Financial Crimes Business Advisory, Bank Deposits and Payments

United States - New Jersey

Compliance, Risk

Group Functions

297004BR

Weehawken

Full Time

Do you want to be part of a team that is building a new financial crimes program for a digital bank? Do you want a lead role in the preventing criminals and terrorists from abusing the financial and legislative systems? Are you the type of person who can help in the development and implementation of programs to prevent financial crimes that apply to UBS Bank USA ("BUSA")? Can you play a key role in planning, organizing, and delivering strategic financial crimes (AML/KYC) initiatives with a major focus on business advisory and project management across the program? Are you an individual capable of undertaking a demanding yet rewarding role that entails a focus on both strategic thinking and execution?

We're looking for a BUSA AML Officer to:

Business Advisory:

• Support the Chief AML Officer in serving as a principal FCP advisor to BUSA staff (operations, product, tech teams), BUSA Management, and the Board Risk Committee
• Assess the Financial Crime Prevention (FCP) risks (anti-money laundering, sanctions, and anti-bribery and corruption) associated with digital banking and money movement/payment rails
• Provide guidance to senior executives and business managers relating to FCP risks, controls and governance pertaining to bank deposits and payments
• Support a strong culture of continuous innovation, rapid iteration, and collaboration across UI, engineers, product managers, business owners, and stakeholders

Product and Technology Support:

• Support our financial crimes Product & Technology owners in the effective planning and execution of key AML programs that will enhance our portfolio of digital products and capabilities
• Help resolve cross pod AML, Fraud, and business conflicts and dependencies, align with stream/crew/pod leads and facilitate reprioritization efforts
• Work with key stakeholders and 3rd party relationships to define overall integration framework for the new consumer bank
• Monitor progress and identify risks and dependencies to ensure timely remediation of issues and track to key milestones and targets

To better serve Financial Advisors and clients in North America, UBS aims to modernize the Banking capabilities of UBS Bank USA, and deliver a more holistic, full-service banking offering to our clients. UBS will digitize the core Banking systems to be faster, more effective, and more efficient in delivering checking/savings, lending and cash management offerings with a focus on key segments. UBS will build on its already high-performing Bank and strong net promoter scores with digitally led and high touch capabilities and further align to the UBS client promise –personalized, relevant, on-time, and seamless services.

You’ll be joining the financial crimes business advisory with a focus to partner directly with the product & technology teams in Weehawken, NJ, Nashville, TN, Raleigh, NC or Salt Lake City, UT. The Financial Crime team helps 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.

You have:

• a 4 year college degree or international equivalent
• 6+ years of prior financial crimes or related regulatory experience with a retail/or commercial bank, digital bank, fintech (financial crimes preferred), or payments/money movement company (i.e., PayPal, Stripe, Plaid, Zelle)
• experience handling sensitive information with a high degree of discretion with a focus on the maintenance of client privacy
• proven recent experience in a financial crimes or regulatory role in consumer, corporate, or commercial banking; or experience at a fin-tech or digital bank is preferred, with experience covering deposit products and money movement/payment services offered on digital banking platforms
• strong Microsoft Office skills, particularly in using Power Point to develop presentations and Excel to compile and analyze data
• strong project organization skills and attention to detail
• proven problem solving as well as decision making skills
• excellent communication skills, to both technical and non-technical audiences
• Certified Anti-Money Laundering Specialist (ACAMS) / Certified Fraud Examiner (CFE) / Certified AML and Fraud Professional (CAFP) is a plus

• LI-UBS

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?

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?

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.