Company: 1011 United Overseas Bank Ltd

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

About the Department

Market Risk and Product Control is the function in Group Risk Management supporting the bank's Treasury business responsible for P&L Reporting, analysis and reconciliations, Market data and valuation controls, Book controls, Structured Products governance and Market Risk computation, monitoring and controls. The Product & Financial Control Team is responsible for the timely and accurate delivery of reporting and monitoring of business activities of Global Markets. The key responsibilities include Profit & Loss reporting/analysis, Stop Loss monitoring, Valuation Reserves, Profit & Loss reconciliation.

Job Responsibilities

Responsible for daily product control processes which covers daily profit and loss reporting, analysis of profit and loss movements with commentaries. Asset classes coverage includes equity, commodity, credit and fixed income, interest rates and FX.
Responsible for daily Group MIS consolidation reporting processes.
Responsible for monthly profit and loss reconciliation to ensure reconciliation breaks between economic profit and loss and general ledger are explained.
Review of processes across different locations to ensure product control processes standardization.
Participation in strategic projects to consolidate and enhance automation of the profit and loss processes and support new business initiatives.

Job Requirements

0-2 years of experience in the finance industry, those with prior experience in risk management, middle office, product control or audit will have an advantage
Minimum Degree in Banking & Finance / Business or its equivalent professional certificates.
Highly numerate and strong analytical skills.
Must be able to work to tight deadlines and prioritize conflicting demands. To cover various time zones, staggered working hours may be necessary.
Good team player who possess drive, initiative, have an eye for details and able to work independently under pressure to produce accurate and timely work.

Additional Requirements

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

Senior Officer, Product Controller