United States - New York

Risk

Group Functions

Your role

UBS Business Solutions US LLC is seeking a Director, Credit Risk Officer in New York, NY

Are you an innovative thinker? Are you focused on the details, even when under pressure? Do you enjoy delivering enhanced change capabilities across a range of business functions?

We’re looking for a Director, Credit Risk Officer to:
• Conduct credit assessments, monitoring, control and transaction decision approval of UBS' counterparties which primary encompasses Hedge funds, family offices and private equity funds. Leading trading documentation negotiation including ISDA/CSA, Prime Brokerage and Repo Agreements.
• Evaluating counterparty credit risk based on an understanding of the hedge fund and family office risk management techniques, trading strategies, and infrastructure, as well as several other quantitative and qualitative measures of credit worthiness.
• Holding delegated personal authority (within established risk-based limits) to approve new positions or to make recommendations to higher authority levels within Credit. Interact with the business units in relation to transactions to ensure the risk fit UBS's ultimate appetite in the sector.
• Evaluate transactional risks associated with OTC derivatives, securities financing, exchange traded derivatives, banking products and structured transactions.
• Prepare, reviewing, and approving, written counterparty annual reviews and transactional credit proposals drawing conclusions relating to credit assessment, risk appetite, exposure drivers and business prospects.
• Ensure all regulatory requests, audit items and operational risk issues are dealt with in a disciplined, timely and efficient manner. Perform ad hoc credit risk analysis and participating in portfolio reviews.
• Can work hybrid (In-office/remote).

Qualified Applicants apply through SH-ProfRecruitingcc@ubs.com. Please reference 002637. NO CALLS PLEASE. EOE/M/F/D/V

Salary Range & Work Schedule: $188,178 to $240,000/year, 40 hrs/wk. This notice is being posted in connection with an application for permanent Alien Labor Certification. Any person may comment or provide documentary evidence bearing on this application to: U.S. Department of Labor, Employment and Training Administration, Office of Foreign Labor Certification, 200 Constitution Avenue NW, Room N-5311, Washington, DC 20210.

The expected salary range(s) for this role as of the date of this posting is/are based on factors including, but not limited to, experience, qualifications, education, location and skill level. This role may also be eligible for discretionary incentive compensation. For benefits information, please visit ubs.com/usbenefits.

Job Reference #

332705BR

City

New York

Job Type

Full Time

Your Career Comeback

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

Your team

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 clients.

You’ll be working in the Credit Risk team in New York, NY.

Your expertise

Education & Experience Requirement
• Bachelor’s degree or foreign equivalent in Economics, Accounting, Finance, Mathematics, or a related field of study plus 5 years of experience in the job offered or 5 years of experience in Financial Risk as a Vice President, Associate, Assistant Vice President, or a related occupation.

Position requires experience with the following:
• (1) Quantitative risk analysis employed in a credit risk, market risk or trading environment; (2) Analysis of the financial condition of hedge fund counterparties; (3) Financial markets, trading and lending products; (3) ISDA/CSA; (4) Prime Brokerage and Repo Agreements; (5) Bloomberg; (6) Tableau; (7) SQL; (8) X1 Search; (9) VBA basics; (10) Python.

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

Salary Range & Work Schedule: $188,178 to $240,000/year, 40 hrs/wk. This notice is being posted in connection with an application for permanent Alien Labor Certification. Any person may comment or provide documentary evidence bearing on this application

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.