Compliance Testing Officer
- Recruiter
- UBS
- Location
- Weehawken, United States - New Jersey
- Salary
- Competitive salary
- Posted
- 01 Dec 2022
- Closes
- 31 Dec 2022
- Ref
- 251291BR
- Approved employers
- Approved employer
- Job role
- Compliance/risk
- Sector
- Accounting - Public practice
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 working with testing modules, scripts and review plans
• align testing plans to annual Compliance Risk Assessments and incorporate regulatory priorities accordingly
• prepare detailed work papers to support the results of the testing program
• 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 C&ORC CUSO Compliance Testing team and report to the Head of CUSO Central Testing for the Americas. This is a dynamic, 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
• ideally 4-8 years of experience in compliance, preferably in compliance testing, audit, 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 with compliance testing, audits and/or quality assurance reviews for a global banking institution
• demonstrated ability to understand effective and efficient risk controls and gaps within large organizations
• 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
• 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
You are:
• a self-starter and solutions-oriented and not easily discouraged
• flexible, adaptable, pragmatic and capable of prioritizing based on changing internal or external demands
• team-oriented with strong interpersonal skills, able to calmly manage conflict and pressure in a demanding, high-volume environment
• structured, rigorous, analytical and thorough in your approach
• motivated, diligent, organized, and able to drive tasks to closure
• someone with strong and sound judgment and able to work proactively across large organizations with many different internal stakeholders
• experienced in handling sensitive information with a high degree of discretion
• ambitious with a strong desire to grow in this role
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.
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 working with testing modules, scripts and review plans
• align testing plans to annual Compliance Risk Assessments and incorporate regulatory priorities accordingly
• prepare detailed work papers to support the results of the testing program
• 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 C&ORC CUSO Compliance Testing team and report to the Head of CUSO Central Testing for the Americas. This is a dynamic, 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
• ideally 4-8 years of experience in compliance, preferably in compliance testing, audit, 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 with compliance testing, audits and/or quality assurance reviews for a global banking institution
• demonstrated ability to understand effective and efficient risk controls and gaps within large organizations
• 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
• 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
You are:
• a self-starter and solutions-oriented and not easily discouraged
• flexible, adaptable, pragmatic and capable of prioritizing based on changing internal or external demands
• team-oriented with strong interpersonal skills, able to calmly manage conflict and pressure in a demanding, high-volume environment
• structured, rigorous, analytical and thorough in your approach
• motivated, diligent, organized, and able to drive tasks to closure
• someone with strong and sound judgment and able to work proactively across large organizations with many different internal stakeholders
• experienced in handling sensitive information with a high degree of discretion
• ambitious with a strong desire to grow in this role
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.