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Credit Risk Officer - Hedge Funds

UBS New York, United States
Posted 5 hours ago Permanent $120k

Credit Risk Officer - Hedge Funds

UBS New York, United States
Credit Risk Officer - Hedge Funds
Your role

Your role
Are you naturally curious and ambitious? Do you have strong analytical skills? We're looking for someone who can:
• assess counterparty credit risk using a solid understanding of hedge fund and family office risk management, trading strategies, infrastructure, and other quantitative and qualitative credit factors, including onsite due diligence
• use delegated authority, within defined risk limits, to approve new positions or recommend decisions to senior credit committees, working closely with the business to ensure transactions align with UBS's risk appetite
• evaluate transactional risk across OTC derivatives, securities financing, exchange-traded derivatives, banking products, and structured transactions
• prepare, review, and approve annual counterparty reviews and transactional credit proposals, clearly setting out credit assessments, risk appetite, exposure drivers, and business outlook
• lead negotiation of trading documentation, including ISDA/CSA, Prime Brokerage, and Repo Agreements
• manage regulatory requests, audit items, and operational risk issues in a timely and disciplined way
• deliver ad hoc credit analysis and contribute to portfolio reviews to identify emerging risks and concentrations

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.

Your team

You'll be working in the Hedge Fund Credit Risk Control team in Raleigh or New York 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

You have:
• you're curious to explore how AI can improve how we build, deliver, and optimize workflows. You do this with sound judgment - validating outputs and aligning with policies, risk standards, and ethical use.
• a bachelor's degree or international equivalent, ideally in accounting, finance, economics, or mathematics; an MBA or CFA is a plus
• ideally 7-10 years of experience in a similar role or related financial services position
• strong quantitative risk analysis skills gained in a credit risk, market risk, or trading environment
• experience conducting due diligence and assessing the financial condition of hedge fund counterparties
• a good understanding of financial markets and a broad range of trading and lending products
• familiarity with trading documentation, particularly ISDA/CSA, Prime Brokerage, and Repo Agreements
• clear and confident communication skills, with the ability to engage professionally with clients and internal stakeholders

You are:
• a collaborative team player with strong interpersonal skills and the ability to build trusted relationships with peers, business partners, and senior 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.

Salary information

The indicative gross base salary range as a full-time equivalent role:
• United States - North Carolina - Raleigh min USD 120000 - max USD 160000
• United States - New York - New York min USD 140000 - max USD 188000 /annum

The expected salary for this role will be determined by relevant factors which may include but are not limited to, role-required experience, qualifications, education, location and skill level. UBS offers a range of competitive benefits and for further information, please visit ubs.com/employee-benefits. We may, at our sole discretion, provide additional variable compensation or awards.
Job ID  330774BR
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