Operational Risk Analyst recruitment
UBS is a leading global financial services firm. Our Corporate Center acts as a link between our three business groups, coordinating their activities and shaping how UBS does business all over the world. Its purpose is to create an environment in which each business can act entrepreneurially while adhering to the strategic aims of the group.
With the accelerated role out of ORF2, the remit of the Business Portfolio Management team has been extended to UBS Group level. Your job is a newly created Operational Risk Analyst role. It is wide ranging and gives you the opportunity to work with a number of functions and key individuals across the firm. All roles in the team have CTB and RTB elements. On CTB, primarily the job will involve being the point contact for IT and Strategic Change PMO colleagues with the objective to assist them in the operational risk mitigation element of the prioritization and business case for change, whereas the focus on RTB will be the identification, understanding, reporting and resolution of risks within Group Risk Control as well as to make value-added recommendations for remediation. It is anticipated that your normal activities will be a mixture of:
• identifying operational risks within the function and ensuring that these are appropriately evaluated and documented;
• delivering an assessment of the operational risk arising within the function;
• ensuring that appropriate actions are taken to remediate processes where the risk is unacceptable and where appropriate leading the analysis and managing the remediation process;
• ensuring that there is effective coordination across the teams within Group Risk Control with appropriate escalation and reporting to senior management and governance forums;
• managing the functional processes relating to formal operational risk certifications including SOX 302 and SOX 404;
• ongoing research and analysis aligned with the deliverables committed to various stakeholders such as Regulators, External and Internal Auditors and Operational Risk Control etc.;
• discovering and collating information from across the firm to support ongoing assessment of risks impacting on IB Risk Control;
• improving the process for the identification and remediation of significant risks and aligning this process more closely to the risk framework.
You will be expected to move Group Risk Control forward in its understanding of the existing level of business risk using all available data and increasing the visibility and transparency of those risks. In addition, you will have opportunities to gain broader experience and to work across the teams within Group Risk Control. There will be numerous opportunities to demonstrate your value add across the organization.
This is a new and exciting role with a broad and challenging scope that requires a combination of business, product and technical knowledge, coupled with strong client-facing and interpersonal skills.
We can offer you an exciting, fast-paced working environment, a culture of mutual respect and teamwork and the opportunity to play a vital role in our growth. If you would like to work for a global organization where individual contribution counts and where your ambitions and abilities can make a difference, please apply for this position. It starts with you.
UBS is an equal opportunity employer. We respect and seek to empower each individual and the diverse cultures, perspectives, skills and experiences within our workforce.