Been out of the workforce for two or more years and ready to come back? Already built a career in financial services (or in a transferable role) and want to take the next step on your career path?
We recognize the added value that experienced talent brings into our workplace. And we also know that it's not always easy to find the right work opportunity after a career break. That's where UBS Career Comeback comes in – to help make the transition back to work a success.
Are you a sharp evaluator of risk? Can you investigate complex situations and propose solutions? We're looking for someone who can: -develop and maintain strong relationships with key stakeholders within UBS business divisions and functions as well as with regulators and internal audit colleagues -assess assurance/validation work performed by issue assurance team members and SMEs to challenge conclusions and agree final issue disposition -cover a broad range of issues with opportunity to review issues in all areas of the firm -monitor the status, follow up on and provide independent assurance on the effectiveness and sustainability of the remediation of issues raised by all sources (internal audit, external auditors, control functions and regulators, as well as issues self-identified by business management) -review the remediation of issues addressed by management for closure to assess whether these have addressed the relevant original risk(s) -identify and assess operational and emerging risks assumed by the business, identify mitigating controls and control gaps, assess the controls' design and operating effectiveness as well as the impact of control deficiencies, -document and communicate issues, root causes and risks, and provide practical, innovative, and value-added solutions to issues identified, -proactively contribute towards developing detailed procedures, guidance and FAQs for the Issue Assurance process and identify, assess and prioritize process improvements / system enhancements
You will be working in the Group Internal Audit (GIA) Issue Assurance Team. GIA is an independent function that supports UBS in achieving its strategic, operational, financial and compliance objectives. We do this by assessing key processes as well as governance, risk management, and the control environment within all business divisions and Corporate Center (CC) functions globally. We are independent in our work and report directly to the Chairman of the Board and the Audit Committee.
The Issue Assurance team monitors the status, follows up on and provides independent assurance on effective and sustainable remediation of significant issues from all sources. As part of this process, GIA assesses whether the remediation steps taken satisfactorily address the issue, its root cause, and the potential risk exposure for the firm.
We are a talent powerhouse that attracts and develops the best people by driving career growth in and outside the department. You will gain insight into a wide variety of credit risk, market risk and financial crime related topics and processes, and into a wide variety of businesses and functions, and leverage your knowledge and understanding to perform reviews of remediation issues submitted by management.
You have: -a university degree, preferably in financial, economics, banking or a quantitative field, -strong experience (at least 5 years) in a financial services audit team, internal risk management or control areas or professional services firms, -some knowledge of and experience in primary risk areas, i.e. credit and market risk, model risk, and / or operational risk including compliance risk -strong analytical skills and quantitative approach to problem solving – you are able to quickly understand complex processes and challenge the status quo, identify risks and inadequacies in procedures, as well as propose practical and sustainable solutions, -an excellent verbal and written command of English with the ability to effectively communicate with senior stakeholders -a detailed understanding of banking business / operations and associated regulations.
You are: -flexible and willing to handle various topics, keep up with financial industry developments and learn new concepts and methods, -committed team player and reliable when working independently, with sound judgment for when to escalate issues, -able to prioritize and balance your own workload – you have strong time management skills and the ability to work under minimal supervision and to supervise colleagues (when needed), -risk focused, and capable of using data analytics, -excellent communicator, able to effectively communicate at different levels of an organization verbally and in writing, -curious and willing to discover all aspects of the bank, with the ambition to advance your career in an international environment.
Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions. That's what we do. And we do it for private and institutional clients as well as corporations around the world.
We are about 60,000 employees in all major financial centers, in more than 50 countries. Do you want to be one of us?
We're a truly global, collaborative and friendly group of people. Having a diverse, inclusive and respectful workplace is important to us. And we support your career development, internal mobility and work-life balance. If this sounds interesting, apply now.
Disclaimer / Policy Statements
UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.
Internal Number: 6545952
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