Compliance & Operational Risk Officer, Control Room & …, Sydney

Australia
- Compliance
- Group Functions

**Job Reference #**
- 326051BR

**City**
- Sydney

**Job Type**
- Full Time

**Your role**
- Do you know how to keep an eye out for and avoid risk? Do you make sensible calls in challenging situations, including knowing when to escalate? Do you have experience in Control Room and/or Investment Banking and Research Compliance Advisory?

We are looking for someone to help:

- provide independent and timely guidance to the UBS Global Research and Banking businesses on issues relating to day to day business, new business initiatives, regulatory developments, interactions with Banking and other parties outside Research;
- maintain the quality of the information barriers applicable to the public and private sides of the bank;
- assess regulatory requirements (e.g., ASIC, APRA, ASX or ACCC) to ensure compliance risks are identified, reported and tracked to their resolution;
- analyse processes and systems and provide guidance to relevant stakeholders on the implementation of improved solutions that support business and mitigate compliance risk;
- liaise with internal auditors on various requests in relation to compliance matters;
- draft and deliver face to face training to the business;
- review manuals and compliance notices to ensure they are properly revised or updated where necessary
- draft new manuals, Compliance Notices, policies and procedures in light of regulatory amendments and/or business changes;
- work with other members of the Compliance and Operational Risk Control team, locally and regionally to support the Compliance Framework;
- respond to regulatory queries; and
- perform local read across thematic reviews and assist with similar global reviews.

**Your team**
- You’ll be working in the Global Research, Banking and Control Room C&ORC; team in Australia reporting directly to the Head of Global Research, Banking and Control Room for C&ORC; Australia & New Zealand. You will be part of a team whose role is to provide high quality and professional compliance services in support of the wider UBS Investment Banking and non-Investment Banking business. This role will cover all aspects of general compliance duties aligned to Global Research and Banking business.

We help, for example, by reviewing and approving complex Global Banking transactions, reviewing draft Global Research, monitoring requests from Banking, Wealth Management, Markets and/or their clients for Research resources, handling regulatory investigations into the Global Banking or Research businesses and maintaining the quality of the UBS control framework including the management of Grey and Restricted lists. We keep the business up to date on regulatory and internal UBS requirements and assist in the assessment of the suitability of the investment products being proposed to our clients.

**Your expertise**
- Your experience and skills:

- at least 2 years in a relevant compliance/regulatory setting
- Investment banking structural and product/ service knowledge and awareness of relevant risks and conflicts to be managed;
- Awareness of relevant laws, regulations and regulatory framework
- including the Corporations Act (Commonwealth), the ASX listing rules and similar;
- An academic and/or professional background in risk management, commerce or law would be advantageous;
- Good communication and interpersonal skills;
- Have the ability to think out of the box and challenge the status quo to drive improvement;
- Able to critically assess and challenge with an independent mindset;
- Reliable, resilient and capable of independently dealing with business desk heads and key stakeholders (challenging situations and conversations don’t scare you)
- Fluent in English.

**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**

**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.

**Contact Details**
- UBS Business Solutions SA UBS Recruiting

**Disclaimer / Policy statements**
- UBS i Apply on Kit Job: kitjobau.com/job/3qzbcb