Assists with the development of an overall strategy for anti-tax evasion compliance in order to manage new emerging risks while achieving the Bank’s business strategic objectives within applicable compliance frameworks
Acts as subject matter expert on all tax evasion compliance related topics impacting UOB China
Support the ongoing design, implementation, and execution of the Anti-Tax Evasion program
Manages the flow of Tax Evasion escalations, ensuring that responses are provided by the team in a timely manner and that key stakeholders are engaged as necessary
Assists to interpret and advise on relevant laws and industry best practices pertaining to Anti-Tax Evasion compliance
Builds strong partnerships with key Line 1 and 2 stakeholders (particularly in private and wholesale banking) by strengthening the Bank’s anti-tax evasion compliance controls and framework
Develops detailed analysis and recommendations for Tax Evasion compliance related escalations from business & support units
Supports and in some cases manages proactive engagement with business & support units, providing updates on Tax Evasion compliance issues
Supports the development and maintenance of frameworks & policies relating to Tax Evasion compliance, including supporting business units in the implementation of an effective control framework
Defines, updates and communicates procedures to ensure that Tax Evasion compliance activities are conducted with robust processes and provide sufficient support to business & support units to achieve alignment with Group tax evasion standards
Review and maintains relevant training material for Tax Evasion compliance and updates material to accommodate new risks and regulatory requirements, in some cases managing and overseeing the delivery of the training materials to business & support units
Assist in the production of Anti-Tax Evasion program metrics and other management information efforts to facilitate the reporting requirement to Senior Management on Tax Evasion operations and frameworks
Supports Head of AML/CFT, Sanction and Anti Tax Evasion where necessary with the preparation of materials for committees and Senior Management in relation to Tax Evasion operations and frameworks