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
Compliance Governance and Oversight is responsible for the design and maintenance of the compliance function governance and oversight frameworks. The team assists in developing compliance strategy and performs a control tower governance and oversight role on the Bank's compliance program. The team also maintains compliance policies, procedures and guidelines at the function-wide level.
We are seeking professionals with deep expertise in blockchain, tokenization, digital assets and digital currencies, along with proven experience in building compliance capabilities across processes, systems and people. The ideal candidate should possess a deep understanding of the applicable regulations and emerging regulatory developments in the blockchain and digital assets (e.g. stable coins, tokenized assets, digital payment), as well as the associated financial crime risks.
Key Responsibilities
- Implement a Blockchain & Digital Assets Compliance framework that aligns with applicable local and international regulations (e.g., MAS Payment Services Act, stable coin regulatory frameworks, AML/CFT Notice etc., and the Compliance Target Operating Model to enable effective oversight and monitoring.
- Identify gaps in existing compliance processes and system capabilities and support the enhancement of these areas to support future products and services. This includes strengthening ongoing compliance activities such as transaction monitoring, payment screening, and other core compliance activities.
- Work closely with business, technology, legal, operations and fraud teams to embed compliance into new products and services.
- Provide compliance advisory to internal stakeholders e.g. Business, Risk Management, Operations and Technology, as the Bank expands into new products and services.
- Support new product/service approval processes, including assessment of regulatory obligations, potential risk implications and mitigants.
- Support execution of system design, tuning, testing, and implementation for blockchain analytics providers.
- Manage analytics and data integrity, including support for compliance data sourcing, quality checks, reconciliations, and defining requirements for compliance analytics and models related to digital assets.
- Provide key Compliance updates on blockchain and digital assets initiatives to the relevant governance forums and committees.
- Support engagement with regulators, auditors and industry bodies, representing the Bank in forums and working groups and building strong external relationships.
- Monitor evolving local and international regulatory developments in the blockchain and digital assets space and ensure that relevant internal stakeholders are kept informed of emerging requirements, impacts, and necessary compliance actions.
- Deliver training on blockchain, digitalasset risks, AML/CFT typologies, and related subjects to strengthen stakeholders understanding of regulatory obligations and compliance risks.
Requirements
- Degree holder with minimum of 8 years of experience as a Compliance professional in financial institutions, payment companies or fintech.
- Proven experience in executing group-wide digital asset initiatives, where experience in anti-financial crime compliance or risk management, particularly relating to digital assets, is essential.
- Strong knowledge of digital asset payments, applicable regulations and industry compliance best practices.
- Familiarity with blockchain analytics solutions, including system design, implementation and integration work.
- Ability to work effectively in a fast-paced, rapidly evolving environment, working independently as well as collaboratively within cross-functional teams.
- Strong team player with excellent interpersonal, analytical, and problemsolving skills, and the ability to effectively manage stakeholder expectations.
Additional Requirements
Develop, Engage, Execute, Strategise
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
