Business Risk Specialist

Singapore

Risk

Global Wealth Management

Job Reference #

321063BR

City

Singapore

Job Type

Full Time

Your role

Are you detail oriented with strong research capability? Do you have a strong sense of when things are not as they seem? Do you enjoy working in an ever-changing environment & solving complex tasks? Do you enjoy supporting Operating Head APAC, BRO and the GWM Business to deliver excellent client experience and minimize operational risk?

We are looking for a DI, Senior Business Risk Specialist with KYC/AML expertise, GWM Hong Kong / Singapore to:

• Drive and manage risk remediation projects including NFRI and MLSI, with a focus on KYC/AML taxonomy topics, working with stakeholders across Operating Head, BRO, CORC and GWM APAC.
• Perform thematic reviews and read across of risk topics.
• Support the OH teams to complete Risk Framework activities including Taxonomy Risk Assessments, Governance Reporting and Senior Management updates
• Perform analysis across control results and other data points to identify deficiencies and required improvements, feeding into control and process design and feedback to impacted stakeholders and team to develop continuous lessons learnt and improvement
• Work closely with stakeholders for the completion of NFRI and MLSI type items, providing challenge to solutions and closure pack materials to ensure that robust solutions have been implemented and the risk has been mitigated to acceptable levels.
• Provide advice and solutions regarding due diligence, KYC standards, internal policies, procedures, and local regulations.
• Strong stakeholder management with Front Office, Compliance, GWM Business Risk and other stakeholders with appropriate escalation.
• Proven track record in driving KYC topics with commercial risk-based solutions.
• Experience in delivering timely remediation in accordance with project timelines.
• Highlight deficiencies, suspicious AML or other non-compliance issues to relevant parties and management.
• Identify and assess resulting ML/TF risks with respect to regulatory requirement as well as Group AML/CFT policy and procedures.
• Support Internal/External audit, compliance testing and other supervisory visits as appropriate.

Your team

You will be working in the Operating Head Business Risk, Global Wealth Management team in Hong Kong or Singapore. We are comprised of Risk Assessment & Framework teams, and KPCi Control Testing teams. We work as part of the first line of defense in preventing money laundering, corruption and the financing of terrorism (AML/CFT). The team provides expert guidance to OH teams and Senior Management in all KYC and Operational Risk matters. In addition, works closely with Group Compliance on specific AML/KYC policy and procedures as well as client risk profiling related matters..

Your expertise

• Strong KYC/AML expertise in Wealth Management
• Bachelor's degree with at least 10+ years of working experience in KYC/AML areas, risk or controls functions, audit functions, preferably in Wealth Management.
• Familiar with regulatory requirements pertaining to KYC/AML, e.g., MAS 626.
• Ability to be client centric while balancing business needs and controls.
• Excellent interpersonal skills to manage relationships with Front Office stakeholders.
• An efficient solutions provider with strong analytical and creative problem-solving skills.
• Self-motivated, independent, strong sense of ownership with ability to work in a team environment.
• An excellent spoken and written knowledge of English & optional for Mandarin
• Certifications in AML such as Certified Anti Money Laundering Specialist (CAMS) or International Association Diploma in Anti Money Laundering would be an advantage but not essential.

About us

UBS is the world's largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.

We have a presence in all major financial centers in more than 50 countries.

How we hire

We may request you to complete one or more assessments during the application process. Learn more

Join us

At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We're dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. We also recognize that great work is never done alone. That's why collaboration is at the heart of everything we do. Because together, we're more than ourselves.

We're committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.

Contact Details

UBS Business Solutions SA

UBS Recruiting

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.