Financial Crime Prevention Asset Management Officer
Apply NowCompany: UBS
Location: Weehawken, NJ 07086
Description:
Your role
Do you want to have a leadership role in preventing criminals and terrorists from abusing the financial and legislative systems? Are you the type of person who can lead a team in the development of a program to prevent financial crimes? Are you an individual capable of undertaking a demanding yet rewarding role?
We are looking for someone who can:
serve as an AML Officer for Asset Management division of UBS, helping to lead and coordinate the delivery of a comprehensive AML program
apply strong knowledge of AML regulations to ensure compliance with the Bank Secrecy Act
Serve as the contact for the first line of business for any escalations, basic queries, and overall AML program support
serve as the point of contact for the AML Investigations team for Asset Management and review SAR filings, oversee customer exists, perform customer reviews by prioritizing, identifying, researching, analyzing and providing reports and recommendations related to negative information, activity and trends
perform reviews of escalated customers, including large complex relationships and sensitive clients
document all pertinent facts and information, summarize actions, findings and recommendations for next steps for Chief AML Officer
recommend clear and concise referrals to the AML Investigations team for further investigations and potential SAR filing
assist with the preparation and delivery of ad-hoc BSA/ AML and OFAC compliance training based upon changes in regulatory requirements and/ or emerging typologies
escalate unusual or suspicious activities, including potential sanctions, fraud and bribery issues to the respective teams
complete UBS's annual BSA/AML/OFAC training
Detailed salary information :
Weehawken, Stamford, New York: the salary range for this role is $111000 to $144000
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.
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.
Your team
You will be working with the Asset Management Financial Crime Prevention team, under the Americas Financial Crime Prevention function. The Financial Crime Prevention team helps UBS in the fight against money-laundering, fraud, corruption and terrorist financing.
Your expertise
4-year college degree or international equivalent
ideally 5+ years of prior AML compliance or related regulatory experience with an asset management, wealth management, broker dealer, retail and/or private bank, and/or correspondent bank or 8+ years of compliance related experience at a law firm, regulatory agency, financial institution, major consulting firm or in law enforcement
proven experience investigating, writing, and filing Suspicious Activity (SARs)
previous experience conducting investigations of financial crimes transactions or policy violations, risk management and compliance, including researching and analyzing complex transactions to detect patterns, trends and anomalies
experience handling sensitive information with a high degree of discretion with a focus on the maintenance of client privacy
able to interact with, and present to, all levels of management and regulators
team-oriented with strong interpersonal skills, able to calmly manage conflict and pressure in a demanding, high-volume environment
able to work independently and exhibits strong decision-making capabilities
capable of prioritizing based on business demands
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 $111000 to $144000 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see "Your role" section for detailed salary information.
Do you want to have a leadership role in preventing criminals and terrorists from abusing the financial and legislative systems? Are you the type of person who can lead a team in the development of a program to prevent financial crimes? Are you an individual capable of undertaking a demanding yet rewarding role?
We are looking for someone who can:
serve as an AML Officer for Asset Management division of UBS, helping to lead and coordinate the delivery of a comprehensive AML program
apply strong knowledge of AML regulations to ensure compliance with the Bank Secrecy Act
Serve as the contact for the first line of business for any escalations, basic queries, and overall AML program support
serve as the point of contact for the AML Investigations team for Asset Management and review SAR filings, oversee customer exists, perform customer reviews by prioritizing, identifying, researching, analyzing and providing reports and recommendations related to negative information, activity and trends
perform reviews of escalated customers, including large complex relationships and sensitive clients
document all pertinent facts and information, summarize actions, findings and recommendations for next steps for Chief AML Officer
recommend clear and concise referrals to the AML Investigations team for further investigations and potential SAR filing
assist with the preparation and delivery of ad-hoc BSA/ AML and OFAC compliance training based upon changes in regulatory requirements and/ or emerging typologies
escalate unusual or suspicious activities, including potential sanctions, fraud and bribery issues to the respective teams
complete UBS's annual BSA/AML/OFAC training
Detailed salary information :
Weehawken, Stamford, New York: the salary range for this role is $111000 to $144000
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.
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.
Your team
You will be working with the Asset Management Financial Crime Prevention team, under the Americas Financial Crime Prevention function. The Financial Crime Prevention team helps UBS in the fight against money-laundering, fraud, corruption and terrorist financing.
Your expertise
4-year college degree or international equivalent
ideally 5+ years of prior AML compliance or related regulatory experience with an asset management, wealth management, broker dealer, retail and/or private bank, and/or correspondent bank or 8+ years of compliance related experience at a law firm, regulatory agency, financial institution, major consulting firm or in law enforcement
proven experience investigating, writing, and filing Suspicious Activity (SARs)
previous experience conducting investigations of financial crimes transactions or policy violations, risk management and compliance, including researching and analyzing complex transactions to detect patterns, trends and anomalies
experience handling sensitive information with a high degree of discretion with a focus on the maintenance of client privacy
able to interact with, and present to, all levels of management and regulators
team-oriented with strong interpersonal skills, able to calmly manage conflict and pressure in a demanding, high-volume environment
able to work independently and exhibits strong decision-making capabilities
capable of prioritizing based on business demands
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 $111000 to $144000 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see "Your role" section for detailed salary information.