Description

Your role

Are you naturally curious and ambitious? Do you have sharp analytical skills and a background in counterparty credit risk in hedge funds?

We're looking for a Credit Risk Officer like you 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 our Hedge Fund Credit Risk Control team in London aligned with the Investment Bank. 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

• a Bachelors degree or international equivalent, preferably in accounting, finance, economics or mathematics and a MBA/CFA preferred
• demonstrated expertise in a similar credit risk officer position with a focus on hedge fund counterparties
• established quantitative risk analysis skills employed in a credit risk, market risk or trading environment; 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, Prime Brokerage and Repo Agreements
• excellent communication skills - the ability to communicate directly and professionally with clients and internal stakeholders is of critical importance to the role
• a team player with strong interpersonal skills to establish trustworthy relationships with internal peers, business, and management

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.

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.