Company: 1011 United Overseas Bank Ltd
About UOB
United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values – Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.
Job Description
Job Description Summary
The Senior Vice President, Operational Risk & Non-Financial Risk is a senior leadership role within Group Retail Business Risk & Control Management (BRCM). The role is responsible for leading the Operational Risk and Non-Financial Risk (NFR) portfolio across Group Retail, including oversight of overseas businesses, risk governance, risk frameworks, operational risk events, regulatory matters, audit issues, and remediation programmes.
The incumbent will provide independent challenge and strategic risk advisory to business and support functions, drive the effective implementation of the Bank's Non-Financial Risk Management Framework, and support senior management in the identification, assessment, escalation and management of material operational and non-financial risks across the franchise.
Key Responsibilities
Operational Risk Leadership
Lead the Operational Risk and Non-Financial Risk portfolio across Group Retail.
Oversee Key Operational Risk Indicators (KORIs), Risk Appetite Statement (RAS) metrics, operational risk events, near misses, loss incidents, risk and control assessments, audit findings and regulatory issues.
Identify emerging risk themes and assess the effectiveness of risk mitigation and remediation actions.
Provide effective challenge on risk exposures and control effectiveness across business units and support functions.
Risk Governance & Oversight
Lead the Group Retail Operational Risk Forum and related governance processes.
Ensure material operational risk matters are appropriately reviewed, challenged, escalated, and reported to senior management and governance committees.
Support the preparation of risk reporting, management papers and governance submissions.
Drive strong risk governance practices across Group Retail and overseas businesses.
Framework Implementation
Drive the implementation, embedding and enhancement of the Bank's Non-Financial Risk Management Framework, policies and standards.
Strengthen risk governance, risk assessments, incident management, issue management and remediation oversight practices.
Ensure risk management processes remain aligned with regulatory expectations, industry standards and internal policies.
Risk Advisory & Independent Challenge
Provide strategic risk advisory to business units, support functions and project teams on material operational, conduct and non-financial risk matters.
Support informed management decision-making through constructive challenge and risk insights.
Review and challenge business initiatives, new products, transformation programmes and risk acceptance decisions from an operational risk perspective.
Promote sound risk-taking and a strong risk culture across Group Retail.
Regulatory, Audit & Remediation Oversight
Partner with business stakeholders, Internal Audit, Group Compliance, NFRM and regulators on significant risk and control matters.
Oversee remediation of audit findings, regulatory issues and management action plans.
Support supervisory engagements, regulatory reviews and enterprise-wide risk initiatives.
Ensure timely escalation…