Know Your Client (KYC) Manager
UBS
Toronto, ON
Your role

Do you have experience in providing compliance or risk advisory services to a Wealth Management business? Do you enjoy advising and supporting front office colleagues to ensure compliance? Are you confident when it comes to speaking up for what is right and challenging at all levels? Are you a KYC expert?

We are looking for a Wealth Management KYC Manager to:
  • support the Business Supervisory Management function and 1st Line of Defense with the execution of Know Your Customer principles and processes for Wealth Management Canada, which is comprised of UBS Bank (Canada), a schedule II bank, and its subsidiary, UBS Investment Management Canada Inc., a registered portfolio manager and exempt market dealer.
This is a specialist area that requires extensive subject matter expertise on the Canadian AML/CTF regulatory environment, and the ability to work effectively with internal partners at various seniority levels.

As a KYC Manager, you will be responsible for ensuring that the Bank and its subsidiary are meeting regulatory requirements by complying with UBS policies and procedures, applicable laws, regulations and best practices.

Key Responsibilities & Deliverables
  • Be the subject matter expert for the 1st Line of the Defense (i.e. the Business and its supervisory management) on all related KYC matters; i.e. on standards of Source of Wealth corroboration.
  • You are the liaison and central point of contact for the Chief Anti-Money Laundering Officer and its team for AML/CTF/KYC queries, related assessments, recommendation and approvals.
  • Manage and oversee the KYC review pipeline within the 1st Line of Defense and coordinate completion in quality and time as well as oversee account updates related to KYC.
  • Own and manage 1st Line of Defense KYC related procedures, processes and forms and update, as required.
  • Assist the Business operationally with all KYC related queries and increase the level of KYC accountability/quality.
  • Continuously map out and analyze existing KYC process elements and align them to Global and regional standards, where required.
  • Streamline client outreach procedures and enhance client experience levels.
  • Provide regular AML/CTF and KYC training, aligned with the CAMLO and his team, across the Business to ensure increased levels of awareness.
  • Support Business with other projects as required
Your team

You’ll be working in our Wealth Management Toronto office as a key member of the Business Supervisory Management team (business/1st line compliance).

We support the Canadian Wealth Management business by partnering with them to effectively manage regulatory risk in an environment of collaboration and constructive challenge. 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 have:
  • Bachelor's degree or higher.
  • Minimum of 4-6 years of experience in an AML/CTF, Compliance, Risk Management or a related Operations role within the financial services industry. International Wealth Manager experience would be an asset.
  • Experience in KYC requirements and related industry standards and processes is required.
  • Strong knowledge of Canadian AML, CTF and Sanction rules would be an asset.
  • Completion of the CAMS certification would be an asset.
  • Excellent oral and written and communication skills.
  • Strong organizational and prioritization skills.
  • Demonstrated problem analysis, sound judgment, decision making and risk management skills.
  • Focus on quality and continuous improvement.
  • Track record of teamwork, pro-active coordination and collaboration with multiple stakeholders.
  • Project management skills and a respective qualification would be an asset.
  • French, Mandarin or Cantonese language skills would be an asset.
Your colleagues
About us

Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions. That's what we do. And we do it for private and institutional clients as well as corporations around the world.

We are about 60,000 employees in all major financial centers, in more than 50 countries. Do you want to be one of us?

Requirements

You have:
  • Bachelor's degree or higher.
  • Minimum of 4-6 years of experience in an AML/CTF, Compliance, Risk Management or a related Operations role within the financial services industry. International Wealth Manager experience would be an asset.
  • Experience in KYC requirements and related industry standards and processes is required.
  • Strong knowledge of Canadian AML, CTF and Sanction rules would be an asset.
  • Completion of the CAMS certification would be an asset.
  • Excellent oral and written and communication skills.
  • Strong organizational and prioritization skills.
  • Demonstrated problem analysis, sound judgment, decision making and risk management skills.
  • Focus on quality and continuous improvement.
  • Track record of teamwork, pro-active coordination and collaboration with multiple stakeholders.
  • Project management skills and a respective qualification would be an asset.
  • French, Mandarin or Cantonese language skills would be an asset.
Join us

We're a truly global, collaborative and friendly group of people. Having a diverse, inclusive and respectful workplace is important to us. And we support your career development, internal mobility and work-life balance. If this sounds interesting, apply now.

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.