Are you ready to work in the second line of defense for the top global wealth manager and a $100bn bank? Can you build relationships and influence outcomes, as well as develop and implement innovative solutions? On the Compliance & Operational Risk Control team at UBS Global Wealth Management (GWM) you’ll be responsible for working with our business to identify and mitigate potential risks to UBS.

As the Compliance Officer – Deposits & Payments, your role will assist the Bank’s Chief Compliance Officer and Head of Bank Products Compliance with ensuring that the bank stays in compliance with applicable laws, rules and regulations across the various deposit products and payment services offered by the Bank. You will partner with UBS Bank USA Compliance and Operational Risk colleagues and first line of defense colleagues within the bank. Your role will require excellent communication and interpersonal skills, ability to challenge the business, and a desire to help the enterprise properly manage compliance and conduct risk.

• providing guidance and advice to the business deposits group on an on-going basis regarding changes in laws and regulations impacting UBS Bank USA and influencing executives on key compliance and conduct risks and actions required to mitigate risk
• interaction with federal and state banking regulators and internal auditors
• leading an annual review of all compliance risks associated with the deposits and payments business lines and evaluating and providing consultation on new initiatives, business objectives, processes, risk events, controls, and/or monitoring
• working with Legal personnel to determine accurate process requirements and business personnel to ensure appropriate process implementation to ensure UBS adheres to consumer protection laws
• strengthening and ensuring resilience in deposits and payments Compliance Management System pillars (policies, procedures, trainings, monitoring, complaints) for applicable UBS Bank USA products, processes, and personnel

Job Reference #

307561BR

City

Nashville, Raleigh, Salt Lake City, Weehawken

Job Type

Full Time

Your team

You will be working with the Bank's Chief Compliance Officer, Head of Bank Products Compliance, Bank Senior Compliance Officers (SCOs) and the Compliance Monitoring & Testing team, in the Group Compliance, Regulatory & Governance (GCRG) function of UBS Bank USA, based in Salt Lake City, UT and Weehawken, NJ. The GCRG team helps UBS ensure regulatory compliance with applicable consumer protection laws and regulations. You will primarily have regular interaction with business and Compliance partners, senior management in the Business, and partnering with stakeholders from various business and control functions to ensure that the Bank remains in compliance with all applicable banking laws and regulations.

This 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 accomplish 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.

Your expertise

• A bachelor’s degree or higher is preferred / 10+ years of compliance experience in a banking institution
• Strong knowledge of applicable banking laws/regulations/guidance, with specific focus on deposits, payments and FDIC insurance
• Experience with digital banking platforms and services, including online/mobile
• Successful experience of leadership, both in terms of people as well as projects and initiatives
• Strong strategic, judgement and integrative thinking skills, risk management and risk assessment knowledge
• Strong organizational, communication and influencing skills

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.

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.