Director - Market Operation Risk - UBS - Singapore

Job description
The role supports senior management of APAC markets in the various aspects of Markets,
Operations and Risk including market specific requirements/controls.

The candidate:
Reports to the MOR Head MIIP/GIAP
Acts as an independent risk advisor to the CTHs of one or more selected APAC markets
Has sign-off authority for designated risk & operational duties to ensure quality execution
Owns and drives the Run the Bank/remediation project portfolio


Key responsibilities:
Operation & risk management tasks
Reviews and approves authorized set of risk control activities on behalf of DHs e.g. pending items on Periodic KYC, Investment Suitability, AML;
Provides sign-off on defined business activities e.g. security / payment transfers, IPO oversubscription, etc.
Escalates emerging issues/patterns to DHs/ CTH / RMM to ensure Markets line management are enabled to meet their supervisory responsibilities
Ensures that same control standards are applied across different desks, proper remediation steps are taken for any findings/issues
Follows up and investigates ad-hoc business/risk related cases on behalf of RMM, CTH or LRU
Pro-actively drives process/system enhancements to increase operational efficiency and maximize client time

Independent risk advisor to senior management
Coordinates with SMEs from Legal, Compliance, LRU, etc. on complex risk matters
Advises CTHs on escalation cases and implements agreed actions on their behalf
Ensures that CA/DH and CTH are up to date with the key changes in policy / process
Owns and drives the Run the Bank/remediation project portfolio including timely execution and reporting of Stay on Top, production of CA monthly action list/dashboard, etc.
Reviews monthly/quarterly risk performance incl. KRIs, controls, etc. and reports findings to CTH
Pro-actively identifies gaps and proposes countermeasures to address them

Requirements
Our ideal candidates should have the following requisites:

10 years of experience in Wealth Management, covering Front to Back processes. 5 years of which should be related to directly supporting market teams e.g. Client onboarding, Credit request
Proven experience in control and risk or other comparable judgment capabilities e.g. investment suitability, AML
Strong risk awareness mindset with the ability to balance business needs with control/risk
Excellent problem solving skills with solution oriented mindset, and capable to challenge status quos
Ability to engage stakeholders at all levels and cultivate positive work relationship
Strong attention to process and document details
Excellent analytical skills, logical analysis and strategic thinking. Structured decision making process, and documentation of requirements and decisions
Strong communication (oral and written) and interpersonal skills in order to liaise with members of the organisation at all levels.
The ability to manage key client relationships, build productive working relationships with the Business as well as Logistics functions and be able to prioritise and work effectively in a rapidly changing environment with the capacity to proactively anticipate, identify, prevent and resolve problems is required
Ability to operate and deal with uncertainty in a regularly changing environment, while maintaining structure to decision making activities

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