Investment Banking Internal Audit Executive Director / Director recruitment

Group Internal Audit (GIA) is an independent and objective function that supports the firm in achieving its defined strategic, operational, financial and compliance objectives by providing a systematic and disciplined approach to evaluating and improving the effectiveness of risk management, control and governance processes. GIA supports the Board of Directors and its committees in discharging their governance responsibilities and provides assurance over the Group’s processes for strategic and business planning as well as setting risk appetite. GIA reports to the Chairman of the Board of Directors and the Risk Committee, and audit results are shared with the Audit Committee.

We are looking for an outstanding professional (at Associate Director / Director) to join the Investment Bank Audit Team within the UBS GIA department. Based in London, the successful applicant will join a dynamic team covering UBS Investment Bank’s activities throughout Europe, Middle East and Africa.
You will leverage your understanding of Investment Bank activities and products to help plan, execute and report the results of Investment Bank audits. Specifically:
• Analysing and assessing the risks (market, credit, operational, legal and compliance) assumed by the business;
• Identifying and evaluating the effectiveness of controls designed to address those risks;
• Providing practical, innovative, and value-adding solutions to issues identified, and
• Preparing reports of review findings for UBS senior management at local, global, functional and Group level.

Additionally you will be expected to monitor the risk profile of business and the related support / control functional areas assigned to you and suggest changes / additions to the audit plan as necessary.

You will gain exposure to various Investment Bank products, focusing on the audit of trading activities within the equities and fixed income businesses, together with the related support and control areas. There will also be some exposure to UBS Investment Bank’s MA Advisory business. Whilst your focus will be on Investment Bank, you may be working with IT, Wealth Management or Global Asset Management auditors in integrated audits or supporting audits in these divisions gaining exposure to the products and businesses across UBS Group.

UBS and GIA are commited to staff development. Whilst the role is for an experienced financial services auditor, training will be provided to enhance your product knowledge (e.g. more complex structured products) as well as other skill sets such as communication / presentation skills.

• University Degree, accountancy qualification, post qualified experience as an internal auditor or relevant audit experience in financial services. Audit experience should include all audit processes, including risk assessment, planning, execution, and reporting.
• Good knowledge and experience in Investment Bank products, risk controls and regulatory environments, particularly candidates with work experience in equities / fixed income trading, operations, market / credit risk control or product control.
• Excellent influencing and communication skills.
• Strong project management and delivery of quality results..
• Good team player working with global team members located across different locations.
• Demonstrated leadership through iniatives taken to be an agent of change.