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.
Overview of the Role
The Business Risk & Controls Management Head will be responsible for leading and overseeing the implementation and management of robust risk and control frameworks across UOB Vietnam&039;s business operations, ensuring compliance with internal policies, regulatory requirements, and best practices.
Job Responsibilities
• Policy & Procedure Development: Develop, review, and update internal policies and procedures related to risk management and internal controls, ensuring alignment with Group standards and local regulations.
• Risk Identification & Assessment: Lead the identification, assessment, and measurement of key business risks (operational, credit, market, reputational, etc.) through regular risk and control self- assessments (RCSAs), scenario analysis, and root cause analysis.
• Strategic Risk Management: Develop, implement, and maintain a comprehensive business risk and control strategy aligned with UOB Group&039;s risk appetite and local regulatory requirements.
• Training & Awareness: Promote a strong risk and control culture throughout UOB Vietnam by developing and delivering training programs and raising awareness among employees on risk management best practices and their roles in maintaining an effective control environment.
• Incident Management: Oversee the investigation and resolution of operational incidents, ensuring appropriate reporting, root cause analysis, and implementation of preventative measures.
• Reporting & Communication: Prepare and present regular reports on the state of business risks and controls to senior management, relevant committees, and Group Risk. Communicate risk management principles and control expectations effectively across the organization.
• Team Leadership: Lead, mentor, and develop a team of risk and control professionals, fostering a culture of continuous improvement and high performance.
• Control Effectiveness Monitoring: Monitor the effectiveness of internal controls, identify control gaps, and recommend corrective actions. Oversee the remediation of control deficiencies in a timely and sustainable manner.
• Framework Implementation: Establish and embed a strong internal control environment across all business units, including the design, implementation, and continuous improvement of control procedures, policies, and guidelines.
• Regulatory Compliance: Ensure all business activities comply with relevant regulatory requirements (e.g., State Bank of Vietnam regulations, anti- money laundering laws, data privacy laws). Act as a key liaison with internal and external auditors and regulators on risk and control matters.
