• Job Description

  Req#: 297159BR

  Job Reference #

  297159BR

  City

  Weehawken

  Job Type

  Full Time

  Your role

  Do you know how to keep an eye out for and avoid risk? Are you skilled at assessing processes and making improvements? Are you a strong communicator with a KYC/ AML/ Compliance or Legal background? Do you have an interest in ensuring the firm and its employees conduct business in accordance with federal and state laws and rules and regulations, including the rules and regulations of the Securities and Exchange Commission, The Federal Reserve Bank, the Commodity Futures Trading Commission, FINRA, and other governmental agencies, self-regulatory organizations and internal policies and industry best practices?
  
  We’re looking for a Business Risk Team Leader to:
  
  • execute the Know Your Customer (KYC) activities, ad-hoc regulatory requirement reports, and remediation's of the branch. This includes delivering the Compliance program for anti-money laundering, anti-bribery, sanctions, Cross Border, Fiscal Compliance and related disciplines
  • identify key risks in the current client lifecycle management process and recommend strategies to for future state design to mitigate AML risks while operationalizing efficiency levers and reduce account opening lead times
  • oversee the KYC Periodic Reviews process, managing the overall Periodic Review pipeline, ensuring prioritization and timely execution of cases and compliance with regulatory deadlines.
  • maintain subject matter expertise of applicable anti-money laundering laws and regulations and support Front Office by providing guidance on KYC compliance requirements
  • translate AML policy for the Front Office to understand and execute, and ensure KYC standard/policy is consistently applied, in addition to regularly evaluating and improving existing processes & putting new processes (including training) into action and systematically track them
  • ensure client vetting data and document processing comply with regulations, guidelines, standards and UBS policies for all new accounts, as well as complete of Final Due Diligence Checklist and negative news searches

  Your team

  You'll be joining our Business AML Organization (BAMLO) team, which focuses on driving strategy, implementation, and oversight for the AML program within the US Wealth Management line of business. This role is based out of Weehawken, Nashville, and Miami. We work collaboratively with our business partners, WM field leadership, and Second Line Compliance partners to ensure that our Financial Advisors serve their clients in accordance with regulatory requirements.
  
  CA, CO, WA and NY based roles: The salary range for this role is $80,000 to $100,000 based on experience, education, and skill level. This role may be eligible for discretionary incentive compensation. For benefits information: ubs.com/usbenefits.

  Your expertise

  • ideally 2 or more years of AML/Compliance, Risk Management and/or Legal Background
  • bachelor or international equivalent required; advanced degree a plus
  • strong understanding of AML/ OFAC regulations; consulting background is a plus
  • strong understanding of commercial banking and broker dealer products and services
  • result-oriented and assertive (you don’t shy away from challenging situations)
  • ability to effectively handle a fast paced environment and successfully meet established deadline requirements
  • ability to interact and work closely with business stakeholders at all levels of seniority

  About us

  UBS is the world’s largest and the 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 competitors..
  
  We have a presence in all major financial centers in more than 50 countries.

  How we hire

  We may request you to complete one or more assessments during the application process. Learn more

  Join us

  At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.
  
  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?

  Contact Details

  UBS Business Solutions SA
  UBS Recruiting

  Disclaimer / Policy Statements

  UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.

• About the company

  UBS is a global firm providing financial services in over 50 countries. Visit our site to find out what we offer in the United States of America.

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