Principal Activities

The Compliance Department’s objective is to help protect the firm’s reputation and facilitate its business activities by providing advice on, and reasonable assurance of, compliance with applicable laws, regulations, rules and corporate policies, and high ethical standards.  Compliance achieves these objectives by providing the firm with Advice, Education and Monitoring services.

The candidate will work closely with each of the Compliance product/specialist compliance officers to ensure that there is a consistent and coordinated delivery of the compliance program.  In addition, the candidate will work closely with the Legal department, including areas where legal and compliance input is required, such as regulatory approvals, regulatory investigations, litigation and internal investigations.  In particular, a focus on the following tasks:

• Participating in the transaction and new business approval processes, and where required review proposals to identify relevant compliance or regulatory matters.

• Play a key role in establishing new, and maintaining existing relationships between UBS and its relevant regulators (namely ASIC and APRA).

• Oversee the Investment Bank’s compliance with regulatory and licensing obligations and advises the business and senior management in relation to these obligations.

• Oversee the licensing and banking aspects and supervisory aspects of the cross border framework for cross border business into Australia.

• Play a key role in working with UBS’s external auditors in relation to the audits undertaken of UBS entities.

• Provide advice to product / specialist compliance officers and the business in relation to transactions and advisory compliance matters.

• Manage and where required oversee key projects and initiatives (both local and global) on behalf of the legal and compliance department.

• Assist and where required, supervise internal investigations at the request of management or as required by external parties.

Key Attributes

The candidate should have experience in dealing with legal, compliance and regulatory matters in the Australian financial services, and ideally the Investment Banking industry.  The candidate must also be confident and able to communicate effectively with peers, senior management and external parties.  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 degree qualified and have a minimum of 8-10 years compliance experience in the banking sector with Australian regulatory experience. A law degree is beneficial.

Other key requirements include:-

• Excellent and trusted judgement and deliver effective decisions.

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

• Demonstrating 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. 

• Ability to 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.

• Able to provide accurate, clear and concise reports and other written materials where required to the business lines and other members of the Legal Compliance team.