Sanctions Analyst- Financial Crime Prevention Americas
- Recruiter
- UBS
- Location
- Nashville, United States - Tennessee
- Salary
- Competitive salary
- Posted
- 29 Jan 2023
- Closes
- 04 Feb 2023
- Ref
- 257612BR
- Approved employers
- Approved employer
- Job role
- Accountant
- Sector
- Accounting - Public practice
Your role
Do you want to protect the financial system from direct and indirect sanctions risk? 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:
• be familiar with sanctions laws and regulations including OFAC and EU sanctions and other pertinent regulatory guidance in order to assess sanctions risks, review escalations, update sanctions policy, and recommend changes and/or escalate issues as appropriate
• coordinate and conduct testing of sanctions-related controls and recommend changes and/or escalate issues as appropriate to include changes made to the sanctions lists provided by the vendor during filter system updates and releases to ensure accurate and optimal outputs
• update policies and procedures, compile metric statistics to help compile management information documents
• analyze sanctions direct and indirect legal and reputational risks in, client on-boarding/periodic reviews, trade finance reviews, and check screening and third-party transaction escalations
• conduct various sanctions control tests as appropriate and escalate potential sanctions control gaps recommending ways to enhance or change existing controls or where new controls may be appropriate
• support senior staff in project management and review of technology enhancements to screening programs, customer and payment screening systems, trading systems, case management systems, and management information reports
• support senior staff in researching and responding to regulatory and related requests and Sanctions Risk Assessments, support the maintenance of issue tracking for Audit, regulatory and supervisory reviews, and maintain departmental procedures
Your team
We are currently seeking a Sanctions Analyst in the Nashville area who will be working within the Americas Sanctions team and C&ORC Financial Crime team. Our role is to assist UBS in the fight against money laundering, fraud, corruption and terrorist financing.
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
• 4 year college degree or international equivalent
• ideally 1+ years of Financial Crime Prevention experience, preferably in Sanctions, with a wealth management, broker dealer, retail and/or private bank, and/or correspondent bank or equivalent experience at a law firm, regulatory agency, financial institution, major consulting firm, government agency, or in law enforcement
• firm grasp of relevant sanctions laws and processes including having the ability to analyze the sanctions regulations for determining permissible transactions and business activity
• previous experience drafting training documents, writing procedures, and compiling management information documents is an advantage
• experience handling payments and other sensitive information with a high degree of discretion with a focus on the maintenance of client privacy
• proficiency using Microsoft PowerPoint to create presentations and Microsoft Excel for v-look ups, pivot tables and macros -are both a plus
• excellent verbal/written and should be analytically and technologically advanced
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.
Do you want to protect the financial system from direct and indirect sanctions risk? 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:
• be familiar with sanctions laws and regulations including OFAC and EU sanctions and other pertinent regulatory guidance in order to assess sanctions risks, review escalations, update sanctions policy, and recommend changes and/or escalate issues as appropriate
• coordinate and conduct testing of sanctions-related controls and recommend changes and/or escalate issues as appropriate to include changes made to the sanctions lists provided by the vendor during filter system updates and releases to ensure accurate and optimal outputs
• update policies and procedures, compile metric statistics to help compile management information documents
• analyze sanctions direct and indirect legal and reputational risks in, client on-boarding/periodic reviews, trade finance reviews, and check screening and third-party transaction escalations
• conduct various sanctions control tests as appropriate and escalate potential sanctions control gaps recommending ways to enhance or change existing controls or where new controls may be appropriate
• support senior staff in project management and review of technology enhancements to screening programs, customer and payment screening systems, trading systems, case management systems, and management information reports
• support senior staff in researching and responding to regulatory and related requests and Sanctions Risk Assessments, support the maintenance of issue tracking for Audit, regulatory and supervisory reviews, and maintain departmental procedures
Your team
We are currently seeking a Sanctions Analyst in the Nashville area who will be working within the Americas Sanctions team and C&ORC Financial Crime team. Our role is to assist UBS in the fight against money laundering, fraud, corruption and terrorist financing.
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
• 4 year college degree or international equivalent
• ideally 1+ years of Financial Crime Prevention experience, preferably in Sanctions, with a wealth management, broker dealer, retail and/or private bank, and/or correspondent bank or equivalent experience at a law firm, regulatory agency, financial institution, major consulting firm, government agency, or in law enforcement
• firm grasp of relevant sanctions laws and processes including having the ability to analyze the sanctions regulations for determining permissible transactions and business activity
• previous experience drafting training documents, writing procedures, and compiling management information documents is an advantage
• experience handling payments and other sensitive information with a high degree of discretion with a focus on the maintenance of client privacy
• proficiency using Microsoft PowerPoint to create presentations and Microsoft Excel for v-look ups, pivot tables and macros -are both a plus
• excellent verbal/written and should be analytically and technologically advanced
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.