KYC Analyst

Job Reference #
283918BR
Job Type
Full Time
Your role
Are you a strong communicator with a KYC/ AML/ Compliance or Legal background? Do you have an interest in ensuring the firm and its employees conduct business in accordance with federal and state laws and rules and regulations, including the rules and regulations of the Securities and Exchange Commission, The Federal Reserve Bank, the Commodity Futures Trading Commission, FINRA, and other governmental agencies, self-regulatory organizations and internal policies and industry best practices?
This role requires working with the Business AML Office (BAMLO) team. We focus on driving strategy, implementation, and oversight for the AML program within the Wealth Management USA business. We work in collaboration with key functional areas and WM field leadership to help our Financial Advisors serve their clients in accordance with regulatory requirements.

• Perform Initial review of client files /request received from Financial Advisor teams on new
  

account openings and name and adverse media screening, Source of Wealth Corroboration,
client profile review, document review based on account type, jurisidiction, etc.

• Perform PKR of exisiting WM USA clients, Transactional review (for High and
  

Higher Risk Clients) and Screening of all counterparties as per AML US policy requirement.

• Perform qualitative reviews of client files to test execution quality of various
  

Wealth Management processes including new account openings and name and
adverse media screening.

• Conduct first-line-of-defense (1LoD) testing of key Customer Due Diligence (CDD)
  
  

controls to assess adherence with AML (anti-money laundering) policy and
procedural requirements.

• Ensure client vetting data and document processing comply with regulations,
  

Branch guidelines, standards and UBS policies for all new accounts

• Contribute to ad-hoc AML-related projects as needed.
• Completion of Final Due Diligence Checklist and negative news searches
• Execute account maintenance updates
• Process client lifecycle related reports
  

Your team
Middle Office Team in Wealth Management Americas (WMA)
Your expertise

• 4 year college degree or international equivalent required; Advanced degree a plus
• 2 or more years of AML/Compliance, Regulatory Knowledge, Risk Management and/or Legal Background is preferred
• consulting background in AML is a plus
• excellent written and verbal communication skills

Looking to get Placed? Try our Placement Guarantee Plan

Get Hired
• ability to interact and work closely with business stakeholders at all levels of seniority
• strong understanding of AML/ OFAC regulations
• strong analytical thinking and reasoning skills
• strong understanding of commercial banking and broker dealer products and services
• possess strong analytical thinking and critical reasoning skills
• ability to work effectively in a team environment
• ability to effectively handle a fast paced environment and successfully meet established deadline requirements
• self-motivated with the ability to work independently
  

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.
How We Hire
This role requires an assessment on application. Learn more about how we hire: www.ubs.com/global/en/careers/experienced-professionals.html
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 its 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.