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UBS Financial Services Periodic KYC Review Program Lead in New York, New York

Periodic KYC Review Program Lead

United States - New York

Management and Business Support, Process, project and program management

Global Wealth Management

Job Reference #:



New York

Job Type:

Full Time

Your role:

  • Periodic KYC Review (\"PKR\") Program lead responsible for the successful completion of required PKR completions based on client risk rating (i.e. frequency) and event-driven scenarios (e.g., jurisdictional move, PEP status)

  • Apply technical skills and knowledge of regulatory standards, laws, statutory requirements, etc. to accounts that require PKR review

  • Escalation, where appropriate, and work closely with UBS' Financial Crime Prevention (FCP) team members, forging a positive partnership across functional departments

  • Allocate case/work-load, prioritize and manage population given the mix of risk rated accounts against resource capacity effectively

  • Provide Subject Matter Expertise on potential key risks identified during the EDD review process (e.g., SOW corroboration, negative news/adverse media screening, collection of required UBO/partner documentation, customer activity reviews, client risk rating, etc.)

  • Provide recommendations for PKR process improvement techniques, efficiency levers while meeting regulatory requirements

  • Analyze daily/weekly/monthly metrics based on production against forecast - apply advanced data analytics to forecast need for headcount planning based on risk rating, product type, complexity of PKR review

Your team:

You’ll be working in the Chief Administrative Officer (CAO) team. You will be a member of the UBS AG Private Bank which is an OCC regulated entity. 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.

Your expertise:

  • Experienced in matters relating to BSA/AML programmatic elements and implemented/recommended key procedural controls, procedures and processes into a BSA/AML program based on peer bank group leading practices and regulatory requirements

  • 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 potential suspicious transactions, changes in regulatory rules, recent trends and enforcement actions, peer group leading practices, client risk rating, other AML related red flags

  • Experienced in developing and implementing BSA/AML related frameworks, policies and procedures utilizing a Risk Based Approach

  • Experienced with 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.

  • Management / Risk Consulting experienced preferred

  • Understanding of wealth management products and services

  • At least 5 years of experience

About us:

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?

Join 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.

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.

UBS is proud to be an equal opportunities employer. We are committed to providing equal access to employment opportunities to all prospective employees within the recruitment process. UBS complies with and supports all national and local laws pertaining to non-discrimination and advancement opportunity, including those relating to making reasonable accommodations to the recruitment process for applicants who require them.
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