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 function is responsible for activities related to the Accounting and Budget functions, in addition to payroll activities and Tax functions for the entire firm.
Overview of Role
Financial and Regulatory Reporting is responsible for the provision of timely, accurate, and reliable financial management information, and the running and enhancement of reporting systems that facilitate the production of this information. The Regulatory / Statutory Reporting focus specializes in capital adequacy reporting and all aspects of regulatory reporting. Provides required reporting to applicable regulatory bodies, and regulatory information for inclusion in board reports, news releases, and public financial reports.
Job Responsibilities
• Participate in related enhancement and automation projects.
• Follow up and resolve any problems/issues relating to regulatory reporting.
• Other tasks assigned by Reporting team lead and ERC Head.
• Calculate general and specific provision per SBV’s requirements.
• Prepare timely and accurate reports for submission to regulators including SBV, CIC, DIV, NFSC etc.
• Calculate regulatory prudential ratios and safety limits.
• Work with relevant report owners, data feeders ensuring required reports/data submitted timely and accurately.