Operational Risk Controller Team Lead

The Risk Control function safeguards the global reputation and preserves the long-term interests of UBS by controlling the risk exposure of the Investment Bank. As part of the Risk Control Operations team, you will ensure that new and existing business is accurately captured and risk is managed so that the firm is adequately protected from unacceptable exposures. This includes performing regular controls thus ensuring data quality across the Credit and Market RiSk infrastructure, analysing material movements in risk exposure to determine reasonableness and drivers. Input and maintenance of Risk owned data, including internal ratings and limit points and providing support to the Risk community for exposure and system queries. Managing exposures, especially those in excess of Risk appetite

As the Team Leader, your primary responsible for the Market Risk Operations Support team based in Singapore. Working closely with the On Shore London Change and Support team and the Off Shore Operational process teams in Poland the team will have responsibility for providing premium Risk Support to Risk Officers in APAC, EMEA and US. The team operates a shift pattern ensuring 24 hour coverage across all regions and the candidate will be required to manage the different shifts on a rota basis

Responsibilities also include oversight of the quality and integrity of the data being fed into the Market Risk systems environment, and ensuring compliance with the criteria of our global control framework.

Although predominantly a Run-The-Bank role, the Market Risk environment is currently going through significant strategic change, incorporating a complete re-platforming and re-definition of associated business processes and this role will be required to provide key input into the future state operating model.

Key tasks and responsibilities include:

Team leadership responsibility for the Market Risk Support team who’s role includes: supporting the creation and management of Risk Classes, Books and Coasters; monitoring the completeness of batch file loads and rolling data as required; managing the data quality processes; and providing premium support to the Market Risk Officers and Risk Reporting teamResponsibility for defining new business processes and improving the existing operating proceduresChange project related activities such as involvement defining business requirements and coordination of User Acceptance TestingManaging the performance and effectiveness of the Singapore team and building solid working relationships with London and Poland teamsClose liaison with other functions across UBS, including Traders and front office support teams, IT and change project teams, and Risk Reporting.

Requirements:

Our ideal candidates should have the following requisites:

University and/or higher education degree8-10 years experience in a financial industry and possess relevent experience in Operational Risk ControlAn experienced team leader having managed a similar control and support oriented function for a number of years, An effective verbal and written communicatorReasonably skilled in the use of Microsoft Office applications, with advanced skills in Excel and MS Access being advantageousA fast learner with the ability to get up to speed quickly with new processes and IT applications/ infrastructureOutgoing and personable, with the confidence to deal with varied groups of stakeholders and levels of seniorityAble to work to tight deadlines and handle business pressuresReasonably numerateHighly organised, with the ability to balance numerous tasks and responsibilitiesExperienced in Investment Banking, preferably within a Risk Control function. Market Risk knowledge being a distinct advantageA University graduate, preferably with Business/ Maths/ Economics/ Finance background.

It starts with you:

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. It starts with you.

To read more about this opportunity and to submit your application, please click on the Apply for Job button. You will be redirected to the UBS career website where you can submit your CV. All applications will be reviewed and responded to by the UBS recruitment team.

Disclaimer/ Policy Statement: 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.

View the original article here