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
The successful candidate shall act as finance business partner to Global Markets (GM), responsible for the accounting and reporting of the business.
The candidate will also be involved in delivering forward looking insights and analysis to influence decision making. The candidate will be required to undertake the review of existing products under the Product Programme for the Global Markets business and ensure overall finance requirements are defined and delivered in new products offered by Global Markets. The candidate must also possess good product, business and operational knowledge of the Global Markets Business and be able to leverage their experience to provide an external benchmark perspective of finance best practices.
Key Responsibilities
Product Support
- Support review of new and existing products and bundles, ensuring finance-related risks are appropriately addressed or escalated.
- Act as single point of contact for downstream financial, regulatory and capital matters with support from appropriate SMEs (Accounting policy, Financial/Regulatory/Capital Reporting, Finance System Support, including respective overseas Finance teams).
- Participate in the project lifecycle of New Product rollout, such as requirements gathering and development, UAT, dress rehearsals.
- Work with Front Office, Technology and Back Office (Ops, Accounting Policy) to ensure appropriate accounting and reporting for treasury products.
Financial and Performance Management Reporting for Global Markets Structuring
- Provide timely financial performance reports, delivering in-depth analysis with insights into performance of the business by customer segment, product and country.
- Partner with business in strategic planning, annual target setting and budgeting, monthly forecast and Key Performance Indicator tracking.
- Partner with business to identify opportunities, business levers and initiatives to deliver financial targets and growth opportunities.
- Undertake process reviews to ensure robust financial control framework is embedded for the desk
- Advise financial control best practices that minimize operational risk and enhances efficiency for the business.
Job Requirements
- Bachelor Degree (Accounting, Finance or Business) with 5-10 years relevant working experience in the banking industry, preferably with exposure to Global Markets products and business activities.
- Strong analytical and problem-solving capabilities.
- Strong communication and articulation skills, with the ability to explain business, financial, and technical concepts in a clear and concise manner.
- Ability to collaborate and engage with a wide group of stakeholders, including front office, market risk, product control, operations and finance.
- Able to manage ongoing scope changes and unknowns typically associated with adhoc business initiatives or project implementation.
- Proficiency in Microsoft Excel and Powerpoint
Desirable Skills and Experiences
- Knowledge of or experience in Murex system.
- Experience with Power BI is preferable.
- Experience in leveraging AI assisted tools to support day-to-day activities.
Additional Requirements
Product Support
Support review of new and existing products and bundles, ensuring finance-related risks are appropriately addressed or escalated.
Act as single point of contact for downstream financial, regulatory and capital matters with support from appropriate SMEs (Accounting policy, Financial/Regulatory/Capital reporting, Finance System Support, including respective overseas Finance teams)
Participate in the project lifecycle of New Product rollout, such as requirements gathering and development, UAT, dress rehearsals.
Work with Front Office, Technology and Back Office (Ops, Accounting Policy) to ensure appropriate accounting and reporting for treasury products.
Financial and Performance management reporting for Global Markets Structuring
Provide timely financial performance reports, delivering in-depth analysis with insights into performance of the business by customer segment, product and country.
Partner with business in strategic planning, annual target setting and budgeting, monthly forecast and Key Performance Indicator tracking.
Partner with business to identify opportunities, business levers and initiatives to deliver financial targets and growth opportunities.
Undertake process reviews to ensure robust financial control framework is embedded for the desk.
Advise financial control best practices that minimize operational risk and enhances efficiency for the business.
Requirements
Bachelor Degree (Accounting, Finance or Business) with 5-10 years relevant working experience in the banking industry, preferably with exposure to Global Markets products and business activities.
Strong analytical and problem solving skills.
Strong communication and articulation skills, with the ability to explain business, financial, and technical concepts in a clear and concise manner.
Ability to collaborate and engage with a wide group of stakeholders, including front office, market risk, product control, operations and finance.
Able to manage ongoing scope changes and unknowns typically associated with adhoc business initiatives or project implementation.
Proficiency in Microsoft Excel and Powerpoint
Other Desirable skills and experience
Knowledge of or experience with Murex system.
Experience with Power BI
Experience in leveraging AI assisted tools to support day-to-day activities.
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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