United States - New Jersey

Operations

Global Wealth Management

Your role

Do you advocate for the importance of mitigating Operations risk? Do you have experience identifying the regulatory requirements applicable to Operations functions? Are you the type of person that ensures stakeholders have a complete understanding of regulatory obligations, and validate that procedures / processes are sufficient to accomplish compliance with those requirements? Do you know how to solve problems and can multi-task effectively?

We are looking for a Broker Dealer Operations Authorized Officer to provide Senior Operations Management and internal stakeholders with analysis and assessment results of the Regulatory process and control framework across all Operations’ functions. The Authorized Officer will be responsible for:

• Ensuring Global Wealth Management Operations is operating appropriately to accomplish compliance with US broker-dealer rules and regulations.
• Conducting periodic (monthly, quarterly, annual) assessments of processes within the US broker-dealer to ensure compliance with regulatory requirements.
• Coordinating regulatory / audit inquiries of Operations. Liaise with auditors and provide responses to requests.
• Assessing various processes to ensure regulatory compliance, including oversight of the 15c3-3 Reserve Formula deposit.
• Acting as lead regarding emerging regulatory items impacting Operations. Partner with Compliance to review emerging regulatory items, implement any required changes, assist in supervisory control framework development, and set future assessment schedules.
• Providing gap analysis, as required, to identify and close potential regulatory process supervisory control gaps.
• Communicating with, and educating Operations staff regarding regulatory obligations (direct and indirect) and responsibilities.
• Assisting in the review of the following regulatory processes; Customer Protection (SEC Rule 15c3-3), FOCUS reporting process, Medallion Stamps, Series 99 registrations, Quarterly Securities Counts.

Job Reference #

303930BR

City

Weehawken

Job Type

Full Time

Your team

You will be working in the Global Wealth Management Broker-Dealer Operations team, located in Weehawken, NJ. This team ensures Operations is in compliance with regulatory requirements. As an Authorized Officer, you will be responsible for coordinating audits, monitoring the Reserve Formula deposit, and reviewing Operations processes to assess compliance with rules. In addition, you will work with Compliance to stay current with regulatory changes and ensuring impacted Operations teams are notified and meet the new requirements.

Your expertise

•Understanding of rules governing a US Broker Dealer from an Operations perspective – 15c3-3 Possession or Control and Reserve Formula knowledge a plus
•Experience in an Operations environment and understands the complexities of cross-functional processes
•Strong Organizational skills – understanding of what it takes to run successful projects in financial services
•Strong Written and Verbal Communication Skills – knows how to interact with stakeholders at all levels
•Self-motivated – willing to take ownership of an issue and drive to closure
•Known for hitting deadlines and staying within budget
•Team player – works well in a team, experience building networks and connections, and working collaboratively across functions to manage regulatory risk.
•Strong Proficiency with Word, Excel, Access
•College Degree preferred with emphasis on Finance / Accounting
•Series 99 Required
•Audit / regulatory background a plus

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

We may request you to complete one or more assessments during the application process. Learn more

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 it's 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?

Contact Details

UBS Business Solutions SA
UBS Recruiting

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.