South Africa

Compliance

Group Functions

Your role

Are you someone who thrives on navigating complex regulatory landscapes and seeks opportunities to enhance your expertise in compliance and risk management? Do you possess the determination and enthusiasm to ensure adherence to stringent regulatory requirements and internal policies?

We’re looking for a Compliance Officer at the Associate Director level to join our Compliance & Operational Risk Control (C&ORC) team. The successful candidate will play a critical role in ensuring that UBS South Africa adheres to all relevant regulatory requirements and internal policies, with a particular focus on financial crime prevention, investment banking compliance, and business-aligned risk control to :

• Develop and implement policies and procedures to prevent money laundering, terrorist financing, and other financial crimes.
• Report any unusual or suspicious activities to the Regional Head of Financial Crime Prevention as well as the Regulator and respond promptly to requests from C&ORC.
• Develop and maintain the AML/KYC governance framework and ensure its implementation across the business.
• Ensure compliance with all regulatory requirements relevant to investment banking activities.
• Act as a business divisional C&ORC subject matter expert and support the business in ensuring effective management of consequential risks in their business division.
• Ensure the necessary risk frameworks are appropriately designed and operating effectively across the consequential risk taxonomies.
• Identify, assess, control, measure, monitor, and report compliance risks across the business.
• Provide informed subject matter expertise in respect of political, geographical, and industry-related risks.
• Maintain regular dialogue with regional/divisional C&ORC and FCP stakeholders to ensure consistency in approach globally and cross-divisionally.
• Deliver independent risk assessments and reports.
• Provide business divisional management with controls, tools, training, frameworks, information, and insights required to perform their risk management and supervisory responsibilities.

Job Reference #

319460BR

City

Johannesburg

Job Type

Full Time

Your team

You will be part of the team that covers the compliance responsibilities for the IB in South Africa as well as the GWM and AM business with onshore regulatory licenses. Our duties include implementing the C&ORC Framework of UBS, and ensuring compliance, operational, and FCP risks are identified, properly assessed, and managed. You'll play an important role in helping us develop risk mitigating measures, controls, independent challenges, and adequate remediation plans.

Your expertise

• Bachelor’s degree or equivalent in Finance, Economics, Business Administration, Law, or a related field.
• Professional certification in compliance or financial crime prevention is highly desirable.
• 5+ years’ experience in compliance, legal, financial crime prevention, regulatory, risk, bank-affiliated and/or operational risk expertise.
• Previous experience in a compliance function.
• Proven track record of developing and implementing compliance policies and procedures.
• Strong oral and written communication skills.
• Analytical skills in the field of AML investigations (especially transactional analysis).
• Communication and negotiation skills in dealing with internal stakeholders.
• Excellent analytical skills, independence, decision-making authority, and collaboration skills.
• Ability to deliver projects and communicate within defined timelines.
• Reliable and resilient in handling challenging situations and conversations.
• Completed relevant industry courses and experience in dealing with the JSE, FSCA, FIC, and other key regulations.

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.

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.