United States - New Jersey
Compliance, Risk
Group Functions
<p><b>Job Reference #</b></p>
284399BR
<p><b>City</b></p>
Weehawken
<p><b>Job Type</b></p>
Full Time
<p><b>Your role</b></p>
Are you risk adverse with experience in optimizing transaction monitoring programs? Do you want to help in the fight against money-laundering, fraud, corruption and terrorist financing?
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<br> We are looking for someone like this to:
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<ul>
<li>develop and maintain the risk and coverage assessments, optimizations for transaction monitoring program</li>
<li>work with the Model Governance team to ensure appropriate typology design factoring in regulatory expectations and our risk profile</li>
<li>understand our client base and product offerings and analyzing the same to determine appropriate threshold levels</li>
<li>anticipate potential risks or issue based on events of interest (regulatory guidance, industry or business events) and subsequent risk analysis to identify transaction monitoring gaps, requirements and/or mitigating controls in collaboration with business line compliance officers, alert triage teams and ownership and documentation of typology (Risk Based Approach) decisions</li>
<li>perform data analysis required for periodic and event driven optimizations, as well as in the identification of potential optimization opportunities</li>
<li>provide subject matter expertise, and partnership; specifically, maintain effective relationships with other key FCP partners and supporting functions.</li>
<li>support regulatory exams and internal audits</li>
</ul>
<p><b>Your Career Comeback</b></p>
We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.
<p><b>Your team</b></p>
The Americas Transaction Monitoring (TM) Director role reports to the Americas Head of TM Standards within the Americas FCP team. This is a driven team of professionals, with oversight responsibility helping US in the fight against money-laundering, fraud, corruption and terrorist financing.
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<br> 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.
<p><b>Your expertise</b></p>
<ul>
<li>a bachelor's degree or international equivalent in a relevant area of study required</li>
<li>8+ years of prior BSA/AML transaction monitoring experience with an investment bank or comparable, relevant experience at a financial institution, major consulting firm, law firm, regulatory agency, or in law enforcement</li>
<li>previous experience in performing transaction monitoring coverage assessments and optimizations </li>
<li>experience with data analysis of transaction monitoring inputs and rules/scenario output information </li>
<li>expertise in transaction monitoring systems/technology </li>
<li>firm grasp of enterprise data governance </li>
<li>handle sensitive information with a high degree of discretion</li>
<li>confidence to interact with, and present to management and regulators</li>
<li>team-orientated mindset with strong interpersonal and communication skills, and able to manage conflict and pressure in a demanding environment</li>
</ul>
<p><b>About us</b></p>
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.
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<br> 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?
<p><b>Join us</b></p>
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.
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<br> 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?
<p><b>Disclaimer / Policy Statements</b></p>
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.