Compliance Officer, Investment Funds recruitment

The candidate will be a member of the Investment Bank Australia Compliance team reporting to the Head of Compliance. The candidate’s role will be to manage the compliance program for the Investment Funds business which is being established to enable offers of structured products to investors in a fund format.  As the senior compliance officer, the candidate will be primarily responsible for the day to day operation of the compliance program and to act as delegate for the Head of Compliance where necessary. 

Responsibilities

• Developing, implementing and maintaining the compliance framework, including the compliance manual, compliance related policies and procedures, the compliance plan, the compliance monitoring plan, the compliance obligations register, and the compliance risk register

• Obtaining attestations and conducting independent assessment, surveillance and monitoring on a risk based approach in accordance with the compliance monitoring plan, particularly in relation to the operation and effectiveness of the compliance plan

• Oversight of incident and breach reporting process, maintenance of incident and breach reporting registers, conducting incident and breach assessments and coordination of actions to remediate incidents and breaches and reporting of significant breaches to regulators

• Coordination and active participation in all Board, External Compliance Committee, Internal Compliance and Risk Management Committee, Conflicts/RPT Sub-Committee meetings.

• Manage and oversee key projects and initiatives on behalf of the legal and compliance department.

• Attend meetings and where necessary, to deputise for the Head of Compliance, or other member of the compliance team and take on management responsibilities as requested by the Head of Compliance.

Requirements

The candidate should have experience in dealing with legal, compliance and regulatory matters in the Australian financial services, and in particular, the Funds Management industry.  The candidate must also be confident and able to communicate effectively with both peers and senior management.  As part of a strong and professional Compliance team, the role holder should be skilled at building consensus and working with others. The candidate will be expected to:

• Maintain excellent and trusted judgement and deliver effective decisions

• Maintains a global perspective on all matters relating to compliance and contributes and interacts effectively with the regional and global team

• Demonstrate in depth knowledge of all applicable laws, rules, regulations, and a detailed understanding of current and anticipated local regulations and UBS global compliance policies and procedures

• Consider potential and existing situations where UBS is exposed to reputational and regulatory risks, and always takes appropriate action to ensure that such risks are promptly and properly resolved

• Identify, where appropriate, improvements in the control, training and policy areas of the business

• Is able to communicate in an effective, coherent and confident manner with all level of staff and external bodies on complex matters relating to regulation and compliance