IB Compliance Programs, Swaps Dealer Regulatory Governance

Your role

Are you an expert in CFTC Swap Dealer and SEC Security-Based Swap Dealer rules? Are you interested in joining a global team that overseas regulatory requirements and controls frameworks? Do you have experience with providing guidance, conducting risk assessments, and regulatory implementations?

We're looking for someone like that to:

• plan, coordinate, and deliver the team's annual Swap Dealer and security-based swap dealer review plan
• lead complex rules-based Swap Dealer reviews by analyzing and providing credible challenge on key processes, procedures and controls
• identify compliance risks and partner with stakeholders across the firm to take remedial actions
• report results, trends, issues and themes to Swap Dealer governance and risk committees
• lead the development and enhancement of controls and testing methodologies
• execute the annual rules-based Compliance Risk Assessments
• provide advisory and support to firm-wide stakeholders on queries regarding rule interpretation, product classification, or client eligibility, etc.
• perform second line of defense monitoring of certain processes that impact compliance with the rules
• provide support on regulatory examinations and internal audits, including driving associated remediations with relevant stakeholders
• lead a team of staff in performing second line of defense functions, such as advisory and challenge, and train/mentor a team to become subject matter experts in swaps compliance

Detailed salary information:
• New York, Chicago: the salary range for this role is $207500 to $282500
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.

Your team

You'll be working in the Swap Dealer Regulatory Governance team, within Investment Bank Compliance & Operational Risk Controls (IB C&ORC)
Diversity helps us grow, together. That's why we are committed to fostering and advancing diversity, equity, and inclusion.
It strengthens our business and brings value to our clients.

Your expertise

• ideally, degree in finance, economics, business administration or numerical discipline, M.B.A. or other relevant advanced degree a plus
• 10+ years of experience in the financial services industry, in-house audit at a financial institution or examination experience at a financial industry regulator a plus
• knowledge of swaps and security-based swaps products and markets
• knowledge of U.S. SEC SBSD or CFTC Swap Dealer laws and regulations
• detail-oriented, accurate and able to drive tasks to closure

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.

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?