Credit Risk Officer – GLU Private Equity/ Hedge Funds Job at UBS
United States - Utah
Risk
Group Functions
Job Reference #
274652BR
City
Salt Lake City
Job Type
Full Time
Your role
Are you independent and self-driven? Do you have sharp analytic skills and are able to handle complex transactions that require enhanced due diligence?
We’re looking for someone who can:
Evaluate counterparty credit risk based on an understanding of the hedge fund and family office risk management techniques, trading strategies, and infrastructure, as well as a number of other quantitative and qualitative measures of credit worthiness. This will include client due diligence visits for onsite evaluations.
Hold delegated personal authority (within established risk-based limits) to approve new positions or to make recommendations to higher authority levels within Credit. The candidate will be expected to 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, as well as review and approve, written counterparty annual reviews/transactional credit proposals drawing conclusions relating to credit assessment, risk appetite, exposure drivers and business prospects
Lead trading documentation negotiation including ISDA/CSA, Prime Brokerage and Repo Agreements – 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 participate in portfolio reviews to identify risk developments or concentrations
We’re looking for someone who can:
Evaluate counterparty credit risk based on an understanding of the hedge fund and family office risk management techniques, trading strategies, and infrastructure, as well as a number of other quantitative and qualitative measures of credit worthiness. This will include client due diligence visits for onsite evaluations.
Hold delegated personal authority (within established risk-based limits) to approve new positions or to make recommendations to higher authority levels within Credit. The candidate will be expected to 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, as well as review and approve, written counterparty annual reviews/transactional credit proposals drawing conclusions relating to credit assessment, risk appetite, exposure drivers and business prospects
Lead trading documentation negotiation including ISDA/CSA, Prime Brokerage and Repo Agreements – 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 participate in portfolio reviews to identify risk developments or concentrations
Your team
You’ll be working in the Credit Risk Control team in Salt Lake City and New York where transactions will be reviewed with the Investment Bank for Wealth management clients. This role is responsible for the credit assessment, monitoring, control and transaction decision approval of UBS's counterparties, which primarily encompass hedge funds, family offices and private equity funds. You will serve as a Credit Officer focusing on quantitative risk assessment of transactions and hedge fund counterparty credit analysis.
Your expertise
- Bachelor's degree in Finance, Economics, Accounting, or related areas
- 3-5 years of experience in a similar or related field
- Strong analytical skills, attention to detail and the ability to identify key risk issues in complex situations and to formulate precise credit assessments and credit recommendations, both in writing and verbally
- Prior experience with due diligence and analysis of the financial condition of hedge fund counterparties
- A knowledge and understanding of financial markets and a breadth of trading and lending products
- Familiarity with common trading documentation, particularly ISDA/CSA, Primer Brokerage and Repo agreements
About us
UBS is the world’s largest and 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.
With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?
With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?
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?
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?
Contact Details
UBS Recruiting United States, 1000 Harbor Blvd., Weehawken, NJ 07086
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.
Please Note :
clarksqn.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, clarksqn.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.