Senior Compliance Officer - Credit

UBS; Vaughan; On-site; CAD 196,000 - 322,000; Full time

Job summary

A global wealth management firm is seeking an experienced Compliance Officer to support its Asset Management's Credit Investments Group. This role involves managing compliance risks, regulatory updates, and training delivery, requiring significant experience in asset management compliance and regulatory frameworks. The ideal candidate will have a strong educational background and excellent interpersonal skills.

Qualifications

• 5 - 10+ years of experience in asset management compliance.
• Experience with bank loans, private credit, and CLOs.
• Knowledge of asset management operating models is a plus.

Responsibilities

• Act as a C ORC subject-matter expert for the CIG business.
• Assist in the administration and improvement of compliance policies.
• Evaluate trading and information barrier requests.

Skills

Asset management compliance experience

Expertise in securities regulation

Excellent interpersonal skills

Ability to articulate views

Structured and analytical approach

Education

Bachelor's degree in a relevant area

Graduate degree (e.g., MBA or JD)

Job description

Job Reference # 322485BR

City Chicago, Nashville, New York, Raleigh

Job Type Full Time

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.

We’re looking for an Asset Management compliance and operational risk control (C ORC) officer to:

• 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

Detailed salary information

• New York, Chicago: the salary range for this role is $176000 to $229000
• Raleigh, Nashville: the salary range for this role is $140000 to $180000

For benefits information, visit ubs.com/usbenefits.

Your Career Comeback

We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.

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 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.

Salary information

US Only: The expected salary range for this role is $140000 to $229000 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. We also recognize that great work is never done alone. That’s why collaboration is at the heart of everything we do. Because together, we’re more than ourselves.

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.