Marcel Schildknecht

Background

About Marcel Schildknecht

Global banker with more than a decade of banking experience on each side of the Atlantic. I learned the banking trade from the ground up at a retail bank in Switzerland and worked my way up to a senior program manager position for one of the top banks on Wall Street. I am familiar with the US and Swiss banking regulators and the challenges of implementing global solutions to satisfy regulatory requirements, such as implementing global Anti-Money Laundering standards, establishing an intermediate holding company, recovery & resolution plans, legal entity rationalization, etc.My key strengths are in project governance as well as project management of strategic initiatives. Most recently my responsibilities included- Implemented the US governance structure to monitor the timely remediation of all OCC and FED issued AML/BSA examination findings- Overseeing the writing of closure packs, describing UBS’ remediation efforts to address regulatory AML findings- Developed UBS' US Resolution Plan from 2014 through 2018- Program governance for a series of large scale projects in order to improve UBS' resolvability- Implementation of sound supervision programs to ensure compliance with bank regulatory rules and internal policies- Managed interactions with regulators on Resolution Plan inquiries and bank branch exams- Design and implementation of legal entity governance and oversight programs- Resolving cultural challenges in global projects