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.

Job Description

Perform daily, weekly, and monthly reconciliations of financial accounts, including bank statements, ledger accounts, and other financial records for for all the Operations Centers, subsidiaries and overseas branches that CoE is supporting
Ensure all transactions are accurately recorded and discrepancies are promptly identified.
Investigate and resolve discrepancies found during the reconciliation process
Communicate with relevant departments to understand the root cause of discrepancies and implement corrective actions
Maintain detailed and accurate records of reconciliation activities
Prepare reports on reconciliation status, discrepancies identified, and resolutions made.
Assist in the development and implementation of standardized reconciliation procedures and policies
Utilize data analytics tools (Excel, SQL, Python, Power BI, etc.) to automate reconciliation processes and enhance data validation
Using data analytics tools, develop dashboards and reports to track reconciliation trends and anomalies.
Suggest improvements to existing reconciliation processes to enhance efficiency and accuracy
Ensure compliance with internal controls, company policies, and regulatory requirements
Adhere and support the bank Risk & Control framework through various programs which include appropriate Key Risk Controls Self-Assessment (KRCSA), Key Risk Indictors (KRI), Management Risk Awareness (MRA), Incident Reporting (IRF) and Business Continuity Management (BCM)
Adhere to best practices in reconciliation and financial reporting
Liaise with internal and external stakeholders, including finance teams
Provide support during audits and regulatory reviews by supplying necessary documentation and explanations.
Execute accurate and timely setup/maintenance of securities & client static data, controls, and access across CSS/SGX and related platforms, ensuring day-to-day BAU completion and strong control adherence.
Create, amend, and close security counters in Custody System upon request.
Perform bond/equity price activitiesweekly/monthly/ad-hoc price updates
Open/close & maintain CSS accounts, and handle ad-hoc maintenance (freeze/uplift, charge codes etc).
Run EOD checks and month-end exception checks per checklist.
Follow SOPs & checklists and escalate exceptions to checker/lead, coordinating RPA/WORC hand-offs as defined.

Job Requirements

Diploma/ Bachelor's degree holder
Previous experience in Banking & Financial services industry is preferred
Must have strong data analytics skills, with experience in Excel (advanced functions, macros), SQL, Python, or data visualization tools (Power BI, Tableau).
Some knowledge and understanding on operational risk management and financial industry regulations will be a plus
A team player, strong interpersonal and communication skills.
Ability to work effectively, under pressure, in a rapid changing environment, as well as autonomously and as an effective member of a dynamic team.
Possesses good analytical and problem-solving skills
Self-driven, meticulous and able to operate expeditiously to deliver results and meet tight timelines

Additional Requirements

Diploma, Engage (3 - Meets), Financial institutions (Inactive), Must have strong data analytics skills, with experience in Excel (advanced functions, macros), SQL, Python, or data visualization tools (Power BI, Tableau).

Some knowledge and understanding on operational risk management and financial industry regulations will be a plus

A team player, strong interpersonal and communication skills.

Ability to work effectively, under pressure, in a rapid changing environment, as well as autonomously and as an effective member of a dynamic team.

Possesses good analytical and problem-solving skills

Self-driven, meticulous and able to operate expeditiously to deliver results and meet tight timelines, University-Bachelor

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.

Apply now and make a Difference

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