UBS Financial Services BSA/AML Lifecycle Management Program Trainer in New York, New Jersey
Are you considered a subject matter expert in key topics within the client lifecycle management process? Do you know how to share your knowledge and expertise with others?
We’re looking for someone like that to:
Ability to effectively communicate, train and implement a constructive feedback loop to Front Office/Branch personnel on substantive BSA/AML program risks, procedures and processes identified throughout the client lifecycle (e.g., onboarding through monitoring and offboarding of clients) by CORC or a third party (including regulatory required actions)
Implement positive feedback loop to Front Office/Branch personnel to reduce material errors/omissions in the Enhanced Due Diligence review process on a formal (frequent live training and webinar/Skype sessions) and adhoc basis (daily touchpoints, conference calls, KYC roundtable forums)
Develop effective and scalable BSA/AML training program based on leading practices, CORC findings, and third party risk assessments (regulatory or consultant led)
Build a comprehensive matrix of issues identified in the lifecycle management process that requires training and memorialize treatment of BSA/AML/KYC related issues/concerns
Ensure BSA/AML regulatory risk framework, KYC policies and procedures and desktop manual procedural steps are appropriately implemented and communicated to the field through continuous and periodic training
Forge positive working relationships with Front Office/Branch personnel and engage with other functions enterprise wide (e.g., Financial Crime Prevention, Sanctions, Global Internal Audit, Operations)
Lead bi-weekly discussions with Front Office/Branch personnel communicating thematic and detailed instances that result in EDD send-backs (EDD files that require substantive repair)
Engage in MI/Reporting activities to assess EDD review lead times and identify potential areas for improvement from a regulatory risk and process improvement perspective utilizing a Risk Based Approach
Ability to assess downstream impact and provide substantive examples during live training sessions based on UBS client types, products and services
What we offer:
Together. That’s how we do things. We offer people around the world a supportive, challenging and diverse working environment. We value your passion and commitment, and reward your performance.
Keen to achieve the work-life agility that you desire? We're open to discussing how this could work for you (and us).
Take the next step:
Are you truly collaborative? Succeeding at UBS means respecting, understanding and trusting colleagues and clients. Challenging others and being challenged in return. Being passionate about what you do. Driving yourself forward, always wanting to do things the right way. Does that sound like you? Then you have the right stuff to join us. Apply now.
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.
You’ll be working in the Chief Administrative Officer (CAO) team. You will be a member of the UBS Financial Services Inc. and UBS AG Private Bank . The bank primarily provides lending and investment management solutions for Client Advisors and Financial Advisors with clients who want to book in the United States.
Understanding of key topics within the client lifecycle management process, including: Source of Wealth corroboration, negative news and adverse media screening, collection of required UBO/partner documentation, nature and purpose of account, monitoring/mitigating of potentially suspicious transactions, changes in regulatory rules, recent trends and enforcement actions, peer group leading practices, client risk rating, other AML related red flags
Understanding of wealth management products and services
At least 5 years of experience in Management or Risk Consulting
Experienced in matters relating to BSA/AML programmatic elements and training of Front Office/Branch personnel
Proficient in developing and implementing BSA/AML related frameworks, policies and procedures utilizing a Risk Based Approach
Qualified in appropriate law, rules and regulations pertaining to BSA/AML statutory and non-statutory requirements, including, Bank Secrecy Act, PATRIOT Act, FFIEC Examination Manual, FinCEN CDD Rule, etc.
Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions. That's what we do. And we do it for private and institutional clients as well as corporations around the world.
We are about 60,000 employees in all major financial centers, in more than 50 countries. Do you want to be one of us?
We're a truly global, collaborative and friendly group of people., Having a diverse, inclusive and respectful workplace is important to us. And we support your career development, internal mobility and work-life balance. If this sounds interesting, apply now.
Job Reference #: 186596BR
Business Divisions: Global Wealth Management
Title: BSA/AML Lifecycle Management Program Trainer
City: New York
Job Type: Full Time
Country / State: United States - New Jersey, United States - New York
Function Category: Business management, administration and support