Verified Job
Accounting - Finance
Compliance and Operational Risk Officer Investment Bank
Accounting - Finance
#218586
Remote / WFH
Job Description
Job Reference #
240371BR
Job Type
Full Time
Your role
Are you a sharp evaluator of operational risk? Do you have experience in audit, control testing and providing compliance or risk advisory services within an investment bank ? Are you confident when it comes to speaking up for what is right and challenging at all levels?
We are looking for an investment bank compliance and operational risk officer to:
• support the business with its regulatory commitments to provide ongoing assessment and oversight over risks, controls and policies for Designated Market Activities (DMA) within the Investment Bank, Group Functions and Global Wealth Management
• drive as a team member independent controls testing and review of DMA business risks within the Investment Bank, Group Functions and Global Wealth Management, including thematic and front-to-back reviews
• analyze and assess DMA risks, policies and perform control design and operating effectiveness testing in both DMA businesses and Group functions
• identify, assess, report and escalate issues and control deficiencies to control owners, key stakeholders and senior management
• assist the business and control owners to mitigate identified risk issues by defining and agreeing appropriate remediation actions and track progress of those actions
• deliver independent risk assessment reports to UBS senior management from control reviews that shed light on the DMA risk profile
Your team
You’ll be working in the Investment Bank aligned Compliance and Operational Risk Control team in Mumbai. We primarily support the Investment Bank business by partnering with them to effectively manage regulatory risk in an environment of collaboration and constructive challenge. Our duties include implementing the Operational Risk Framework for Designated Market Activities and ensuring our regulatory and operational risks are identified, properly assessed and recorded.
You'll play an important role in helping us continue to provide oversight over DMA control effectiveness and evaluate DMA risks and making sure adequate remediation plans are in place and actioned. You'll collaborate with global colleagues to ensure that best practices are being shared around the region/globe in testing. DMA is terminology used by the Federal Bank of New York to describe specific UBS business activities and market conduct risks identified as part of the FX Consent Order (2015).
About Us
UBS is the world’s largest and only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.
With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?
How We Hire
This role requires an assessment on application. Learn more about how we hire: www.ubs.com/global/en/careers/experienced-professionals.html
Join us
At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.
From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?
Disclaimer / Policy Statements
UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce
240371BR
Job Type
Full Time
Your role
Are you a sharp evaluator of operational risk? Do you have experience in audit, control testing and providing compliance or risk advisory services within an investment bank ? Are you confident when it comes to speaking up for what is right and challenging at all levels?
We are looking for an investment bank compliance and operational risk officer to:
• support the business with its regulatory commitments to provide ongoing assessment and oversight over risks, controls and policies for Designated Market Activities (DMA) within the Investment Bank, Group Functions and Global Wealth Management
• drive as a team member independent controls testing and review of DMA business risks within the Investment Bank, Group Functions and Global Wealth Management, including thematic and front-to-back reviews
• analyze and assess DMA risks, policies and perform control design and operating effectiveness testing in both DMA businesses and Group functions
• identify, assess, report and escalate issues and control deficiencies to control owners, key stakeholders and senior management
• assist the business and control owners to mitigate identified risk issues by defining and agreeing appropriate remediation actions and track progress of those actions
• deliver independent risk assessment reports to UBS senior management from control reviews that shed light on the DMA risk profile
Your team
You’ll be working in the Investment Bank aligned Compliance and Operational Risk Control team in Mumbai. We primarily support the Investment Bank business by partnering with them to effectively manage regulatory risk in an environment of collaboration and constructive challenge. Our duties include implementing the Operational Risk Framework for Designated Market Activities and ensuring our regulatory and operational risks are identified, properly assessed and recorded.
You'll play an important role in helping us continue to provide oversight over DMA control effectiveness and evaluate DMA risks and making sure adequate remediation plans are in place and actioned. You'll collaborate with global colleagues to ensure that best practices are being shared around the region/globe in testing. DMA is terminology used by the Federal Bank of New York to describe specific UBS business activities and market conduct risks identified as part of the FX Consent Order (2015).
About Us
UBS is the world’s largest and only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.
With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?
How We Hire
This role requires an assessment on application. Learn more about how we hire: www.ubs.com/global/en/careers/experienced-professionals.html
Join us
At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.
From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?
Disclaimer / Policy Statements
UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce
