Job Description

Company: 1201 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.

1. Product Due Diligence & Documentation

• Perform product due diligence (PDD) for new and existing products, ensuring comprehensive write-ups, approval records are in place.
• Enforce a clear audit trail for all ongoing and ad-hoc product reviews, including participation in reviews, documentation of outcomes and rationales.
• Prepare PDD review packs for governance forums, articulating key risks, mitigations etc

2. Product Governance & Regulatory Alignment

• Own HK product governance standards and ensure product advisory lists, are accurate and compliant with local regulatory requirements (e.g., product complexity, Loss-Absorbing Capacity (LAC) classification).
• Review and validate product-related materials such as daily/weekly investment publications and monthly product pitchbooks to ensure only approved products are included and product risk ratings remain accurate.
• Perform annual reviews across multiple domains:
  • Product-level annual review
  • Product providers review
  • Third-party data providers review
  • Product Risk Rating (PRR) framework review
  • Singapore and Hong Kong PDD framework review

• Conduct gap analysis on product-related regulatory circulars from HKMA, SFC, and other applicable regulators; recommend updates to processes or controls as appropriate.

3. New Product Approval & Lifecycle Management

• Responsible for product approval process (e.g., alternative funds), ensuring comprehensive approval backs and stakeholder buy-in.
• Monitor lifecycle events such as product removals, downgrades, or changes in product risk; ensure Front Office is notified for prompt client communication.
• Oversee updates to local product governance procedures.

4. Stakeholder Management & Collaboration

• Work closely with SG product teams to ensure alignment of due diligence standards and shared reviews.
• Partner with Investment Advisors and Senior Client Advisors to assess product suitability, operational readiness, and client use cases.
• Liaise with third-party data providers and product teams to ensure accuracy of product information and ratings.

5. Reporting, Monitoring & Controls

• Support internal audits, regulatory inspections, and compliance reviews by maintaining high-quality documentation and timely responses.
• Monitor market events and regulatory changes that may affect product suitability or risk classification..

Job Requirements:

• Degree holder in Finance / Business Administration or related discipline preferred
• Minimum 10 years of working experience in the banking or financial services industry, with at least 5 years of relevant experience in investment product related disciplines.
• Extensive understanding of investment products (bonds, funds, structured products), product risk frameworks, and regulatory product governance requirements.
• Proven track record in managing product due diligence, product approvals, and ongoing product reviews within a regulated environment.
• Experience working with cross-jurisdiction regulatory environments (e.g., HKMA, SFC, MAS) is highly valued.
• Strong analytical, communication and stakeholder management skills.
• Ability to work independently in a cross-geographical and matrix environment.
• Proficiency in Microsoft Office.

Additional Requirements

Develop, Develop, Engage, Execute, Strategise, 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.

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