Finance, Risk, Mathematics, Information Technology or related disciplines
•         Minimum of 5 years working experience, preferably in the banking/financial services industry and with exposure and participation in at least 1 major project
•         Good understanding of the MAS Notice 637 governing Basel credit and market risk
•         Knowledge of the Basel Credit & Market Risk financial reporting process and submission frequency
•         Familiarity with the Moody's Risk Authority software module for credit and market risk is a plus
•         Sound knowledge of banking products, including Loans, Overdrafts, Trade Finance and Treasury instruments
•         Understanding of the process of change management, regulatory changes and the reporting cycles
•         Able to oversee change management, as well as track, manage and escalate issues
•         Experience in conducting UAT, logging errors and documenting test scripts, results and findings
•         Proficiency in SQL scripting, MS Excel functions including Pivot table is a must

Other requirements:

•         Good understanding of Data Architecture, Data Warehouse and Business Intelligence subjects
•         Experience with use of analytics tools such as OBIEE and QlikSense is a plus
•         Possess good communication skills, a curious nature and strong ability in problem identification, variance analyses and issue resolution
•         Team player, meticulous and able to work independently and motivate others
Company Overview
United Overseas Bank Ltd (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. Today, UOB is rated among the world’s top banks: ‘Aa1’ by Moody’s and ‘AA-’ by Standard & Poor’s and Fitch Ratings. Generations of UOB employees for the past 80 years have carried through the entrepreneurial spirit, focus on long-term value creation and an unwavering commitment to do what is right for our customers and our colleagues. At UOB, we believe in being a responsible financial services provider and we are committed to making a difference in the lives of our stakeholders and in the communities in which we operate. Just as we are dedicated to helping our customers manage their finances wisely and grow their businesses,