Compliance Control Analyst – Investment Suitability

Job Reference #
321786BR

Job Type
Full Time

Your role
Are you a sharp evaluator of risk? Can you investigate complex solutions? Do you want to play a key role in improving the effectiveness of business-critical processes and controls to help safeguard and strengthen UBS?

We're looking for a compliance controls testing analyst who can:

• drive or work as a team member on investment suitability and cross border controls review and testing of UBS Global Wealth Management (GWM) division
• analyse and assess risks arising from both the business and support functions
• identify and evaluate the design, implementation and effectiveness of controls designed to address those risks
• document and communicate review findings, root causes and risks, and prepare reports of reviews for UBS senior management
• develop recommendations for items that solution owners should consider when finalizing their action plans
• review remediation actions submitted by the business for closure to assess whether these have addressed the original risks
• successfully collaborate with peers in and across Group Compliance, Regulatory and Governance (GCRG)
• develop and maintain relationships with stakeholders as well as senior management

Your team
You will be working in GWM Monitoring & Surveillance (M&S) based in Sydney. M&S is an independent function within the 2nd line of defense, that supports GCRG in achieving its strategic, operational, financial and compliance objectives.

We do this by assessing key processes as well as governance, risk management, and the control environment within the key business divisions of the APAC (Australia) region.

We are a talent powerhouse that attracts and develops the best people by driving career growth in and outside the department. Our team of compliance controls specialists is mainly responsible for reviewing compliance controls specific to investment suitability and cross border. In your role, you will be covering the reviews related to the GWM division.

Your expertise

• 3-4 years experience in external or internal audit or compliance controls testing within the financial industry. This experience could have been gained at a Big 4 firm, consulting firm, or in an internal audit or compliance controls function within a financial institution
• strong analytical skills and quantitative approach to problem solving
• you are able to quickly understand complex processes and challenge the status quo, identify risks and inadequacies in procedures
• willingness to keep up with industry, regulatory developments and learn new concepts and methods,
• ability to effectively communicate with senior stakeholders
• risk focused, and capable of using data analytics (Alteryx, Microsoft PowerBi, Tableau etc) to gain insights into business trends and identifying outliers
• reliable when working on your own, with sound judgment for when to escalate issues

About Us
UBS is the world's largest and the 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.

We have a presence in all major financial centers in more than 50 countries.

How We Hire
We may request you to complete one or more assessments during the application process. Learn more

Join us
At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We're dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. We also recognize that great work is never done alone. That's why collaboration is at the heart of everything we do. Because together, we're more than ourselves.

We're committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.

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.