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Job content

Switzerland - Zürich
Business management, administration and support, Compliance, Finance, Risk
Group Functions

Job Reference #

233622BR

City

Zürich

Job Type

Full Time

Your role

Are you a great with performing forensic reviews of Finance processes? Do you have an analytical and investigative mind? We’re looking for a Business Risk Manager to:

  • implement and monitor compliance with the UBS group-wide Operational Risk Framework
  • identify, review, and help manage operational risk
  • support and challenge the functions to ensure a robust risk assessment of identified issues to agree sustainable remediation plans, highlight gaps and slippages in a timely fashion
  • manage and facilitate the documentation and on-going maintenance of Finance’s key procedural controls (KPCs); review completeness and adequacy of KPCs; and support the functions in the review and challenge of the semi-annual KPC assessments for accuracy by comparing historical and known risks identified via operational events and issues,
  • work with the functions to understand and thoroughly challenge the flows and root cause of operational risk events, back-test these against risk indicators, present key learnings to senior management to reduce future events,
  • perform regular reviews across the broader portfolio to identify recurring risk themes, triangulate Risk Events to existing ORIs and Key Controls to highlight gaps in front to back
  • present findings to senior management and other stakeholder and organize training sessions to improve education on lessons learned and other Operational framework aspects
  • provide key senior finance stakeholders on a divisional and regional axis with timely and accurate reporting of all operational risk related activity and trends,
  • thoroughly research all documentation around related business, systems, flows, historical risks, email communication and existing risks / success criteria to provide comprehensive and fact based challenge and assessment in responses to queries and when performing reviews,
  • Interact with key stakeholders including peers in FORM, Internal and external audit, ORMs in other departments and regulatory relations.

Your team

The Group Finance Operational Risk Management (FORM) team is a regionally aligned specialized team who are responsible for actively engaging in / managing the identification, assessment, remediation and reporting of operational risk regionally, across Group, Entity and Divisional dimensions. The Operational Risk Management team supports the Group Finance Function consisting of services including Financial / Product control, Regulatory reporting, Valuation controlling, Cost and Compensation controlling, Legal entity controlling and Capital planning amongst others. This role will report into the regional lead of FORM.

Your expertise

  • 6 to 8+ years of experience in Financial / Product, Regulatory and/or Legal Entity Control with strong understanding of the Front to back processes including (but not limited to) front office booking process, transaction processing, settlement process, flows of Risk management systems into the General Ledger, processing of accounting data, accounting logic, sub-ledger controls, manual journals governance, P&L and Balance Sheet substantiation controls, regulatory reporting and financial reporting
  • operational Risk Management, Audit and/or Compliance experience will surely be a huge advantage for this role, although prior engagement (vs a direct role) with any of these teams and demonstrative understanding of the OR framework and mandate will suffice
  • banking/Accounting and Controlling knowledge with general understanding of the processes and controls that are part of the broader Finance department of a large investment bank
  • experience working with multiple stakeholder including Internal and external audit, regulatory governance teams, compliance and various operational risk management teams across different areas of the bank (Eg: Risk, Operations, Front office etc.)
  • experience in presenting to senior management with ability to customize messaging per audience and in preparing a near finished product
  • strong control, analytical, and risk management mind-set to thoroughly review, challenge and influence changes that can strengthen the front to back control environment
  • use logical and deductive techniques backed by very thorough research
  • entrepreneurial in identifying key topics and themes requiring investigation
  • self-sufficient, self-starter and self-driven; maintains accountability with minimal supervision
  • strong attention to details with willingness to take the extra step and in pre-empting question
  • able to lead key Operational Risk processes and projects globally
  • experience utilizing VBA or Python or Alteryx will be very useful in dealing with large amounts of data (although not mandatory for this role).

About us

Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions. That’s what we do. And we do it for private and institutional clients as well as corporations around the world.

We are about 60,000 employees in all major financial centers, in more than 50 countries. Do you want to be one of us?

Join us

We’re a truly global, collaborative and friendly group of people. Having a diverse, inclusive and respectful workplace is important to us. And we support your career development, internal mobility and work-life balance. If this sounds interesting, apply now.

Contact Details

UBS Business Solutions AG

UBS Recruiting

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.
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Deadline: 10-05-2024

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