CUSO Compliance Testing Officer

Job Reference #
289574BR

Job Type
Full Time

Your role
Are you ready to partner with key stakeholders across our business to ensure we remain in compliance with all applicable laws and regulations?

We are looking for someone who can

Lead compliance testing reviews of applicable laws, rules, regulations, and controls Develop and document detailed testing scripts to assess adherence to compliance and risk policies, procedures and bank regulatory requirements Align testing plans to annual Compliance Risk Assessments and incorporate regulatory priorities accordingly Evaluate the design and operating effectiveness of controls, assess identified findings, determine root causes and propose risk ratings in accordance with internal guidelines and standards Prepare detailed work papers to support the results of the testing program Develop effective relationships within compliance and with other key stakeholders in the business and risk areas Support Compliance Officers across a range of consumer compliance matters Effectively communicate with stakeholders and management at a variety of levels Offer guidance and support for more junior staff Interpret new and/or existing laws, rules and regulations, analyze existing policies, procedures, processes and controls to determine gaps Participate in/assist in developing knowledge sharing and best practice trainings with other CUSO CT members Partner with business stakeholders from various product and control functions to help strengthen processes and controls and complete any remedial action plans. Comply with all regulations, policies and standards to be in line with our compliance and risk management culture

Your team
C&ORC is part of the Group Compliance, Regulatory & Governance (GCRG) function. The GCRG function is the center for compliance and operational risk control, governmental and regulatory affairs as well as investigations and governance matters. C&ORC aims to ensure that all compliance, conduct and operational risks are understood, owned and managed to the firm's risk appetite. C&ORC is responsible for providing independent oversight and control over the compliance and operational risks arising from UBS’s business activities at a global, regional, divisional and entity level.

The UBS Bank USA Compliance Testing Team is part of Central U.S. Operations (CUSO) Compliance Testing. CUSO CT is one of the five CUSO C&ORC Compliance Testing teams (“CTTs”) that operate as part of the 2nd Line of Defense within the “Three Lines of Defense” model. Compliance testing is a key component of the CUSO Compliance Risk Management Framework. The Compliance Testing teams provide risk-based independent testing activities for their respective business divisions and support functions within CUSO.

The UBS Bank USA Compliance Team is based in Salt Lake City, UT, with roles aligned with products and services in Raleigh NC, Nashville TN and Weehawken NJ and a direct reporting line into the Head of CUSO Monitoring and Testing for the Americas. You will partner with stakeholders from various business and control functions to ensure that the Bank remains in compliance with all applicable banking laws and regulations

Your expertise
Qualifications:

A university degree, a graduate degree is preferred Ideally 8+ years of experience, preferably in compliance testing, audit, assurance or other internal control function Working knowledge of banking laws/regulations, specifically consumer compliance laws/regulations, preferred Recent experience in managing or leading compliance testing reviews, audits and/or quality assurance reviews for a banking institution is preferred Knowledge of risk and control assessments and how the results of such assessments influence the risk-based prioritization of testing programs Demonstrated ability to understand effective and efficient risk controls and gaps within large organizations Excellent written and oral communication skills with the ability to articulate logically and precisely Strong organizational skills Analytical and detail-oriented Ability to calmly manage conflict and pressure in a demanding, high-volume environment Ability to be flexible and capable of prioritizing tasks based on changing internal and external demands Ability to work as a member of a team where success is defined not only on individual performance but also that of the entire team Self-motivated Excellent planning and time management skills Proficiency in Microsoft Office (Word, Outlook, PowerPoint and Excel)

About Us
UBS is the world’s largest and the 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..

We have a presence in all major financial centers in more than 50 countries.

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.