The Compliance, Regulatory and Governance team play an important role at UBS and have a broad mandate to carry out. We take an integrated approach to effectively manage the evolving regulatory and compliance environment and drive solutions in line with UBS's strategic objectives. We also develop clear and coherent standards and make sure they're applied across the firm and its subsidiaries.
We are a control function that manages all interactions with governments, regulators and international standard setters to efficiently manage compliance, operational risks and change. We cover operational risks, employee conduct, financial crime prevention, regulatory and governmental affairs, governance arrangements and many more. We closely work with UBS's business divisions and play a vital role in protecting one of our most valuable assets: our brand reputation. We’re present in 37 countries with more than 2,600 employees.
I’m an apprentice in Compliance and Operational Risk Control. We are tasked to make sure that all compliance, conduct and operational risks are understood, owned and managed according to the firm's risk appetite. The prospect of being able to support UBS from behind the scenes fills me with pride. Managing risk is not something widely understood within the firm – at least not to a detailed degree. So, the more you learn the more you can explain and teach and help refine processes such as risk assessment to enable better quality information that support business divisions in making decisions going forward.