Your role Do you have a background in finance, business administration, economics or accounting? Are you an experienced credit professional who is familiar with a variety of credit products and willing to learn new ones?
We are looking for a Credit Risk Review (CRR) Director to:
Assist in the planning, execution, and reporting of credit reviews across UBS’ Combined U.S. Operations (CUSO) portfolio.
Analyze credit terms/structures, counterparty financial performance, economic/industry operating environment, and other relevant risk factors to ensure all credit extensions have been made in compliance with UBS policies and U.S. regulatory expectations.
Assess the accuracy and adequacy of U.S. regulatory classifications, probability of default (PD) ratings, loss given default (LGD) ratings and the Current Expected Credit Losses (CECL) process across CUSO.
Identify deficiencies and areas for improvement in credit risk policies and procedures in collaboration with responsible account officers, credit officers, and other relevant stakeholders as needed.
Act as Subject Matter Expert (SME) and maintain current, in-depth knowledge of assigned portfolios and relevant regulation/laws.
Maintain a thorough understanding of UBS' compliance rules and regulations in accordance with UBS policy requirement.
Your team Credit Risk Review (CRR) is a team of highly motivated, highly experienced credit risk professionals which operates independently to provide an objective and timely assessment of the CUSO credit portfolio to the CUSO Board, U.S. regulators and senior UBS management. We are a department which values Diversity and Inclusion (D&I) and is committed to realizing the firm’s D&I ambition which is an integral part of our global cultural values.
Your expertise We are looking for a talented and highly motivated colleague with a strong team spirit and positive attitude, with ideally the following background and skills:
Bachelor’s degree in Finance, Business Administration, Economics or Accounting or equivalent work experience is necessary; MBA or financial certification (CFA, FRM, etc.) is highly desirable.
Successful completion of a formal credit training program and :10 years of experience in credit, credit risk, credit portfolio management and/or credit administration with a financial institution and/or U.S. regulatory agency (OCC, FRB, etc.); experience at both is highly desirable.
Familiarity with multiple credit products (e.g., corporate credit, syndications, acquisition/project/trade financing, leasing, securitizations, derivatives, etc.) and willingness to learn new credit products.
Ability to work independently with minimal supervision, think critically and arrive at creative solutions.
Excellent interpersonal, communication (verbal and written) and negotiating skills
Advanced knowledge of Microsoft Office products suite
Some travel may be required
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.
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?
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.
Your Career Comeback We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.
Salary Information CA, CO, WA and NY based roles: The salary range for this role is $160,000 to $210,000 based on experience, education, and skill level. This role may be eligible for discretionary incentive compensation. For benefits information: ubs.com/usbenefits.
Seniority level
Not Applicable
Employment type
Full-time
Job function
Legal, Finance, and Accounting/Auditing
Industries
Banking, Financial Services, and Investment Banking
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