Wealth Management Compliance Officer
UBS
- Sydney, NSW
- Permanent
- Part-time
- support the wealth management business in remaining compliant within the Australian regulatory environment and managing its risk
- drive the identification, assessment, measurement, mitigation and monitoring of compliance and operational risk as it pertains to the wealth management business
- assess relevant legal and regulatory requirements and advise stakeholders on how to apply them to practices within the business.
- participate in reviewing new business initiatives and transactions requiring pre-approval
- ensure risk frameworks are designed well and operating effectively
- review business marketing materials
- provide business management with advice and guidance on controls, tools, training, frameworks , information and insights required for them to manage risk
UBS RecruitingYour teamYou'll be working in the wealth management aligned Compliance and Operational Risk Control (C&ORC) team based across Sydney and Melbourne, Australia. We support the wealth management business to grow in a responsible way by working with them to effectively manage regulatory and emerging risks in an environment of collaboration and constructive challenge. Our duties include ensuring that regulatory and operational risks are identified, properly assessed and recorded. You'll play an important role in helping us develop risk mitigating measures, controls and adequate remediation plans when needed.You will be expected to effectively collaborate with the business, legal and other control functions to ensure that practices, processes, and controls are in compliance with applicable laws, rules and regulations.Your expertise
- proven financial services compliance or risk advisory experience with a minimum 3 + years, ideally within a wealth management or private banking environment in Australia
- sound know-how in the analysis of business processes
- good working knowledge of the Australian regulatory environment as it pertains to a private banking/wealth management business.
- ability to verify aspects of compliance or control arrangements within the business and challenge documentation with an independent mindset
- good influencing skills and stakeholder relationship management skills
- reliable and resilient (challenging situations and conversations don't sway you)