UBS
2 days ago Be among the first 25 applicants
Your role 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
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
leading and assisting with the development, maintenance, and delivery of compliance training
periodic reporting and regulatory filings (including Form ADV)
performing the annual 206(4)-7 annual compliance review
contributing to the development, deployment, and enforcement of UBS AM’s Code of Ethics
Salary information
New York, Chicago: the salary range for this role is $176,000 to $229,000
Raleigh, Nashville: the salary range for this role is $140,000 to $180,000
Job Type : Full Time
Job Reference # : 322485BR
City : 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 experience 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), as well as a thorough understanding of the legal and regulatory expectations / requirements related to private funds, SMA’s 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, 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.
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.
About Us 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.
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. That’s why collaboration is the heart of everything we do.
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
Your role 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
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
leading and assisting with the development, maintenance, and delivery of compliance training
periodic reporting and regulatory filings (including Form ADV)
performing the annual 206(4)-7 annual compliance review
contributing to the development, deployment, and enforcement of UBS AM’s Code of Ethics
Salary information
New York, Chicago: the salary range for this role is $176,000 to $229,000
Raleigh, Nashville: the salary range for this role is $140,000 to $180,000
Job Type : Full Time
Job Reference # : 322485BR
City : 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 experience 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), as well as a thorough understanding of the legal and regulatory expectations / requirements related to private funds, SMA’s 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, 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.
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.
About Us 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.
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. That’s why collaboration is the heart of everything we do.
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