Compliance Testing Officer

Nashville, New York, Weehawken, United States - New Jersey, United States - New York, United States - Tennessee
Competitive salary
02 Oct 2022
26 Oct 2022
Approved employers
Approved employer
Job role
Your role
Are you a compliance risk expert? Are you the type of person that cares business is done right? Are you ready to work in the second line of defense aspect of compliance? Do you have experience in conducting audits or testing reviews in order to assess compliance with legal, regulatory, and internal firm policy requirements applicable to UBS products and services and the ability to identify red flags, and communicate your findings in a precise and impactful manner?

We are looking for someone who can:

• conduct compliance testing reviews of applicable laws, rules, regulations, and controls
• has experience in a compliance, audit, assurance or internal control function area within a complex financial institution
• knowledge of and ability to develop testing modules, scripts and review plans
• align testing plans to annual Compliance Risk Assessments and incorporate regulatory priorities accordingly
• provide guidance and feedback to team members with respect to applicable regulatory requirements to ensure that testing is adequately designed to identify potential control gaps, weaknesses, and non-compliance with laws and regulations
• prepare and provide a review of detailed work papers to support the results of the testing program
• provide guidance and help advise less senior compliance testing staff when necessary
• assist in synthesizing the results of the testing program for communication to senior management
• assist in compliance related matters during examinations by the firm's regulators and GIA
• build a working knowledge of current Federal Reserve Board, OCC, FFIEC, FINRA, SEC and state regulatory issues, as well as the company's own written supervisory policies and procedures over a period of time
• travel to other UBS locations if necessary

Your team
You will be part of the Enterprise Safety and Soundness Review Team reporting into the CUSO Central Compliance Testing Team. This is a driven and diverse team of professionals, with the responsibility for conducting Second Line of Defense assurance activities for the Consolidated US Operations (CUSO) business for UBS

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.

Your expertise
• a university degree, preferably in finance, accounting, economics, or business administration
• 4-10 years of experience in compliance, preferably in compliance testing, audit, regulatory examinations, assurance or other internal control functions
• knowledge of risk and control assessments and how the results of such assessments influence the risk-based prioritization of testing programs
• proven recent experience in managing or leading compliance testing, audits and/or quality assurance reviews for a global banking institution is preferred
• proven recent experience with compliance testing, audits and/or quality assurance reviews for a global banking institution
• ability to perform investigative, and analytical responsibilities in a high pressure, deadline driven environment
• experience and/or knowledge of US regulators (Federal Reserve, OCC, FDIC) and an understanding of regulatory expectations/requirements, including:
O safety & soundness regulations
O capital adequacy, capital planning regulations such
O risk management and liquidity regulations such as
Enhanced Prudential Standards
O market, treasury and credit risk
O liquidity stress testing, liquidity risk management
and liquidity & funding
O model risk, governance, and validation
• ability to apply data driven and lineage review approaches to the testing program
• ability to understand and apply testing methodology to a diverse set of products and complex transactions
• excellent written and verbal communication skills
• excellent organizational, planning, and time management skills, as well as proficiency in Microsoft Office - Word, Outlook, PowerPoint and Excel
• team-oriented with strong interpersonal skills, able to calmly manage conflict and pressure in a demanding, high-volume environment

About us
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.

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?

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.

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