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Business and Fraud Risk Specialist
Business and Fraud Risk Specialist-February 2024
Hoboken
Feb 5, 2025
ABOUT UBS
At UBS we’re reimagining the power of people and capital to create a better world for all of us. We are the largest truly global wealth manager.
10,000+ employees
Financial Services, Fintech
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About Business and Fraud Risk Specialist

  Your role

  Support the US Wealth Management (US WM) businesses in executing the front to back risk framework with a focus on the Fraud framework. We are looking for a team member to support the broader Business Risk Management team.

  We're looking for a Business and Fraud Risk Specialist to:

  • assist with the design and implementation of the fraud framework for US WM (people, processes, controls, supporting systems) to ensure a consistent implementation in line with the applicable local market standards and in alignment with the divisional minimum standards,

  • perform read-across reviews in response to potential fraud related issues identified in UBS or a peer firm

  • Support regulatory, audit inquiries and other significant remediation efforts,

  • assist cross-area/functional F2B deep dives of MLSIs/NFRIs, KPCs and testing results, internal and external events, and impact of laws, rules, and regulations

  • work effectively with individuals with diverse backgrounds and positions

  • influence and establish relationships with key stakeholders

  • understand risk management framework and regulatory requirements & developments

  • be adaptable and capable of prioritizing based on business demands

  • be proactive and self-driven while demonstrating a strong work ethic with attention to detail and high-quality standards

  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?

  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.

  Your team

  You'll be working in the Business Risk Office for Wealth Management Americas reporting to the Location Risk Officer for WM US.

  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 customers.

  At UBS, we appreciate our Veterans and are committed to providing opportunities in Financial Services

  Your expertise

  • bachelor's degree in a relevant area of study required, advanced degree (MBA, JD) preferred

  • 10-15 years of work experience, with a minimum of 5+ years in a fraud risk management role within a Financial Service firm

  • experience providing business risk & fraud oversight across businesses in compliance with regulations and internal procedures

  • demonstrated knowledge and experience with:

  o authentication, technology, & emerging digital capabilities

  o banking and payments business, systems, and processes

  o payments, fraud risk management, and fraud life cycle management, including emerging industry risk and trends

  o risk frameworks & control assessments

  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.

  How we hire

  This role requires an assessment on application. Learn more about how we hire: www.ubs.com/global/en/careers/experienced-professionals.html

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