Audit Expert

Your Role as an Audit Expert at UBS

Are you a sharp evaluator of risk? Can you investigate complex situations and propose solutions? UBS is looking for someone who can:

• Conduct reviews and audits of specific business areas, providing practical, innovative, and value-added solutions to issues identified.
• Drive or work as a team member on reviews and audits, including thematic and front-to-back assessments.
• Analyze and assess risks and barriers to delivery assumed by both the business and support functions.
• Identify and evaluate the effectiveness of controls designed to address those risks.
• Prepare reports of audit findings for UBS senior management.
• Monitor the results, risk profile, and developments across Financial Crime Prevention, providing input for planning sessions.
• Successfully collaborate with peers in and across audit teams.
• Build and continuously maintain sufficient knowledge of organizational and governance structure, products and processes, legal and regulatory requirements, as well as developing professional skills and experience, to allow for an effective and professional mandate execution.

Key Deliverables

• Audits performed efficiently, with a sense of urgency and in accordance with best practice.
• Assessments and reviews on whether risks are effectively controlled and, when this is not achieved, definition of the root cause for the issues.
• Pragmatic action plans to be agreed with management; these address the issue in a sustainable way and remedy the weakness promptly.
• Self-development & training plan closure or escalation of audit actions.
• Performs the Responsible Auditor (RA) role.
• Holds challenge meetings with defined business management and subject matter experts.
• Leverages GIA audit process to demonstrate entrepreneurial leadership and clear focus on risk while maintaining independence.
• Leverages audit results with the activities of other control functions within UBS.
• Actively challenges GIA standards / products and participates in finding solutions.

Your Team

You will be working in the Global Financial Crime Prevention audit team in Group Internal Audit (GIA). GIA is an independent function that supports UBS in achieving its strategic, operational, financial, and compliance objectives. This is achieved by assessing key processes as well as governance, risk management, and the control environment within all business divisions and Corporate Center functions globally. GIA is independent in its work and reports directly to the Chairman of the Board of Directors and the Audit Committee. The team is a talent powerhouse that attracts and develops top talent by driving career growth both within and outside the department. Your team is specifically responsible for auditing the Global Financial Crime Prevention team, assessing the risks and controls to prevent and detect financial crime across the firm.

Your Expertise

• A university degree, with ACAMS (or equivalent AML qualification) preferred.
• Ideally 5+ years of experience within internal audit, compliance, or internal risk management areas within the financial services industry. This experience could have been gained at a consulting firm, regulator, or in an Internal Audit function.
• A detailed understanding of financial crime related risks including Anti-Money Laundering, Know Your Customer, Sanctions, and/or Anti-Bribery & Corruption.
• Experienced in performing audits of financial crime risk.
• Reliable when working independently, with sound judgment to determine when to escalate issues.
• Risk-focused and capable of using data analytics to gain insights into transactions and clients.
• A team player willing to travel to other UBS locations for Audit assignments.
• Willing to discover all aspects of the bank, with the ambition to advance your career in an international environment.

Key skills/competency

• Risk Assessment
• Internal Audit
• Financial Crime Prevention
• Compliance
• Anti-Money Laundering AML
• KYC Know Your Customer
• Sanctions
• Anti-Bribery & Corruption ABC
• Data Analytics
• Governance