Financial Crime Compliance AML Optimization Officer
Apply NowCompany: UBS
Location: Raleigh, WV 25911
Description:
Your role
Do you want to keep criminals from abusing the financial system and legislative systems? Are you someone who likes to do the right thing? Do you know how to maintain independence and objectivity?
We are looking for someone like that who can:
Oversee AML model development and optimization across multiple lines of business (including correspondent banking, private and investment banking) and multiple Transaction Monitoring Systems, ensure sound risk coverage, adequate quantitative model assessment and validation, and data quality completeness and integrity
work with line of business stakeholders to define requirements and criteria for success and tracking, oversee development and implementation risk-based, effective and efficient rules, work with a diverse team of systems and analytics professionals based in onshore, near-shore, and offshore teams, and engage risk and audit partners to ensure ongoing review and transparency achieved
provide oversight and guidance to define relevant methodology/approach in a clear and concise manner to support the model optimization efforts and maintain standards for various AML methodology including segmentation methodology, scenario tuning methodology, peer grouping, sampling (below the Line) methodology.
work with the Data Mining and Analytics teams and the Risk Coverage/Governance Team to ensure the rules are reviewed on a regular basis based on the level of risk and that the systems are appropriately optimized
track and report results of tuning and optimization activities and model performance to AML coverage areas, senior management and regulators
support all review and audit functions; create a model inventory list and ensure all models are reviewed, provide appropriate training to bank and unit staff, and lead a team of analytics experts to continually assess current and emerging high risk transactional activities via the utilization of innovative analytical methodologies
complete UBS's annual BSA/AML/OFAC training
Your team
We are currently expanding our Financial Crime team in the Raleigh/Nashville area and are seeking an Assistant Director of AML Optimization. Our role is to assist UBS in the fight against money laundering, fraud, corruption and terrorist financing.
Your expertise
4 year college degree or international equivalent required; Master's degree in Mathematics, Economics, Computer Science, Data Science, MIS, Information Management, or Statistics a plus
3+ years of AML Compliance experience with a wealth management, broker dealer, retail and/or private bank, and/or correspondent bank a plus
advanced knowledge of AML Transaction Monitoring systems such as Actimize, Mantas, etc.
strong technical/development skills in SQL Developer / SQL - Oracle / VBA / MS Access / Database Reporting
strong data analytics capabilities, demonstrated experience in analytics platforms (Python, R etc.) for data mining and statistical analysis and substantial experience working in and ideally optimizing AML processes
excellent verbal and written English communication skills, excellent interpersonal skills and the ability to work effectively with colleagues across regions and business units
Ability to develop/deliver presentations and reporting related training to business non-technical users at various levels of the organization
Certified Anti-Money Laundering Specialist (ACAMS) certified, project management/workflow management experience, and Prior development experience with BI tools such as Qlikview, Tableau,etc. (preferred but not required)
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?
Do you want to keep criminals from abusing the financial system and legislative systems? Are you someone who likes to do the right thing? Do you know how to maintain independence and objectivity?
We are looking for someone like that who can:
Oversee AML model development and optimization across multiple lines of business (including correspondent banking, private and investment banking) and multiple Transaction Monitoring Systems, ensure sound risk coverage, adequate quantitative model assessment and validation, and data quality completeness and integrity
work with line of business stakeholders to define requirements and criteria for success and tracking, oversee development and implementation risk-based, effective and efficient rules, work with a diverse team of systems and analytics professionals based in onshore, near-shore, and offshore teams, and engage risk and audit partners to ensure ongoing review and transparency achieved
provide oversight and guidance to define relevant methodology/approach in a clear and concise manner to support the model optimization efforts and maintain standards for various AML methodology including segmentation methodology, scenario tuning methodology, peer grouping, sampling (below the Line) methodology.
work with the Data Mining and Analytics teams and the Risk Coverage/Governance Team to ensure the rules are reviewed on a regular basis based on the level of risk and that the systems are appropriately optimized
track and report results of tuning and optimization activities and model performance to AML coverage areas, senior management and regulators
support all review and audit functions; create a model inventory list and ensure all models are reviewed, provide appropriate training to bank and unit staff, and lead a team of analytics experts to continually assess current and emerging high risk transactional activities via the utilization of innovative analytical methodologies
complete UBS's annual BSA/AML/OFAC training
Your team
We are currently expanding our Financial Crime team in the Raleigh/Nashville area and are seeking an Assistant Director of AML Optimization. Our role is to assist UBS in the fight against money laundering, fraud, corruption and terrorist financing.
Your expertise
4 year college degree or international equivalent required; Master's degree in Mathematics, Economics, Computer Science, Data Science, MIS, Information Management, or Statistics a plus
3+ years of AML Compliance experience with a wealth management, broker dealer, retail and/or private bank, and/or correspondent bank a plus
advanced knowledge of AML Transaction Monitoring systems such as Actimize, Mantas, etc.
strong technical/development skills in SQL Developer / SQL - Oracle / VBA / MS Access / Database Reporting
strong data analytics capabilities, demonstrated experience in analytics platforms (Python, R etc.) for data mining and statistical analysis and substantial experience working in and ideally optimizing AML processes
excellent verbal and written English communication skills, excellent interpersonal skills and the ability to work effectively with colleagues across regions and business units
Ability to develop/deliver presentations and reporting related training to business non-technical users at various levels of the organization
Certified Anti-Money Laundering Specialist (ACAMS) certified, project management/workflow management experience, and Prior development experience with BI tools such as Qlikview, Tableau,etc. (preferred but not required)
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?