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 Finance and Corporate Services function manages the financial and administrative needs of the Group to help achieve its business goals.
Job Responsibilities
Balance Sheet Management
• Demonstrate active balance sheet management aligning with market environment and incorporating new business scenario changes, providing strategic recommendation to reshape the balance sheet towards more a stable funding profile.
• Lead discussion at ALCO with senior management and stakeholders to effectively shape and influence the balance sheet growth and optimization with recommendations
• In collaboration with business segments to conduct active management of deposit COF and administered loan repricing during rate hikes to manage the Bank’s Net Interest Margin (NIM)
• Proactive communication and coordination with business to optimize NIM while ensuring relevant Regulatory and Group prudential limits within risk appetite
• Profitability improvement through Balance Sheet optimization via discipline deposit pricing and active loan repricing, exploring several initiatives to improve excess funds deployment yield.
• Able to reshape funding profile towards more NSFR friendly, resilient and less sensitive to rate hike, while continuing rebalanced asset profile towards Trade loan & strategic long- term loan growth.
FTP Framework & Methodology
• To review the Market adjustment on Base rate ensuring the loan is not underpriced from garnering LT FD.
• Ensure FTP methodology is aligned with market leading practice and dynamically recalibrate Liquidity Premium (LP), Liquidity Charge (LC), Reserve Cost aligned with market movement and balance sheet direction
• Proactive in recalibrating LP / LC calibration align with the dynamic market movement as well as addressing new business scenarios
• Provide advisory to business segments on the FTP best practice including Strategic Incentives proposal, new product set- up, etc.
