Director, Business Risk Manager
New Jersey, USA
USD 156,645-215k / year
Director, Business Risk Manager
United States - New Jersey
Business management, administration and support
Group Functions
Your role
UBS Business Solutions US LLC is seeking a Director, Business Risk Manager in Weehawken, NJ
Are you an innovative thinker? Do you enjoy delivering enhanced change capabilities across a range of business functions? Are you passionate about IT process automation using cutting edge tooling platforms?
We’re looking for a Director, Business Risk Manager to:
• Implement and monitor compliance with the UBS group-wide Non-financial risk (Operational Risk (OR)) Framework as a member of the Risk Management team that supports the Americas Group Finance (GF) Function aligned to multiple business. Support and challenge the Financial and Regulatory reporting functions to ensure a robust risk assessment of identified issues and agree on sustainable remediation plans.
• Manage, and facilitate the documentation and on-going maintenance of Group Finance's Key Procedural Controls (KPCs), review completeness and adequacy of KPCs, and support the function in the review and challenge of the semi-annual KPC assessments for accuracy by comparing historical and known risks identified via operational events and issues. Work with the regional finance teams to understand and thoroughly challenge the flows and root cause of operational risk events, back-test these against risk indicators, present key learnings to senior management to reduce future events.
• Thoroughly research all documentation around related business, systems, flows, historical risks, email communication and existing risks/success criteria to provide comprehensive and fact-based challenge and assessment in responses to queries and when performing reviews across the broader portfolio to identify recurring risk themes, triangulate Risk Events to existing Non- financial Risk Issues (NFRIs) and KPC’s to highlight gaps in front to back processes.
• Present findings to senior management and other stakeholders with timely and accurate reporting of all operational risk related activity and trends and organize training sessions to educate stakeholders on lessons learned and other Operational framework aspects. Interact with key stakeholders including peers in the global team, Compliance, Internal and external audit, Business Risk Manager’s in other departments and regulatory relations.
• Can work hybrid (In-office/Remote).
Qualified Applicants apply through SH-ProfRecruitingcc@ubs.com. Please reference 001545. NO CALLS PLEASE. EOE/M/F/D/V
Salary Range & Work Schedule: $156,645 to $215,000 /year, 40 hrs/wk. This notice is being posted in connection with an application for permanent Alien Labor Certification. Any person may comment or provide documentary evidence bearing on this application to: U.S. Department of Labor, Employment and Training Administration, Office of Foreign Labor Certification, 200 Constitution Avenue NW, Room N-5311, Washington, DC 20210.
The expected salary range(s) for this role as of the date of this posting is/are based on factors including, but not limited to, experience, qualifications, education, location and skill level. This role may also be eligible for discretionary incentive compensation. For benefits information, please visit ubs.com/usbenefits.
Job Reference #
340643BR
City
Weehawken
Job Type
Full Time
Your Career Comeback
We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.
Your team
Diversity helps us grow, together. That’s why we are committed to fostering and advancing diversity, equity, and inclusion. It strengthens our business and brings value to our clients.
You’ll be working with the Business Risk team in Weehawken, NJ.
Your expertise
Education & Experience Requirement:
• Bachelor’s degree or foreign equivalent in Business Administration, Finance, Accounting, or a related field of study and six (6) years of experience in the job offered or as a Risk Manager, Product Control Manager, Senior Process Executive, Analyst, or a related occupation.
Alternate Education & Experience Requirement (if applicable):
• Master’s degree or foreign equivalent in Business Administration, Finance, Accounting, or a related field of study and four (4) years of experience in the job offered or as a Risk Manager, Product Control Manager, Senior Process Executive, Analyst, or a related occupation.
Position requires experience with the following:
• Financial/Product Regulatory Reporting; Legal Entity Control; Front to back processes including front office booking process, transaction processing, settlement process, flows of Risk management systems into the General Ledger, processing of accounting data, accounting logic, sub-ledger controls, manual journal governance, P&L and balance sheet substantiation controls, regulatory reporting, and financial reporting; and Operational risk management, auditing, and compliance.
About us
UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe.
We know that great work is never done alone. That’s why we place collaboration at the heart of everything we do. Because together, we’re more than ourselves. Want to find out more? Visit ubs.com/careers.
Salary information
The indicative gross base salary range as a full-time equivalent role:
• United States - New Jersey - Weehawken min USD 156645 - max USD 215000 /annum
The expected salary for this role will be determined by relevant factors which may include but are not limited to, role-required experience, qualifications, education, location and skill level. UBS offers a range of competitive benefits and for further information, please visit ubs.com/employee-benefits. We may, at our sole discretion, provide additional variable compensation or awards.
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. And we use artificial intelligence (AI) to work smarter and more efficiently. 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.
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.