UBS Operational Risk / Financial Controller recruitment

Operational Risk Control (ORC) is an independent function which is responsible for the implementation of the Operational Risk Framework (ORF) across UBS.

ORC is responsible for:
• Providing an independent and objective assessment of operational risk arising in the firm
• Assessing the integrity of each function to identify operational risk and the adequacy of the operational risk management techniques employed
• Assessing whether functions have set clear standards and responsibilities where business processes cover multiple functions
• Escalating all high and critical operational risks
• Providing independent review on both internal and external events
• Raising awareness within the Bank of the importance of our approach to operational risk, as part of the on-going initiative to embed it into the Bank's culture
ORC has a team of Operational Risk Controllers for each Business Division covering front-to-back risks. To complement the Business Division aligned structure, ORC is establishing specialist teams, which look at the significant risks facing the organisation on a cross-divisional basis.
An opportunity has arisen in the Financial Reporting SOX and Treasury (FRST) team, to provide oversight for Corporate Centre/Group related functions within the organisation – the following are the key areas that this role will cover:
- Regional Controlling and Accounting (RCA)
- Group Controlling and Accounting (GCA)
- Finance Share Services (FSS)
- Group Tax
- Group Accounting Policy
- Legal and Compliance
- Corporate Centre CFO
- Group Valuation Governance

The successful candidate will be responsible for reviewing compliance with the ORC Framework with a special focus on the financial reporting and treasury risk, as this applied to Corporate Centre/Group related functions.

The successful candidate will be required to:

- Carry out risk assessments and investigations, independently and as part of the team, with the objective of ensuring that the bank’s financial reporting and treasury risks are transparent to the organisation.

- Independently assess the function’s ORF implementation and the operational risk assessment process being used by management to determine whether all risks have been identified, the rating is appropriate and the risk issue is fully described, with an appropriate action owner, and acceptable timelines for mitigation.

- Ensure that the risk inventory represents an accurate view of the risks and assessing the SOX impact and consequences of identified control deficiencies in the front to back environment.

- Supporting the annual SOX 404 assessment for delivery to the SOX 404 committee and the Group CFO

- Establishing themselves as a trusted partner of the relevant stakeholders.

The ideal candidate will be:

A qualified accountant

An experienced financial controller from within the financial services industry

Have experience in Operational Risk / Internal Audit / SOX / Internal controls

Strong stakeholder management skills

UBS can offer you an environment geared towards performance, attractive career opportunities, and an open corporate culture that values and rewards the contribution of every individual.

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 are attracted to joining an organization where every individual's contribution counts and where your talent will impact on our future, please apply for this position.

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.