Credit Suisse Group AG has been acquired by UBS Group AG. Credit Suisse continues its business activities as a subsidiary company of UBS Group AG, including selective hiring for experienced pro-fessionals. UBS is the world’s largest and only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competi-tors. From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it’s our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact? UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and sup-port the diverse cultures, perspectives, skills, and experiences within our workforce. Your field of responsibility Financial Crime Prevention (FCP) is a compliance and risk management function responsible for the ongoing monitoring and oversight of the Financial Crime framework in India across Credit Suisse and UBS onshore licensed entities. It includes the provision of advisory support to business areas and ensuring adherence to regulatory requirements and policy standards. The FCP function, as a second line of defense, poses credible challenge to the business controls framework, pursuant to applicable financial crime risks. The FCP India has oversight and coverage over Global Wealth Management (GWM), Global Banking (GB) divisions across multiple Credit Suisse and UBS onshore licensed entities by RBI and SEBI in India. The role is also designated as ‘Principal Officer/MLRO’ as mandated under Prevention of Money Launder Act (AML Law of India) for UBS Group, Bank branch in India. Key Responsibilities  Fulfil obligations and duties as Principal Officer / MLRO as defined under PMLA rules and applicable regulatory guidelines for Bank branch in India.  Act as FCP Lead for India and exercise governance and oversight on KYC/AML Framework to deliver FCP agenda.  Track and disseminate the regulatory changes. Related advisory and bring out key impact areas and socialized with first line stakeholders.  Undertake periodic risk assessments to identify risks associated with products & services, complex transactions, clients and geographies.  Analyze new business / product proposals keeping in mind financial crime associated risks.  Supporting India CCO during regulatory reviews/inspections on FCP areas.  Review and supervise inquiries received from law enforcement authorities.  Formulating and periodic update to KYC/AML and associated Financial Crime related India policies.  Socialize policy requirements and undertake trainings on new developing areas for stakeholders.  Undertake AML Transaction Monitoring program - perform quality assurance checks on the transaction monitoring alerts.  Suspicious Transaction Report filing and required analysis / post mortem exercise.  Preparing FCC related submissions, MI for regional and country level forums.  Undertaking detailed financial crime investigations, including documenting specific due diligence and drafting case recom-mendations for front office business / management on whether reasonable grounds for a suspicion exists, in relation to a cli-ent and/or third-party.  Act as feedback provided on Reputational risk escalation cases.  Undertake enhance due diligence and provide feedback on such cases referred to FCP.  Partner with regional / global teams on project implementations having change impact to India franchise.  Performing compliance reviews on reporting obligations under FIU India. Other General Responsibilities  Awareness and understanding of business products and services and keeping up to date with industry practices.  Understanding and adhering to other associated bank policies.  Ensuring appropriate handling of sensitive client information.  Encouraging a positive and professional work environment within team and with stakeholders.  Building and maintaining strong relationships with business and first line of defense personnel.  Responsible for supporting the coordination of internal and external audits and reviews related to the function.  Producing and acting on management information reports to country and APAC management.  Being up to date with training requirements.  Ensuring adequate talent/staffing and grooming of FCP India team. Your future colleagues The role allows candidate to closely work with country Head of GCRG, India and colleagues across Compliance and Operational Risk Control (CORC), first line of defense (FLDS) including Front office client facing colleagues, Client onboarding functions and other coun-try and regional stakeholders. The role allows candidate accessibility across functions to have proactive dialogue and approach to ensure compliance with FCP mandate. We are a department which values Diversity and Inclusion (D&I) and is committed to realizing the firm’s D&I ambition which is an integral part of our global cultural values. · Candidate is expected to have background and experience of Financial Crime Prevention related statutory and regulatory requirements such as PMLA, Regulatory guidelines around KYC/AML (RBI&SEBI), Sanctions, Anti Bribery and Corruption. · Knowledge of statutory and regulatory reporting obligations e.g. FIU India, RBI, SEBI relating to KYC / AML area. · Understanding and fair knowledge of product licenses / features under RBI and SEBI regulations (e.g. Banking products, Investment Bank, Portfolio Management, Broker Dealer & Merchant Bank etc.). · Experience to interact with regulators and handling inspections. · Prior experience as MLRO/Head of FCP preferred. Dedication to fostering an inclusive culture and value diverse perspectives Job: Legal & Compliance* *Title: *FCC India, Vice President #231720 Location: India-Mumbai-Mumbai Requisition ID: 231720