Vice President, Operational
6 months ago
Vice President, Operational & Technology Risk Management
Posting Date: 13-May-2023 Location:Hong Kong (City Area), Hong Kong
Company: UOB Hong Kong
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 Risk Management manage the risks arising from the Group’s business activities within the risk appetite established by the Board. This involves identifying and evaluating the risks, developing effective risk governance and strategies as well as providing independent assessment of the overall risk profile.
Job Responsibilities
Support the Head of Operational Risk in maintaining the bank’s operational and technology risk register, incident reporting, identifying risk gaps and controls. Conduct technology risk management assessment and provide advice / critical challenges to products and projects. Identify, assess, mitigate, monitor and report operational / technology risk issues; and prepare documentation and report to management and committees. Liaise with different teams and departments to develop operational risk mitigation measures, and monitor the status on action plans. Follow up and liaise with IT, Business, Compliance and Regulator on key IT related incidents. Support periodic review and assessment on technology risk areas, including IT Outsourcing, DR, BCP, and monitoring and controls. Develop, maintain, disseminate and implement technology risk management policy, standards and guidelines. Work with information technology teams on information security risk management. Provide advice in banking application security, including latest cyber security trends and threats. Build and maintain effective relationships with key stakeholders across the organization.
Job Requirements
Bachelor of Computer Studies, or Information Systems or related degrees with relevant professional qualifications. 7+ years on Operational Risk, Cyber Security, IT Risk, IT Compliance, IT Audit or relevant areas in the Financial Services industry. Familiar with technology regulatory requirements, such as HKMA SPM, HKMA Circulars, customer data protection and etc. Familiar with technology risk framework, industry standards and best practices. Experience in managing vulnerability scanning, penetration test, code scanning and technology risk assessment. Relevant Practitioner for HKMA’s ECF-Cybersecurity will have an advantage.-
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