Head of Swap Dealer, Volcker & IB Bank Regulatory Governance

United States - Connecticut, United States - New Jersey, United States - New York Compliance Group Functions Job Reference # 288160BR City New York, Stamford, Weehawken Job Type Full Time Your role Are you an expert in CFTC Swap Dealer and SEC Security-Based Swap Dealer rules? Are you interested in leading a global team that oversees regulatory requirements and control frameworks? Do you have experience providing advisory guidance for complex regulations, conducting risk assessments, testing and regulatory implementation? We're looking for someone like that to: • lead the Swap Dealer, Volcker and IB Bank Branch Regulatory Governance team within IB Compliance and Operational Risk Control (IB C&ORC) • provide advisory guidance and support to firm-wide stakeholders on queries regarding rule interpretation, product classification, and client eligibility, etc.
• provide the business with controls, tools, training, frameworks, information and insights required to manage risk • ensure risk frameworks are well-designed and operating effectively • plan, coordinate and execute annual testing for the CFTC Swap Dealer, Security-Based Swap Dealer, Volcker, and IB Bank Branch • draft and issue impactful reports setting out findings, conclusions, ratings and remedial actions • manage the reporting of regulatory trends, non-financial risk issues, and testing results, to Swap Dealer and Volcker governance forums • draft and implement the execution of the annual rules-based Compliance Risk Assessments • perform second line of defense monitoring of processes that impact compliance with Swap Dealer, Volcker and Banking regulations • draft IB C&ORC responses for Swap Dealer and Volcker regulatory examinations and internal audits, including driving associated remediation with relevant stakeholders • act as secretary of the Dodd-Frank Oversight Committee • draft the CFTC Swap Dealer, Security-Based Swap Dealer, and Volcker Annual Compliance reports Your team The Swap Dealer Regulatory Governance team, within Investment Bank Compliance & Operational Risk Controls (IB C&ORC) is a US-based team is responsible for conducting thematic reviews against the global UBS Swap Dealer compliance framework to ensure that adequate controls are established and that regulatory risks are effectively managed.
You’ll be managing a team of 20 professionals within the Swap Dealer, Volcker, and IB Bank Branch teams within IB C&ORC.
Your expertise • experience in Swap Dealer, Security-Based Swap Dealer, and Volcker Compliance • 10+ years of experience in the financial services industry • university degree in finance, economics, business administration or numerical discipline • J.
D.
, M.
B.
A.
or other relevant advanced degree a plus • experience managing large teams across product areas 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.
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We have a presence in all major financial centers in more than 50 countries.
Salary information CA, CO, WA and NY based roles: The salary range for this role is $200,000 to $275,000 based on experience, education, and skill level.
This role may be eligible for discretionary incentive compensation.
For benefits information: ubs.
com/usbenefits.
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 Recruiting United States, 600 Washington Blvd.
, Stamford, CT 06901 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.