Business Analyst

UBS; New York (NY); On-site; USD 200,000 - 250,000; Full time

Job summary

UBS is seeking a Business Analyst for the Tax Managed Overlay Team within Managed Account Solutions (MAST) in New York. The role focuses on leading the development and governance of tax-optimized overlay solutions, driving innovation and platform evolution in collaboration with Portfolio Management, Product, Technology, and business stakeholders.

Ideal candidates have extensive experience in financial services, SMA/tax optimization, and Agile practices, with a proven record of delivering process

Qualifications

• Bachelor’s/master’s degree or equivalent in banking and finance or a related field.
• Curiosity for applying AI to improve workflows with sound judgment and risk awareness.

Responsibilities

• Lead strategic development, governance, and enhancement of tax-optimized managed account solutions.
• Identify growth opportunities and deliver new capabilities for UMA and overlays.
• Partner with Portfolio Management, Product, Technology, and stakeholders to scope requirements.
• Develop project roadmaps, business cases, and implementation plans; present updates to senior leadership.
• Coordinate cross-functional delivery across Investments, Product, Technology, Operations, Compliance and Distribution.

Skills

Strategic thinking

Stakeholder management

Communication skills

Analytical skills

Agile/Scrum

Problem solving

Team collaboration

Self-motivated

Education

Bachelor's/Master's in Banking & Finance

Tools

Wealth Management Systems

Job description

Key Responsibilities

Are you a strategic thinker with a passion for driving change through insightful business analysis? Do you excel at evaluating processes, products, and services to identify opportunities for improvement and innovation?

Job Type

Full Time

Job Reference #

342778BR

City

New York

Key Responsibilities

Are you a strategic thinker with a passion for driving change through insightful business analysis? Do you excel at evaluating processes, products, and services to identify opportunities for improvement and innovation?

We’re looking for a Business Analyst within the Tax Managed Overlay Team, part of the Managed Account Solutions Team (MAST) to lead the strategic development, governance, and enhancement of tax-optimized managed account solutions, driving innovation, operational scalability, and platform evolution through close partnership with Portfolio Management, Product, Technology, and key business stakeholders. Responsible for identifying growth opportunities, delivering new capabilities, and advancing the firm's managed account strategy, including overlay management and the transition toward UMA solutions.

Your duties will include:

• championing transformational change and continuous improvement by identifying opportunities to enhance client experience, operational effectiveness, and platform scalability. Drive innovation initiatives by partnering with Portfolio Managers, Product Management, Technology, and key stakeholders to identify, assess, and scope requirements. Monitor industry trends, competitor offerings, and emerging developments.
• collaborating with Portfolio Managers and cross-functional teams to streamline processes, enhancing operating models, improving scalability, and increasing organizational efficiency. Evaluating alternative approaches, and recommend improvements to investment outcomes. Coaching on tools and methods for improving efficiency and effectiveness. Seeking opportunities to expand this process across the broader SMA business.
• leading the development and implementation of overlay management capabilities across third-party strategies, supporting the strategic evolution toward Unified Managed Accounts (UMA) and broader managed account platform objectives.
• overseeing the governance and oversight of tax-optimized investment models, ensuring adherence to internal model governance standards, risk controls, and regulatory requirements. Assessing alternative risk models for improvements in efficiency, cost and client outcomes.
• developing and maintaining project roadmaps, business cases, and implementation plans to support strategic initiatives and product enhancements. Establishing clear project governance, track milestones, manage dependencies, and proactively mitigate delivery risks and issues. Preparing and presenting progress updates, recommendations, and business outcomes to senior leadership.
• coordinating cross-functional delivery efforts across Investments, Product, Technology, Operations, Compliance, and Distribution teams to ensure successful execution of key initiatives.

The team

You’ll be working in the Managed Account Solutions Team (MAST) with a focus on Tax Managed strategies and custom overlays. The team has been managing Separately Managed Accounts (SMAs) for over 25 years, delivering a wide array of UBS AM strategies (stand-alone, multi-asset, active, passive) as well as the addition of value-added overlays such as Personalized Tax Management. You'll play an important role in improving investment outcomes for clients by driving efficiency, creating scale, and introducing new services and products.

Your Skills And Experience

• ideally 10+ years line or project management experience within financial services
• in-depth knowledge of tax managed SMA’s, optimization techniques/vendors and risk models
• good understanding of operational and investment processes including SMAs and/or Wealth Management systems
• demonstrated process optimization experience (Lean or Six Sigma knowledge and skills are a plus)
• project management experience using Agile/Scrum methodologies
• track record of contributing to and leading change initiatives
• excellent written and verbal communication skills, with the ability to adapt messaging to diverse audiences
• naturally inquisitive, able to challenge effectively and manage conflicting stakeholder needs
• strong analytical, communication and facilitation (workshops) skills
• able to collaborate at all levels within the organization
• great communicator, comfortable interacting with colleagues at all levels
• solid organizational skills, known for hitting deadlines
• self-motivated and proactive, with the ability to work independently and take initiative
• Bachelor’s/master’s degree or equivalent in banking and finance or a related field
• you’re curious to explore how AI can improve how we build, deliver, and optimize workflows. You do this with sound judgment – validating outputs and aligning with policies, risk standards, and ethical use

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.

We know that great work is never done alone. That’s why we place collaboration at the heart of everything we do. Because together, we’re more than ourselves. Want to find out more? Visit ubs.com/careers.

Salary information

• United States - New York - New York min USD 200000 - max USD 250000 /annum

The expected salary for this role will be determined by relevant factors which may include but are not limited to, role-required experience, qualifications, education, location and skill level. UBS offers a range of competitive benefits and for further information, please visit ubs.com/employee-benefits. We may, at our sole discretion, provide additional variable compensation or awards.

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 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.