Head of Compliance and MLRO, India

Your role

Are you able to quickly understand complex processes and challenge the status quo, identify risks and inadequacies in procedures? Do you ‘think on your feet’, balancing commercial objectives with legal, regulatory and ethical considerations? Do you advocate for the importance of managing compliance and operational risks?

We’re looking for a Head of Compliance and MLRO to:

• assume responsibility for all financial crime and regulatory compliance matters and act as the primary point of contact with the RBI and other regulatory bodies.
• maintain and update the financial crime and compliance policy framework, ensuring relevance to RBI regulations, AML guidelines, corporate governance standards, and other applicable laws.
• ensure timely and accurate filing of regulatory reports, returns, and responses to queries or inspections.
• review periodic financial crime and compliance monitoring and testing as well as analyzing and reporting significant deviations or risks.
• monitor changes in local regulatory requirements and adapt local policies to ensure compliance with RBI regulations and local laws and keeping leadership informed of regulatory updates, circulars, and changes impacting business.
• foster a culture of compliance and ethical behavior across all levels of the organization.
• continuously improve and calibrate the overall compliance strategy in alignment with regulatory guidelines and business objectives.
• oversee remediation process and compliance gaps or breaches.
• partnering and advising in key transformation programs.
• collaborate with other financial crime, compliance, risk management and internal audit teams for integrated oversight of regulatory risks.

Your Career Comeback

We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.

Your team

You will be working in Group Compliance Regulatory and Governance in Mumbai, which is UBS’ 2nd line of defense, that supports the bank in achieving its strategic, operational and compliance objectives.

Diversity helps us grow, together. That’s why we are committed to fostering and advancing diversity, equity, and inclusion. It strengthens our business and brings value to our clients.

Your expertise

•excellent relationship management skills and can influence senior management in the organization.
•acts with integrity, demonstrates resilience, adaptability and good judgement.
•exhibits personal responsibility and accountability to maintain high standards by continually seeking opportunities to increase efficiency and quality of existing work processes, methods, and systems.
•strong knowledge of RBI and SEBI regulations and banking industry compliance norms.
•ability to independently exercise judgement and able to interact with regulators/supervisors directly and ensure compliance.
•ability to interpret complex regulations and translate them into business-practical policies.
•high integrity, ethical orientation, and strong stakeholder management.
•result-oriented and assertive (you don’t shy away from challenging situations).
•at least 15 years in the banking or financial services, out of which minimum 5 years shall be in the Audit / Finance / Compliance / Legal / Risk Management functions.