VP, Internal Investigation Specialist

Job title: VP, Internal Investigation Specialist

Company: UOB


Job description: 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.About the DepartmentThe Compliance function is a strategic partner and a trusted business enabler to the Board and senior management. It is our responsibility to ensure that the Group continuously fulfils its regulatory obligations in today’s tight and dynamic regulatory landscape. To do that, we work closely with internal stakeholders to identify and to assess regulatory risks. This collaboration also includes developing practical solutions that integrate regulations into operational requirements as well as actively shaping and promoting stronger compliance culture and literacy in the Bank.Job ResponsibilitiesInternal Investigation:

• Investigate cases escalated through internal channels or external channels.
• Interview and manage witness or subject of interest.
• Write up and prepare investigation report according to the Service Level Agreement (SLA).
• Establish and ongoing maintenance of internal fraud investigation methodologies (e.g. processes, SLAs, interaction models), based on investigation standards defined by Fraud Risk Management (FRM) policies.
• Work with relevant Business Unit / Support Unit and Business Risk and Control Management (BRCM) functions to outline remediation plans to address control deficiencies identified through the course of the investigation.
• Track remediation actions if any, and identify opportunities for enhancement of existing processes, controls, etc.
• Present the case synopsis to the management committees and attend to queries related to internal fraud cases.

Fraud Risk Management:

• Assist the Anti-Fraud, Bribery & Corruption (AFBC) Team Lead in developing and implement the overall strategy for Fraud and ABC compliance in order to ensure Fraud & ABC standards and requirements are implemented to a high standard.
• Oversees and owns the policies relating to Fraud and ABC.
• Support Business Units in the implementation of an effective control framework.
• Provide advisory on Fraud, ABC related requirements and a subject matter expert on all Fraud and ABC compliance related topics.
• Assist the AFBC Team Lead in designing and implementing Line 2 compliance framework for Fraud and ABC.
• Defines and owns procedures for the Fraud and ABC compliance team to ensure robust processes / sufficient support to business & support units on Fraud and ABC issues.
• Oversees delivery of training on Fraud and ABC policy requirements and Fraud and ABC compliance related initiatives.
• Assist AFBC Team Lead in managing the coordinating Fraud Risk Management Committee Meeting.
• Review and report to Senior Management and relevant Committees any Fraud and ABC compliance issues / matters that are significant / strategically important.

Job Requirements

• Bachelor’s degree holder or relevant professional qualification.
• 8-10 years of experience in the financial industry with a specific focus on financial crime and some exposure to Fraud and/or ABC risks / Compliance issues.
• Understanding of banking industry, especially retail and wholesale banking products.
• Understanding of regulatory landscape and industry practices relating to Fraud and/or ABC risks / Compliance issues.
• Experienced in writing, owning and operationalizing compliance policies in a financial services / banking context.
• Broad understanding of risk management, compliance and corporate governance issues.
• Project management skills and familiarity with project management tools.
• Experienced in engaging with multiple stakeholders at all levels of seniority, including Senior Management, both in Line 1 business teams and internal control teams.
• Experienced in working directly with regulators preferred.

Be a part of 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.Competencies1. Strategise2. Engage3. Execute4. Develop5. Skills6. ExperienceApply nowStartPlease wait…

Expected salary:

Location: Kuala Lumpur

Job date: Sat, 05 Apr 2025 04:26:16 GMT

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