Description

Job Reference #
336203BR

Business Divisions
Investment Bank

Your role
Are you organized and detail oriented? We are looking for someone to focus on KYC, AML, CDD and compliance policies and procedures in a fast-paced environment. You'll be part of the KYC team at UBS and will be responsible for gathering and analyzing client KYC information within the Investment Bank. The role will require the candidate to be able to liaise with various departments within UBS, as well as clients of the bank. The role also gives you the opportunity to build relationships with UBS salespersons, covering both domestic and international client accounts. The ideal candidate will have a strong KYC/AML background, and will be comfortable explaining requirements to new clients. To be successful in this role you will need to be quick to learn the business, keen to develop new skills, have an enthusiastic and positive attitude and have knowledge of KYC and AML best practices.

Responsibilities:
• Liaise with internal personnel on the application of KYC policy
• Understanding of the 5 pillars of an AML program
• Maintaining knowledge of appropriate BSA and OFAC laws and regulations with a view to applying this knowledge in live scenarios
• Liaise with internal teams to discuss UBS KYC/AML requirements, policy and client information
• Interact directly with clients to request documentation and explain our KYC requirements
• Act as a subject matter expert in the execution and implementation of KYC rules and polices
• Liaise with internal teams to establish client accounts
• Review incoming documents for clients according to UBS KYC /AML policies
• Retain records of all information relied upon to complete KYC
• Perform basic, additional and enhanced due diligence KYC reviews for new and existing customers
• Escalate any unusual transaction activity changes to compliance and business heads
• Review and evaluate negative news related to clients
• Ensure UBS has a clear and comprehensive assessment of KYC risks for each client
• Understanding of the impact carried by Sanctions and Anti-Bribery and Corruption concerns on the risk profile of each client
• Understanding of Investment Bank products and services
• Report as needed to regional control committees on challenges, progress, etc.
• Handle sensitive and confidential information in accordance with UBS firm policy
• Contribute to continuous improvement of processes and services
• Possess knowledge of writing comprehensive reports detailing results of QC / audit
• Understanding impact of technology and how it can aid in improving quality of a process
• Ideally have management experience, including performance reviews and day-to-day management of a team

Detailed salary information:
• New York: the salary range for this role is $108000 to $133000
The expected salary range(s) for this role as of the date of this posting is/are based on factors including, but not limited to, experience, qualifications, education, location and skill level. This role may also be eligible for discretionary incentive compensation. For benefits information, please visit ubs.com/usbenefits.

Title
ICLS - Client Onboarding - GB Onboarding Specialist

City
New York

Job Type
Full Time

Country / State
United States - New York

Function Category
Operations

Join us
At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We're dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. And we use artificial intelligence (AI) to work smarter and more efficiently. We also recognize that great work is never done alone. That's why collaboration is at the heart of everything we do. Because together, we're more than ourselves.
We're committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.

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.

Your team
You'll be working with the Client Onboarding KYC team. The team is front office and client-facing and you will be responsible for coordinating with clients for KYC documentation collection and analysis to ensure the firm's ongoing adherence with AML policy.
This role also gives you the opportunity to build relationships with the client onboarding team and UBS salespersons, covering both domestic and international client accounts. We operate as part of a cross-product team and help to support all functions in their timely execution of responsibilities. To be successful in this role you will need to be quick to learn the business, keen to develop new skills and have an enthusiastic and positive attitude. Good project management, communication, and team skills are key.

Your expertise
Ideal candidates will have:
• 4-year degree
• 5 years experience in conducting KYC for institutional clients
• Ability to analyze client information and documentation to facilitate account opening
• Understanding of rules, regulations and regulatory requirements (Bank Secrecy Act, US Patriot Act / OFAC)
• Organizational skills, detailed oriented, motivated, and ability to work independently
• Have strong written and verbal communication skills
• Work well under pressure and ability to handle deadlines
• Time management skills and ability to multitask
• PC proficient (MS Office) and extensive knowledge in online research
• Dedicated team player with a can-do attitude
• Troubleshoot and resolve issues in a timely manner
• Attention to detail with strong follow-up and good judgment
• AML Certification (ACAMS) or other AML / Compliance certification

About us
UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe.
We know that great work is never done alone. That's why we place collaboration at the heart of everything we do. Because together, we're more than ourselves. Want to find out more? Visit ubs.com/careers.

Your Career Comeback
We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.

Salary information
The indicative gross base salary range as a full-time equivalent role:
• United States - New York - New York min USD 120000 - max USD 145000 /annum

The expected salary for this role will be determined by relevant factors which may include but are not limited to, role-required experience, qualifications, education, location and skill level. UBS offers a range of competitive benefits and for further information, please visit ubs.com/employee-benefits. We may, at our sole discretion, provide additional variable compensation or awards.



Requisition #: 336203BR

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