United States - New Jersey, United States - New York

Compliance

Group Functions

Job Reference #

300723BR

City

New York, Weehawken

Job Type

Full Time

Your role

Are you an expert on the Volcker Rule? Do you know how to Identify, analyze and assess regulatory risks? Are you interested in joining a global team that overseas regulatory requirements and control frameworks? Do you have experience with providing guidance, conducting risk assessments, testing & monitoring and regulatory risk assessments. We're looking for someone like that to:

• Actively participate in the development and execution of our team’s annual testing and monitoring plans
• Adhere and execute against governance testing and monitoring standards
• Identify and evaluate the effectiveness of existing controls, processes, and policies & procedures
• Ensure comprehensive work papers and results are maintained to support test and monitoring results and Non-Financial Risk issue rating justifications
• Escalate and report identified issues to UBS senior management and Governance forums
• Strong ability to write clear, concise testing reports while negotiating and presenting testing findings against Rule requirements
• contribute as an assessor in the execution of the annual rules-based Compliance Risk Assessments
• perform second line of defense monitoring of certain processes and key controls that impact compliance with rules
• Strong Ability to lead and supervise complex control and rules-based testing efforts in accordance with governance and testing standards.

Detailed Salary Information by city(ies):
• New York: the salary range for this role is $164000 to $211000

The expected salary range(s) for this role as of the date of this posting is/are based on factors including, but not limited to, experience, qualifications, education, location and skill level. This role may also be eligible for discretionary incentive compensation. For benefits information, please visit ubs.com/usbenefits.

Your team

You’ll be working on the Volcker Regulatory Governance Team (“VRG”), a unit within Compliance and Operational Risk Control (C&ORC). We are a cross-divisional team that conducts independent testing and monitoring of controls and compliance frameworks related to the management of Volcker compliance risks across all UBS businesses and support units (i.e., compliance, information technology, operations, finance, etc.) within the Combined US Operations (“CUSO”) to ensure compliance with Section 619 of the Dodd-Frank Act (the “Volcker Rule”).

Your expertise

You'll have:
• A university degree in finance, economics, business administration or numerical discipline
• J.D., M.B.A. or other relevant advanced degree strongly preferred
• Several years of experience in the financial services industry
• In-house audit at a financial institution or examination experience at a financial industry regulator
• Knowledge of financial products and services offered by investment banks
• Working knowledge of the Volcker Rule and other of U.S. securities laws & regulations as well as SRO rules

You are:
• A great communicator (and you know how to handle challenging situations)
• Reliable and resilient (challenging situations and conversations don’t scare you)
• Team-orientated, while able to complete tasks independently
• Motivated, diligent, conscientious, highly organized, detail-oriented, accurate and able to drive tasks to closure.

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.

Salary information

US Only: The expected salary range for this role is $164000 to $211000 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see «Your role» section for detailed salary information.

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.