- Location
- Kuala Lumpur (City Area), Malaysia
- Workplace
- Hybrid
- Type
- Full-time
- Department
- Legal
- Seniority
- Manager
- Education
- Bachelor
- Source
- Workday
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
Job Summary
The Compliance Assurance Analyst is responsible for supporting the compliance assurance function to ensure adherence to regulatory requirements and internal policies within United Overseas Bank (Malaysia) Bhd. This role involves assisting in the execution of compliance reviews, identifying potential risks, and contributing to the enhancement of the bank's compliance framework.
Job Responsibilities
Assist in planning, executing, and documenting compliance assurance reviews across various business units and functions, in accordance with the annual compliance assurance plan.
Gather and analyze data, documentation, and processes to assess compliance with applicable laws, regulations, and internal policies.
Identify control weaknesses, non-compliance issues, and potential compliance risks, and escalate findings to senior team members.
Prepare clear and concise reports detailing review findings, recommendations, and management responses.
Track the implementation of remedial actions and follow up on outstanding compliance issues.
Support the development and enhancement of compliance assurance methodologies, tools, and templates.
Stay abreast of changes in regulatory requirements and industry best practices to ensure the effectiveness of compliance assurance activities.
Collaborate with other compliance teams and business units to foster a strong compliance culture.
Participate in special projects and ad-hoc assignments as required by management.
Job Requirement
Bachelor's degree in Banking, Finance, Accounting, Law, or a related discipline.
3 or more years of experience in compliance, audit, risk management, or a related field, preferably within the financial services industry.
Basic understanding of banking products, services, and regulatory requirements in Malaysia.
Strong analytical and problem-solving skills with attention to detail.
Excellent written and verbal communication skills in English.
Ability to work independently and as part of a team in a fast-paced environment.
Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
High level of integrity and professional ethics.
Familiarity with Bank Negara Malaysia (BNM) guidelines and other relevant financial regulations is an advantage.
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.
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