Regulatory Controls Quality Assurance Specialist
Job Reference #
Quality Assurance Regulatory Transaction Reporting Service aims to provide best in class services that enable UBS clients to meet their transaction reporting obligations.
As a member of the Quality Assurance Regulatory Transaction Reporting team, you will be primarily responsible for ensuring the transaction reporting to various global regulatory is complete, accurate and on time.
You will accomplish this by performing reconciliations and investigating any breaks identified during that process. The checks are run for global reporting jurisdictions, on all reportable asset classes and includes completeness, accuracy and timeliness validation. Completeness testing checks that all trades that should have been reported from a day's trading activity have been reported and there are valid reasons for those trades that were excluded from reporting. Accuracy testing checks that reported fields match between UBS and the regulator and that they are reported correctly per regulatory requirements. Timeliness testing checks that trades from a day's trading activity were sent within the regulatory timeliness requirements
The role involves building strong internal relationships with key contacts within the business, integrated middle office, technology, compliance, legal and other operations teams. The ability to manage multiple deliverables, prioritize, meet deadlines and communicate to all levels of the organization is critical to this role.
Do you have an eye for details?
Do you have a 'test to break' attitude? Do you conduct the test to find a discrepancy?
Do you have previous experience in risk and control / data analytic / audit area?
Do you like changing environment? Are you innovative and willing to set new standards?
Do you like to challenge status quo and learn new things?
We are looking for someone like that who can:
• be a part of a Quality Assurance CAT (Completeness, Accuracy and Timeliness) Team;
• perform quality control on relevant reports and ensure clear and transparent communication of key messages and underlying risks;
• work closely with business to actively provide support and solutions for their reporting needs;
• analyze various regulatory requirements and follow transaction flow to confirm its behavior is in line with this reporting regime;
• conduct deep dive reviews into existing reporting rules and understand the root cause of regulatory breaches;
• stay up-to-date on regulatory requirements and ensure that those requirements are followed in the process your team run;
• improve and extend existing testing methodologies including automated solutions;
• define new test scenarios based on updated regulatory requirements;
• analyze, suggest and execute process and procedures optimization and improvements
• a university degree, preferably in Finance / Economics / Business Management
• experience in financial services
• experience in Audit/Operational Risk and Control in any industry (financial industry would be an asset)
• good management reporting skills
• proven data mining skills and strong attention to detail
• ability to multi-task and good problem solving skills
• Sound understanding of Risk – operational, reputational.
• Basic understanding of regulatory landscape
Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions. That's what we do. And we do it for private and institutional clients as well as corporations around the world.
We are about 60,000 employees in all major financial centers, in more than 50 countries. Do you want to be one of us?
We're a truly global, collaborative and friendly group of people. Having a diverse, inclusive and respectful workplace is important to us. And we support your career development, internal mobility and work-life balance. If this sounds interesting, apply now.
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.
You are kindly requested to include the following clause in your application: "Wyrażam zgodę na przetwarzanie moich danych osobowych zawartych w ofercie pracy dla potrzeb procesu rekrutacji zgodnie z ustawą z dnia 27.08.1997r. Dz. U. z 2002 r., Nr 101, poz. 923 ze zm."