First VP, Head of Technology Risk Governance
Singapore (City Area), Singapore, SG, 048624
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
Group Technology and Operations (GTO) provides software and system development, information technology support services and banking operations.
We have centralized and standardized the technology components into Singapore, creating a global footprint which can be utilized for supporting our regional subsidiaries and the branches around the world. We operate and support 19 countries with this architecture to provide a secure and flexible banking infrastructure.
Our Operations divisions provide transactional customer services for our businesses while also focusing on cost efficiency through process improvements, automation and straight through processing.
Job Responsibilities
Collaborating closely with the Technology and Operations teams across the Group, the successful candidate will support the Group Head of Technology & Operations Risk Governance, to drive first-line Technology risk governance activities and provide effective governance oversight on T&O third-party risks. This will include, but not be limited to the following:
- Drive adherence by Group Technology & Operations, with the Bank’s Technology risk management and third- party risk management framework, policies & guidelines.
- Strengthen risk management and governance oversight capabilities across Technology and Operations teams. Challenge and advise teams on technology and third-party risk matters, to ensure adequate resolution of risk issues, including incidents and complaints.
- Proactively identify risks through monitoring of technology and third-party performance in risk and regulatory compliance management (through tracking of issue resolution arising from regulatory compliance breaches, technology risk incidents, special reviews / audits / inspections)
- Support senior management in risk oversight and governance, through analysis and reporting of key risk issues/ trends, key risk indicators, and facilitate discussions during the regular governance committee meetings. Ensure adverse trends across the Group are addressed timely with effective measures to reverse the trend to an acceptable level that is agreed by T&O Management.
- Ensure timely escalation of risk issues and incidents across the Group, for management awareness and development of action plans, and timely reporting to Second Line as required by Bank’s policies, and regulators as required by applicable regulations. Ensure timely closure of key actions set out to address risk issues, with review of artefacts to ensure issues are addressed adequately.
- Provide support and training to foster strong risk culture and risk awareness within the Group. Develop effective and collaborative relationships and foster ongoing open lines of communication regarding IT and third-party risk governance across the Group.
- Function as the key liaison party with the regulators on responses to queries. Ensure timely and effective operationalization of new/ existing regulatory requirements.
- Lead and mentor team effectively to achieve outcomes, and build a high-performing and motivated team.
Job Requirements
- Minimum of 15 years working experience with at least 7 years in any of these disciplines: technology and information risk management, audit, compliance, third-party risk management, preferably in a banking environment. Broad and deep experience in managing and/or assessing the adequacy of controls over technology system and controls in a bank.
- A university degree in IT, computing, Information Systems or any risk management related domain. Professional certifications like CRISC, FRM, CA, CISA, CISM, CISSP will be advantageous.
- Strong leadership skills to sustain a high-performing and motivated team.
- Good communication, presentation and influencing skills and able to manage stakeholders across multiple disciplines.
- Outstanding skills in the use of MS Word, MS Excel, PowerPoint, and Outlook. This is necessary for the creation of engaging reports and presentations, for senior management, executives, and stakeholders.
- Knowledge/ experience in data analytics will be an added advantage.
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.
Apply now and make a difference.
* Salary range is an estimate based on our InfoSec / Cybersecurity Salary Index 💰
Tags: Analytics Audits Automation Banking CISA CISM CISSP Compliance CRISC Data Analytics Governance Monitoring Risk management RMF
Perks/benefits: Flex hours
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