IB Compliance Programs, Swaps Dealer Regulatory Governance
- Recruiter
- UBS
- Location
- Nashville, New York, Stamford, Weehawken, United States - Connecticut, United States - New Jersey, United States - New York, United States - Tennessee
- Salary
- $147,000 to $182,000 based on experience, education, and skill level
- Posted
- 18 May 2023
- Closes
- 17 Jun 2023
- Ref
- 276075BR
- Approved employers
- Approved employer
- Job role
- Compliance/risk
- Sector
- Accounting - Public practice
Your role
Are you an expert in CFTC Swap Dealer and SEC Security-Based Swap Dealer rules? Are you interested in joining a global team that overseas regulatory requirements and controls frameworks? Do you have experience with providing guidance, conducting risk assessments, testing and regulatory implementations?
We're looking for someone like that to:
• assist in the planning, coordination and delivery of our team's annual Swap Dealer and security-based swap dealer review plan
• contribute as lead or joint reviewer for complex rules-based Swap Dealer reviews by analysing and providing credible challenge on key processes, procedures and controls
• draft and issue impactful reports setting out the findings, conclusions, ratings and remedial actions
• prepare detailed work papers to support the results of the review
• assist management with the reporting of results, trends, issues and themes to Swap Dealer governance and risk committees
• participate in the development and enhancement of testing methodologies and standards
• contribute as lead or joint assessor in the execution of the annual rules-based Compliance Risk Assessments
• provide advisory and support to firm-wide stakeholders on queries regarding rule interpretation, product classification, or client eligibility, etc.
• perform second line of defence monitoring of certain processes that impact compliance with the rules
• provide support on regulatory examinations and internal audits, including driving associated remediations with relevant stakeholders
• participate in the governance of deemed associated persons for Swaps
Swap Dealer Regulatory Governance is also responsible for the development, maintenance and execution of our Swap Dealer testing program across all divisions. These testing results are used to support the annual Swap Dealer Chief Compliance Officer certification stating that the Swap Dealer has policies and procedures that are reasonably designed to comply with the Commodity Futures Trading Commission's and Securities & Exchange Commission's Swap Dealer regulations
Your team
You'll be working in the Swap Dealer Regulatory Governance team, within Investment Bank Compliance & Operational Risk Controls (IB C&ORC)
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
• university degree in finance, economics, business administration or numerical discipline
• J.D., M.B.A. or other relevant advanced degree a plus
• 7+ years of experience in the financial services industry
• in-house audit at a financial institution or examination experience at a financial industry regulator a plus
• knowledge of swaps and security-based swaps products and markets
• knowledge of U.S. SEC SBSD or CFTC Swap Dealer laws and regulations
• team-orientated while able to complete tasks independently
• detail-oriented, accurate and able to drive tasks to closure
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?
Salary information
CA, CO, WA and NY based roles: The salary range for this role is $147,000 to $182,000 based on experience, education, and skill level. This role may be eligible for discretionary incentive compensation. For benefits information: 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.
Are you an expert in CFTC Swap Dealer and SEC Security-Based Swap Dealer rules? Are you interested in joining a global team that overseas regulatory requirements and controls frameworks? Do you have experience with providing guidance, conducting risk assessments, testing and regulatory implementations?
We're looking for someone like that to:
• assist in the planning, coordination and delivery of our team's annual Swap Dealer and security-based swap dealer review plan
• contribute as lead or joint reviewer for complex rules-based Swap Dealer reviews by analysing and providing credible challenge on key processes, procedures and controls
• draft and issue impactful reports setting out the findings, conclusions, ratings and remedial actions
• prepare detailed work papers to support the results of the review
• assist management with the reporting of results, trends, issues and themes to Swap Dealer governance and risk committees
• participate in the development and enhancement of testing methodologies and standards
• contribute as lead or joint assessor in the execution of the annual rules-based Compliance Risk Assessments
• provide advisory and support to firm-wide stakeholders on queries regarding rule interpretation, product classification, or client eligibility, etc.
• perform second line of defence monitoring of certain processes that impact compliance with the rules
• provide support on regulatory examinations and internal audits, including driving associated remediations with relevant stakeholders
• participate in the governance of deemed associated persons for Swaps
Swap Dealer Regulatory Governance is also responsible for the development, maintenance and execution of our Swap Dealer testing program across all divisions. These testing results are used to support the annual Swap Dealer Chief Compliance Officer certification stating that the Swap Dealer has policies and procedures that are reasonably designed to comply with the Commodity Futures Trading Commission's and Securities & Exchange Commission's Swap Dealer regulations
Your team
You'll be working in the Swap Dealer Regulatory Governance team, within Investment Bank Compliance & Operational Risk Controls (IB C&ORC)
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
• university degree in finance, economics, business administration or numerical discipline
• J.D., M.B.A. or other relevant advanced degree a plus
• 7+ years of experience in the financial services industry
• in-house audit at a financial institution or examination experience at a financial industry regulator a plus
• knowledge of swaps and security-based swaps products and markets
• knowledge of U.S. SEC SBSD or CFTC Swap Dealer laws and regulations
• team-orientated while able to complete tasks independently
• detail-oriented, accurate and able to drive tasks to closure
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?
Salary information
CA, CO, WA and NY based roles: The salary range for this role is $147,000 to $182,000 based on experience, education, and skill level. This role may be eligible for discretionary incentive compensation. For benefits information: 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.