Job 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.

About the Department

The Credit and Risk Management function is comprised of three teams: Risk Management, Credit and Special Asset Management. We manage the risks arising from the Group\'s business activities within the risk appetite established by the Board. This involves identifying and evaluating the risks, developing effective risk governance and strategies as well as providing independent assessment of the overall risk profile.

Job Responsibilities

• Prepare daily (P&L) reporting for treasury and ensure P&L is able to reconcile within treasury system and GL system
• Provide daily P&L commentary, attribution analysis and variance investigation to the traders as well as to resolve/ identify P&L issue
• Ensure monthly balance sheet P&L positions are correctly reported. Identify the gap between Front Office P&L from treasury system and adjustment posting from GL system
• Work with IT, Front Office, Finance and Back Office to resolve P&L impact of the trades to ensure correct correct posting from treasury system to GL system.
• Prepare monthly valuation reserves and hedge accounting computation
• Perform daily trade surveillance e.g. Off Market Rate, IR fixing & FX surveyed benchmark monitoring, front run, wash trade, position parking etc and exceptional trade investigation
• Support treasury ad-hoc and work with various stakeholders to advise on product control and/ or trade surveillance matters e.g. trade booking flow, product program review, treasury system UAT and new process roll out etc
• Assist in product valuation & control process enhancement to achieve business cost efficiency
• Handle ad-hoc audit request and regulatory request and timely review internal control standards to ensure adherence to the bank\'s guidelines/ frameworks

Job Requirements

• Degree with major in Accounting, Quantitative Finance/ Economics, Actuarial, Statistics or related discipline
• Ideally someone with 4 - 10 years of experience within product control, market risk or financial P&L reporting. Position ranking depends on experience
• Strong knowledge in treasury P&L reporting and/ or understanding of the product types traded by the trading & sales desks
• Proficiency in VBA programing is definitely a MUST. Strong knowledge in MS Office application e.g. Excel
• Strong reporting process skills, understanding of the trades booking flow, settlement, accounting and treasury product knowledge
• Experience with Front Office treasury system application and GL accounting
• Strong quantitative skills, IT savvy with good technical/ analytic mindset, possession of good communication and problem-solving skills
• Self-starter, ability to work independently and a dynamic team player. Ability to multi-task and work well under pressure with commitment to deliver

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.

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UOB