Senior AML Officer - Wealth Management Americas

About the role

We are looking for someone who can:

• serve as an AML Officer for Financial Services (FS), Wealth Management USA International division of UBS, helping to lead and coordinate the delivery of a comprehensive AML program
• apply knowledge of AML regulations to ensure compliance with Bank Secrecy Act
• serve as the point of contact for the AML Investigations team for the broker dealer to review SAR filings, oversee customer exits, perform customer reviews on brokerage accounts/relationships by prioritizing, identifying, researching, analyzing and providing reports and recommendations related to negative information, activity and trends
• review escalated customers, including large complex relationships and sensitive clients
• document all pertinent facts and information, summarizing actions, findings and recommendations for next steps for Chief AML Officer review and recommendation
• recommend clear and concise referrals to the Financial Intelligence Unit for further investigations and potential SAR filing
• assist with the preparation and delivery of ad-hoc BSA/AML and OFAC compliance training based upon changes in regulatory requirements and/or emerging typologies
• complete UBS's annual BSA/AML/OFAC training

Responsibilities

• serve as an AML Officer for Financial Services (FS), Wealth Management USA International division of UBS, helping to lead and coordinate the delivery of a comprehensive AML program
• apply knowledge of AML regulations to ensure compliance with Bank Secrecy Act
• serve as the point of contact for the AML Investigations team for the broker dealer to review SAR filings, oversee customer exits, perform customer reviews on brokerage accounts/relationships by prioritizing, identifying, researching, analyzing and providing reports and recommendations related to negative information, activity and trends
• review escalated customers, including large complex relationships and sensitive clients
• document all pertinent facts and information, summarizing actions, findings and recommendations for next steps for Chief AML Officer review and recommendation
• recommend clear and concise referrals to the Financial Intelligence Unit for further investigations and potential SAR filing
• assist with the preparation and delivery of ad-hoc BSA/AML and OFAC compliance training based upon changes in regulatory requirements and/or emerging typologies
• complete UBS's annual BSA/AML/OFAC training

Requirements

• 4-year college degree or international equivalent
• 8+ years of prior AML compliance or related regulatory experience with a significant amount of that time related to broker dealers (preferred) or equivalent experience at a law firm, regulatory agency, financial institution, major consulting firm or in law enforcement
• previous experience conducting open source research, reviewing activity in brokerage accounts, including analyzing complex transactions to detect patterns, trends and anomalies
• understanding of applicable BSA/AML regulations and their application at a broker dealer/financial institution
• understanding of key wealth management international markets and related financial crime risks is strongly preferred; allied proficiency in a foreign language a plus (ideally Spanish and/or Mandarin)
• experience handling sensitive information with a high degree of discretion
• able to communicate professionally with, and present to, all levels of management and regulators, market executives and financial advisors
• team-oriented with strong interpersonal skills, able to calmly manage conflict and pressure in a demanding, high-volume environment

Qualifications

• ideal expertise in AML compliance or related regulatory experience with a significant amount of that time related to broker dealers (preferred) or equivalent experience at a law firm, regulatory agency, financial institution, major consulting firm or in law enforcement
• ideally 4-year college degree or international equivalent

Skills

• ability to handle sensitive information with a high degree of discretion
• ability to communicate professionally with, and present to, all levels of management and regulators, market executives and financial advisors
• team-oriented with strong interpersonal skills, able to calmly manage conflict and pressure in a demanding, high-volume environment

Benefits

The indicative gross base salary range as a full-time equivalent role:

• United States - New Jersey - Weehawken: min USD 152000 - max USD 198000
• United States - New York - New York: min USD 152000 - max USD 198000 /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.

Pay

The indicative gross base salary range as a full-time equivalent role:

• United States - New Jersey - Weehawken: min USD 152000 - max USD 198000
• United States - New York - New York: min USD 152000 - max USD 198000 /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.

Schedule

Full-Time