United States - Massachusetts

Compliance, Risk

Group Functions

Job Reference #

279733BR

City

Boston

Job Type

Full Time

Your role

Are you an expert on the Wealth Management industry, and able to provide analysis on the associated suitability, supervision, and conduct risks? Are you interested by legal and regulatory nuances, and do you enjoy solving complex problems? Are you an organized and motivated individual who enjoys making a positive difference within a collaborative team environment?

We're looking for someone who can:
• work on various compliance and regulatory matters within the region for the wealth management business, advising business colleagues on policy and regulatory requirements, and challenging them to pursue compliance-oriented solutions and strong control processes
• ensure a localized presence of Compliance within the region, participating in business risk meetings and remaining engaged with the business on activities within the region to ensure compliance and conduct risks are identified and appropriately addressed
• perform deep-dive reviews, evaluating processes and controls to be able to identify potential weaknesses and recommend improvements
• assist with the coordination of the branch office exams within the region, providing subject matter expertise on regulatory requirements and ensuring compliance examiners are properly educated on branch processes, personnel and nuanced activities
• partner with Compliance colleagues to ensure requests and inquiries relating to matters from the Field and Senior Management are adequately and consistently addressed

Your Career Comeback

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

Your team

The WM USA Field Compliance Team sits within the Governance Compliance Regulatory Group (GCRG) which aims to build trust, help safeguard our business, and support controlled growth and strive for new ways to proactively identify and control existing and emerging risks in a rapidly changing and increasingly digital world. The Compliance and Operational Risk (C&ORC) team helps accomplishes this by providing independent oversight, challenge and control over the non-financial risks arising from UBS’s business activities across multiple levels to ensure compliance, conduct and operational risks are understood, owned, and managed to the Firm's risk appetite. As part of the second line of defense, Wealth Management Americas Compliance identifies and assesses compliance, regulatory and reputational risk by providing independent oversight and challenge of risks, and establishing independent frameworks for risk assessment, measurement, aggregation, and reporting, protecting against non-compliance with applicable laws and regulations. This team aids in designing and implementing controls, policies, and procedures, implementing compliance training, working closely with independent testing teams, liaising with surveillance, conducting risk assessments, partnering with other parts of the Division on surveillance, investigations and regulatory examinations and inquiries.

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

• previous experience in wealth management, compliance, audit and supervision required
• excellent understanding of US Wealth Management industry rules and regulations (e.g., FINRA, SEC, CFTC, NFA)
• a leader with a strong work ethic and attention to detail having good organizational and time management skills
• able to influence others to make positive decisions, resolve conflicts and exercise sound judgment under pressure
• excellent written and verbal communication skills, with the ability to persuasively communicate complex issues succinctly and clearly

About us

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 competitors.

With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?

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?

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.