Luxembourg

Compliance

Group Functions

Job Reference #

309926BR

City

Luxembourg

Job Type

Full Time

Your role

UBS Asset Management (Europe) S.A. (UBS AME), part of the UBS Asset Management (AM) division, is a UCITS Management Company and AIFM domiciled in Luxembourg. The solutions provided cover a wide range of investment strategies (from plain vanilla to highly sophisticated structures) and fund legal forms for UBS and third party funds, including discretionary portfolio mandates.

Do you enjoy supporting business colleagues to ensure compliance? Are you confident when it comes to speaking up for what is right and challenging at all levels? In this role as a Senior Compliance Officer, you will be involved in the day-to-day compliance monitoring program of Multiconcept Fund Management S.A., one of our UBS Luxembourg Management Company for few months before joining the UBS Asset Management (Europe) S.A. team. In this role, you will be reporting to the Head of Compliance of MCFM and be responsible for:

• Supporting the maintenance, development and amendment when necessary of the operational procedures, processes, tools and databases to ensure effective compliance, including the ones related to AML/CTF obligations;
• Overseeing and ensure that the delegated functions are managing the outsourced activities in line our UBS policies;
• Performing control and maintenance of compliance related documents;
• Coordinate collection of information and perform reviews on controls defined within the Compliance Monitoring Plan;
• Communicating with teams to resolve issues related to the compliance;
• Assisting to reporting Control Duties of the Compliance Officer;
• Managing review policies and procedures to ensure compliance with applicable laws & regulations;
• Assisting with compliance trainings and activities, e.g. conflict of interest reporting, records management;
• Providing regular compliance communication to employees;
• Assisting with answering compliance questions raised by employees or external parties, e.g. auditors
• Supporting the reporting to and communication with the Board of Directors of Management Company and Funds;
• Managing all compliance aspects for MCFM’s business to comply with relevant legal and regulatory requirements as well as with Group directives and standards

Your team

You’ll be working in the business line aligned Compliance and Operational Risk Control (C&ORC) team in Luxembourg. We support the business by partnering with them to effectively manage regulatory risk in an environment of collaboration and constructive challenge. Our duties include implementing the Compliance and Operational Risk Framework and to ensure regulatory compliance and operational risks are identified, properly assessed and recorded. You'll play an important role in helping us develop risk mitigating measures, controls and adequate remediation plans are in place. You'll also collaborate with global colleagues to ensure that best practices are being shared around the region/globe.

Your expertise

You are highly committed and possess the following skills:

• University Degree in Economics, Finance, Law or a similar subject
• Relevant compliance experience of minimum 8-10 years in the investment fund industry;
• Experience in Management Company/AIFM or Audit/Advisory Firm is an advantage;
• Good knowledge of the Luxemburgish investment fund regulatory framework, including UCITS, AIFM and MIFID II regulations;
• Good knowledge of the investment fund industry and related actors (fund administration, transfer agent, portfolio manager, distributor, custodian bank…);
• Good knowledge of Luxembourg AML/KYC regulatory framework;
• You possess excellent communication, team-building and organizational skills, and you are flexible for both daily business requirements and with respect to more complex tasks and projects;
• You are fluent in both written and spoken English.

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.

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.

When applying for this role, please note that additional background checks may be carried out and an original of your criminal record may be requested.