Electronic Trading Compliance & Operational Risk Officer Electronic Trading Compliance & Operational Risk  …

UBS
in New York, NY, United States
Permanent, Full time
Be the first to apply
Competitive
UBS
in New York, NY, United States
Permanent, Full time
Be the first to apply
Competitive
Job Reference # 188242BR
Your role
Are you an experienced compliance professional? We're looking for someone like this to:

– work with Sales, Trading, Quantitative Analysts, and Technology teams to review risks associated with algorithmic trading, providing guidance on pre-trade controls, and algorithm testing and implementation
– support the electronic trading governance framework across the Equities and FRC divisions
– liaise with senior management in Equities and Fixed Income (FRC) divisions and functional leaders in compliance, legal, risk, and IT to provide effective challenge, guidance and advice
– provide subject-matter expertise on rules and regulations pertaining to electronic trading
– perform critical assessment and challenge during the development and implementation of electronic trading systems and algorithmic platforms
– work closely with colleagues in C&ORC to promote best practice and consistency across divisions and asset classes
– support in the design and implementation of the Operational Risk Framework
– draft and review compliance policies and procedures related to electronic trading
– develop and deliver compliance training
– participate in annual and ongoing ET RCSA reviews and ensure focus and challenge is provided around operational risk controls as well as compliance risks
– perform thematic reviews of top ET risks as deemed to be found high inherent/residual risks in RCSA summary
– challenge the 1LOD on the effectiveness of regional controls and processes across SORT events and ORIs
– deep dive into the read-across events and confirm operational risk assessments and remediation plans are in line with the framework
– assess Operational risk governance, policies & standards and ensure that they are being executed effectively across the global ET businesses
– provide communication and training on Electronic Trading Operational Risk, including the use of Operational Risk tools/processes, both to the ET C&ORC team and the 1LOD business teams
– maintain and roll out annual training programs to the C&ORC ET team to ensure the knowledge and understanding of operational risk is syndicated across the global coverage team
– review the Competency Assessment for on-going enhancements
– continue to review and refresh the ET C&ORC ETAC Checklist up-to-date with Operational risk questions
– review and refresh the Electronic trading policies and procedures, and focus particularly on the Intra-day risk framework document
– review intra-day electronic trading MI both in real time via alerting and also on a periodic historical basis, and challenge the business on the content of this MI as required by the Intra-day risk framework document
– report and escalate Operational Risk issues/concerns to the ET Bi-weekly Production meeting and the Risk Committees/Management Committees

Your team
Compliance and Operational Risk Control (C&ORC) is an independent function providing oversight of the Compliance, Conduct and Operational Risks within the firm. The UBS C&ORC Compliance team is seeking a talented individual to lead and provide compliance support to the Electronic Trading groups across the Equities and Fixed Income divisions (ICS) of the Investment Bank.

Your expertise
You have:
– bachelor's degree or higher in Business/Accountancy/Finance/Law/Risk or similar field
– 3-5 years of experience in Compliance, Operational Risk or Regulatory Role or equivalent experience in Electronic Trading
– expertise with the regulatory and market structure framework of US and global Electronic Trading systems and Alternative Trading Systems (Regulation SCI expertise a plus)
– knowledge of equities and/or fixed income products and trade flows, with a focus on automated trading systems
– knowledge of compliance, change and operational risk
– excellent written communication skills and competence in portraying complex content in a clear, concise, and compelling manner
– strong interpersonal and leadership skills, with the ability to influence senior management and other stakeholders to successfully implement and deliver change
– strong business analysis and problem solving skills. Ability to easily to manipulate and analyze broad range of data

About us
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?

Join 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.
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