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UOB · 2 months ago

Senior Officer, Reconciliation, Group Technology & Ops (Contract)

Central Region (City Area)

Full-time, Contract

Onsite

Senior Level

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of branches and offices. They are seeking a Senior Officer for Reconciliation in their Group Technology & Ops department, responsible for performing reconciliations of financial accounts, resolving discrepancies, and ensuring compliance with internal controls and regulatory requirements.

BankingFinanceFinancial Services

Responsibilities

Perform daily, weekly, and monthly reconciliations of financial accounts, including bank statements, ledger accounts, and other financial records for for all the Operations Centers, subsidiaries and overseas branches that CoE is supporting

Ensure all transactions are accurately recorded and discrepancies are promptly identified

Investigate and resolve discrepancies found during the reconciliation process

Communicate with relevant departments to understand the root cause of discrepancies and implement corrective actions

Maintain detailed and accurate records of reconciliation activities

Prepare reports on reconciliation status, discrepancies identified, and resolutions made

Assist in the development and implementation of standardized reconciliation procedures and policies

Utilize data analytics tools (Excel, SQL, Python, Power BI, etc.) to automate reconciliation processes and enhance data validation

Using data analytics tools, develop dashboards and reports to track reconciliation trends and anomalies

Suggest improvements to existing reconciliation processes to enhance efficiency and accuracy

Ensure compliance with internal controls, company policies, and regulatory requirements

Adhere and support the bank Risk & Control framework through various programs which include appropriate Key Risk Controls Self-Assessment (KRCSA), Key Risk Indictors (KRI), Management Risk Awareness (MRA), Incident Reporting (IRF) and Business Continuity Management (BCM)

Adhere to best practices in reconciliation and financial reporting

Liaise with internal and external stakeholders, including finance teams

Provide support during audits and regulatory reviews by supplying necessary documentation and explanations

Execute accurate and timely setup/maintenance of securities & client static data, controls, and access across CSS/SGX and related platforms, ensuring day-to-day BAU completion and strong control adherence

Create, amend, and close security counters in Custody System upon request

Perform bond/equity price activities—weekly/monthly/ad-hoc price updates

Open/close & maintain CSS accounts, and handle ad-hoc maintenance (freeze/uplift, charge codes etc)

Run EOD checks and month-end exception checks per checklist

Follow SOPs & checklists and escalate exceptions to checker/lead, coordinating RPA/WORC hand-offs as defined

Qualification

Data analyticsExcelSQLPythonPower BIOperational risk managementAnalytical skillsMeticulousInterpersonal skillsCommunication skillsProblem-solving skillsSelf-driven

Required

Diploma/ Bachelor's degree holder

Must have strong data analytics skills, with experience in Excel (advanced functions, macros), SQL, Python, or data visualization tools (Power BI, Tableau)

A team player, strong interpersonal and communication skills

Ability to work effectively, under pressure, in a rapid changing environment, as well as autonomously and as an effective member of a dynamic team

Possesses good analytical and problem-solving skills

Self-driven, meticulous and able to operate expeditiously to deliver results and meet tight timelines