Compliance and Operational Risk Control Officer

Posted Date 22 Apr 2024

Experience	5 Years	Salary	125000USD - 205000USD
Job Type	Full Time	Company	Credit Suisse
Job Category	Finance	Qualification	BS Finance
Gender	Both	Last Date	21 Jul
Vacancies	1	Remote	No
Location(s)	New York , United States

Job Description

Credit⠀Suisse⠀Group AG⠀has been⠀acquired⠀by UBS⠀Group AG.⠀Credit⠀Suisse⠀continues⠀its⠀business⠀activities⠀as a⠀subsidiary⠀company of⠀UBS Group⠀AG,⠀including⠀selective⠀hiring for⠀experienced⠀professionals.

UBS⠀is the⠀world’s⠀largest⠀and 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.

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?

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⠀field of⠀responsibility

We’re⠀looking⠀for an⠀outstanding⠀Compliance⠀Officer to⠀support⠀UBS Asset⠀Management’s⠀Credit⠀Investments⠀Group⠀(CIG),⠀one./s of⠀business⠀of UBS⠀Asset⠀Management.⠀CIG has⠀about $60⠀billion in⠀assets⠀under⠀management⠀and⠀invests in⠀non-investment⠀grade⠀credit⠀strategies,⠀including⠀Senior⠀Secured⠀Bank⠀Loans,⠀High Yield⠀Bonds and⠀Loans,⠀rated and⠀equity⠀tranches⠀of CLOs⠀and⠀Private⠀Credit⠀lending⠀transactions.⠀CIG⠀deploys it⠀strategies⠀via⠀various⠀vehicles⠀including⠀CLOs,⠀separately⠀managed⠀accounts,⠀mutual⠀funds, and⠀other⠀commingled⠀vehicles.

Your⠀future⠀colleagues

You’ll⠀work in a⠀friendly,⠀dynamic,⠀and⠀integrated⠀team of⠀professionals,⠀which is⠀responsible⠀for⠀managing⠀the⠀compliance⠀and⠀operational⠀risks of⠀UBS’s⠀Asset⠀Management⠀business.⠀Our duties⠀include⠀implementing⠀the⠀Compliance⠀and⠀Operational⠀Risk⠀Framework⠀of UBS'⠀Asset⠀Management⠀Division⠀and UBS⠀Americas'⠀Combined⠀US⠀Operations,⠀and⠀ensuring⠀compliance⠀and⠀operational⠀risks are⠀identified,⠀assessed,⠀and⠀managed⠀properly

Credit⠀Suisse’s⠀Experienced⠀and Campus⠀Recruitment⠀team are⠀recruitment⠀specialists⠀and Credit⠀Suisse⠀brand⠀ambassadors,⠀who⠀strategically⠀partner⠀with the⠀business⠀to solve⠀recruitment⠀challenges,⠀provide⠀direction⠀as a⠀control⠀function⠀and make⠀valuable⠀contributions⠀to hiring⠀processes.⠀This⠀support is⠀end to end⠀from⠀planning⠀through⠀execution⠀and across⠀levels⠀from entry⠀level to⠀executive⠀hiring. We⠀connect⠀Credit⠀Suisse⠀with⠀passionate⠀and⠀talented⠀people,⠀who⠀deliver⠀results⠀and embody⠀our⠀culture.⠀We are a⠀department⠀which⠀values⠀Diversity⠀and⠀Inclusion⠀(D&I) and⠀is⠀committed⠀to⠀realizing⠀the⠀firm’s⠀D&I⠀ambition⠀which is⠀an⠀integral⠀part of⠀our global⠀cultural⠀values

Your skills and experience

Providing⠀independent⠀advice,⠀challenge⠀and⠀control to⠀the⠀business’⠀compliance⠀risk-taking.
Assisting⠀in the⠀administration,⠀maintenance⠀and⠀improvement⠀of the⠀compliance⠀policies,⠀procedures⠀and⠀processes⠀of CIG,⠀and⠀connecting⠀them to⠀those of⠀UBS Asset⠀Management⠀and the⠀wider UBS⠀Americas⠀organization.
Assessing⠀the impact⠀of⠀regulatory⠀developments,⠀supporting⠀regulatory⠀change⠀management⠀efforts,⠀and⠀providing⠀regulatory⠀updates to⠀the⠀business.
Evaluating⠀trading,⠀information⠀barrier⠀and⠀specialist⠀network⠀requests.
Influencing⠀investment⠀team⠀members⠀within CIG⠀on key⠀compliance⠀risks and⠀their⠀mitigation.
Advising⠀CIG on,⠀and⠀evaluating,⠀projects,⠀new⠀initiatives,⠀business⠀objectives,⠀policies,⠀procedures,⠀processes,⠀risk⠀events,⠀controls,⠀and/or⠀compliance⠀testing⠀and⠀monitoring.
Periodic⠀reporting⠀and⠀regulatory⠀filings⠀(including⠀Form⠀ADV).
Ongoing⠀reviews of⠀marketing⠀material⠀and⠀diligence⠀related⠀questionnaires.
Contributing⠀to the⠀development,⠀deployment,⠀and⠀enforcement⠀of UBS⠀AM’s⠀Code of⠀Ethics⠀program.
5⠀– 10+⠀years of⠀prior⠀asset⠀management⠀compliance⠀experience⠀at a⠀global⠀financial⠀institution,⠀asset⠀manager,⠀regulatory⠀agency or⠀major⠀consulting⠀firm⠀covering⠀credit⠀funds or⠀alternative⠀investments.
Experience⠀with⠀senior⠀secured⠀loans,⠀private⠀credit,⠀high-yield⠀bonds, and⠀CLOs is⠀strongly⠀desired.
Expertise⠀in⠀securities⠀regulation⠀is a must,⠀as well as⠀a thorough⠀understanding⠀of the⠀legal and⠀regulatory⠀expectations⠀/⠀requirements⠀related to⠀private⠀funds,⠀SMA’s⠀and⠀registered⠀investment⠀companies.⠀Bank⠀regulatory⠀expertise⠀is a⠀plus.
Knowledge⠀of front⠀to back⠀asset⠀management⠀operating⠀models⠀(operational⠀procedures,⠀investment⠀process,⠀applications⠀used,⠀etc.) is a⠀plus.
Structured,⠀rigorous,⠀analytical,⠀holistic⠀and⠀thorough⠀in your⠀approach,⠀of sound⠀judgment⠀and common⠀sense,⠀with the⠀ability to⠀form⠀defensible⠀conclusions⠀from risk⠀assessments⠀and the⠀ability to⠀"stand⠀your⠀ground",⠀where⠀necessary.
A⠀Bachelor’s⠀degree in⠀a relevant⠀area of⠀study. A⠀graduate⠀degree⠀(e.g., MBA⠀or JD) is⠀a⠀plus.
Excellent⠀interpersonal⠀skills,⠀and⠀crucially,⠀a⠀collegial,⠀friendly⠀team⠀player.
Ability⠀to⠀articulate⠀views,⠀assessments⠀and⠀approaches⠀both⠀verbally⠀and in⠀writing⠀precisely,⠀concisely⠀and⠀persuasively.
Ability⠀to present⠀to and⠀respond⠀effectively⠀to senior⠀internal⠀and⠀external⠀stakeholders,⠀including⠀regulators.
Capacity⠀to calmly⠀manage⠀conflicting⠀priorities⠀and⠀pressure⠀in a⠀demanding,⠀high-paced⠀and⠀high-volume⠀environment.
Dedication⠀to⠀fostering⠀an⠀inclusive⠀culture⠀and value⠀diverse⠀perspectives

The salary range for this position is $125,000.00 to $205,000.00 annually, based on various factors such as experience, education, skills, internal and external market data, etc.