Business Risk Management Support

UBS • Weehawken, NJ

216d • $85,000 - $120,000

About The Position

Do you have a passion for operational risk management? Do you enjoy operational risk metric reporting and analytics? We're looking for a driven professional to join UBS Bank USA and support our efforts ensuring our business continuity, operational resilience and resolution practices are consistent with regulatory and industry standards. As Business Risk Management Support you will execute on the timely collection of data for risk appetite and operational risk metric reporting including, consolidate business risk appetite metrics from various sources, perform validation of data accuracy and perform trend analysis/research reasons for trend. You will assist the Business Risk Manager in identifying and assessing operational risks, maintain Banking Products Process hierarchy inventory and control mapping, and provide advisory to the quarterly risk assessment process for Banking including compilation of all data inputs (Risk Metrics) needed for taxonomy view assessments. Additionally, you will aid in the execution of the Front-Line Unit Risk Control Self-Assessment (RCSA) Process and corresponding risk analysis, support the implementation of sound risk management practices in support of the 1st LOD Non-Financial Risk framework, and aid in the implementation and review of 1st LOD written procedures and desktop instructions for areas of responsibility to ensure consistency and compliance with regulatory and Bank expectations.

Requirements

• Ideally 3-5 years of experience with operational risk and/or compliance.
• Excellent written and verbal communication skills.
• Proven track record of delivering results and meeting targets.
• Track record of successfully supporting business users with reporting & analytics, decision support, and presentation support.
• Ability to interact with all levels of management, multi-task and work well under pressure.
• Strong negotiation and influence skills.
• Analytical, consultative and investigative skills and an independent, driven approach.
• Understanding of regulatory environment.
• Organized, analytical & able to readily interpret data, including legal & compliance-related materials.
• Self-confident, have strong judgment & evidence of sound decision-making & problem-solving skills.
• Comfortable collaborating with diverse constituencies.
• Proficient in MS Excel, Word, PowerPoint and Outlook.

Responsibilities

• Execute on the timely collection of data for risk appetite and operational risk metric reporting.
• Consolidate business risk appetite metrics from various sources.
• Perform validation of data accuracy and perform trend analysis/research reasons for trend.
• Assist the Business Risk Manager in identifying and assessing operational risks.
• Maintain Banking Products Process hierarchy inventory and control mapping.
• Provide advisory to the quarterly risk assessment process for Banking.
• Aid in the execution of the Front-Line Unit Risk Control Self-Assessment (RCSA) Process.
• Support the implementation of sound risk management practices in support of the 1st LOD Non-Financial Risk framework.
• Aid in the implementation and review of 1st LOD written procedures and desktop instructions.
• Create, maintain and map in ARIS of process hierarchies to process flows and controls.
• Assist in identifying and evaluating control environments.
• Support the BRM in developing & implementing risk management strategies, policies, and procedures.
• Identify and capture risk events, performing root cause analysis and proposing recommendations for control enhancements.
• Analyze data to identify trends and potential risk areas.
• Prepare and report metrics and dashboards for presentation to management and stakeholders.
• Partner with Audit, Compliance, Regulators on examination management & best practice assurances.
• Stay updated on industry best practices and regulatory changes.
• Facilitate risk management workshops and meetings.

Benefits

• Discretionary incentive compensation.
• Flexible working options.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree