UBS
Senior Compliance Officer
Do you know the Investment Advisers Act, the Investment Company Act, the Commodity Exchange Act and/or the Securities Exchange Act? Are you an expert when it comes to performing second‑line‑of‑defense activities? Do you ‘think on your feet’, balancing commercial objectives with legal, regulatory and ethical considerations? Do you advocate for the importance of operational risks?
We’re looking for an outstanding Compliance Officer to support UBS Asset Management’s Credit Investments Group (CIG), one of the five lines of business of UBS Asset Management. CIG manages over $50 billion in assets under management globally and invests in non‑investment grade credit strategies, including bank loans, high‑yield bonds, private credit, rated and equity tranches of collateral loan obligations (CLOs). CIG deploys its strategies across various vehicles including CLOs, separately managed accounts, private funds, mutual funds, and other commingled vehicles.
Responsibilities
Act as a C&ORC subject‑matter expert for the CIG business, providing independent advice, challenge and control to the business’ compliance risk‑taking.
Assist in the administration, maintenance and improvement of the compliance policies, procedures and processes of CIG, and connect them to those of UBS Asset Management and the wider UBS Americas organization.
Assess the impact of regulatory developments, support regulatory change management efforts, and provide regulatory updates to the business.
Evaluate trading, information barrier and specialist network requests.
Influence investment team members within CIG on key compliance risks and their mitigation.
Advise CIG on, and evaluate, projects, new initiatives, business objectives, policies, procedures, processes, risk events, controls, and/or compliance testing and monitoring.
Lead and assist with the development, maintenance, and delivery of compliance training.
Periodic reporting and regulatory filings (including Form ADV).
Perform the annual 206(4)-7 annual compliance review.
Contribute to the development, deployment, and enforcement of UBS AM’s Code of Ethics.
Salary Information
New York, Chicago: $176,000 – $229,000.
Raleigh, Nashville: $140,000 – $180,000.
Additional compensation may be eligible for discretionary incentive compensation.
Job Type Full Time
Job Reference Number 322485BR
Location Chicago, Nashville, New York, Raleigh
Your Team You’ll work in a friendly 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.
Your Expertise
Ideally 5 – 10+ years of experience in asset management compliance at a global financial services institution, asset manager, regulatory agency or major consulting firm covering credit funds or alternative investments.
Experience with bank loans, private credit, high‑yield bonds, and CLOs is strongly desired.
Expertise in securities regulation is a must (Investment Advisers Act, the Investment Company Act, the Commodity Exchange Act and/or the Securities Exchange Act), and a thorough understanding of the legal and regulatory expectations / requirements related to private funds, SMAs and registered investment companies. Bank‑affiliated asset management expertise is a plus.
Knowledge of front‑to‑back asset management operating models (operational procedures, investment process, applications used, etc.) is a plus.
Bachelor’s degree in a relevant area of study. A graduate degree (e.g., MBA or JD) is a plus.
Structured, rigorous, analytical, holistic and thorough in your approach, sound judgement and common sense, with ability to form defensible conclusions from risk assessments and to “stand your ground,” where necessary.
Excellent interpersonal skills, and 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 valuing diverse perspectives.
About UBS UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe.
We know that great work is never done alone. That’s why we place collaboration at the heart of everything we do. Because together, we’re more than ourselves. Visit ubss.com/careers.
Salary Information (US Only) The expected salary range for this role is $140,000 – $229,000 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see “Your role” section for detailed salary information.
Join Us At UBS, we know that it’s our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We’re dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. And we use artificial intelligence (AI) to work smarter and more efficiently. We also recognize that great work is never done alone.
We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.
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.
#J-18808-Ljbffr
We’re looking for an outstanding Compliance Officer to support UBS Asset Management’s Credit Investments Group (CIG), one of the five lines of business of UBS Asset Management. CIG manages over $50 billion in assets under management globally and invests in non‑investment grade credit strategies, including bank loans, high‑yield bonds, private credit, rated and equity tranches of collateral loan obligations (CLOs). CIG deploys its strategies across various vehicles including CLOs, separately managed accounts, private funds, mutual funds, and other commingled vehicles.
Responsibilities
Act as a C&ORC subject‑matter expert for the CIG business, providing independent advice, challenge and control to the business’ compliance risk‑taking.
Assist in the administration, maintenance and improvement of the compliance policies, procedures and processes of CIG, and connect them to those of UBS Asset Management and the wider UBS Americas organization.
Assess the impact of regulatory developments, support regulatory change management efforts, and provide regulatory updates to the business.
Evaluate trading, information barrier and specialist network requests.
Influence investment team members within CIG on key compliance risks and their mitigation.
Advise CIG on, and evaluate, projects, new initiatives, business objectives, policies, procedures, processes, risk events, controls, and/or compliance testing and monitoring.
Lead and assist with the development, maintenance, and delivery of compliance training.
Periodic reporting and regulatory filings (including Form ADV).
Perform the annual 206(4)-7 annual compliance review.
Contribute to the development, deployment, and enforcement of UBS AM’s Code of Ethics.
Salary Information
New York, Chicago: $176,000 – $229,000.
Raleigh, Nashville: $140,000 – $180,000.
Additional compensation may be eligible for discretionary incentive compensation.
Job Type Full Time
Job Reference Number 322485BR
Location Chicago, Nashville, New York, Raleigh
Your Team You’ll work in a friendly 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.
Your Expertise
Ideally 5 – 10+ years of experience in asset management compliance at a global financial services institution, asset manager, regulatory agency or major consulting firm covering credit funds or alternative investments.
Experience with bank loans, private credit, high‑yield bonds, and CLOs is strongly desired.
Expertise in securities regulation is a must (Investment Advisers Act, the Investment Company Act, the Commodity Exchange Act and/or the Securities Exchange Act), and a thorough understanding of the legal and regulatory expectations / requirements related to private funds, SMAs and registered investment companies. Bank‑affiliated asset management expertise is a plus.
Knowledge of front‑to‑back asset management operating models (operational procedures, investment process, applications used, etc.) is a plus.
Bachelor’s degree in a relevant area of study. A graduate degree (e.g., MBA or JD) is a plus.
Structured, rigorous, analytical, holistic and thorough in your approach, sound judgement and common sense, with ability to form defensible conclusions from risk assessments and to “stand your ground,” where necessary.
Excellent interpersonal skills, and 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 valuing diverse perspectives.
About UBS UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe.
We know that great work is never done alone. That’s why we place collaboration at the heart of everything we do. Because together, we’re more than ourselves. Visit ubss.com/careers.
Salary Information (US Only) The expected salary range for this role is $140,000 – $229,000 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see “Your role” section for detailed salary information.
Join Us At UBS, we know that it’s our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We’re dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. And we use artificial intelligence (AI) to work smarter and more efficiently. We also recognize that great work is never done alone.
We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.
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.
#J-18808-Ljbffr