Credit Risk Officer
Posted on: 10 Feb 2021
New York, New York
Job Description
Your role
Are you someone who enjoys working with leveraged finance transactions in a fast paced environment? Are you interested in forming credit opinions and interfacing with decision makers across the firm?
We are looking for someone like this to:
• work on a team responsible for the underwriting and portfolio management of loans to borrowers in various industries, with a focus on leveraged lending
• conduct due diligence and perform fundamental credit analysis to provide independent risk recommendations to senior risk and front office management
• engage with and challenge front office teams to ensure transactions are consistent with UBS's risk appetite and regulatory expectations
• closely monitor business, financial, and industry developments to maintain up to date risk ratings and portfolio outlooks
Your team
The Credit Risk Control (CRC) team is responsible for independently assessing risks arising from the origination and distribution of institutional loans, with a focus on leveraged finance transactions. The team engages in extensive due diligence during the underwriting process to challenge front office deal recommendations and ensure transactions are consistent with UBS's risk appetite and regulatory expectations. Following underwriting, the team closely monitors business, financial, and industry developments to assess performance relative to underwriting expectations and ensure risk ratings are up to date. The team is located in UBS's New York office and reports into the firm's Chief Risk Officer.
Your expertise
• 3+ years of experience working with leveraged finance transactions in a credit risk or similar role
• strong credit background with a solid grasp of underwriting and loan portfolio management
• sound understanding of regulatory expectations for the leveraged lending business and experience with the SNC review process
• excellent verbal and written communication skills with strong presence and ability to convey complex messages to varying audiences
• minimum of a bachelor's degree; MBA and/or CFA a plus
*LI-UBS
UBS Group AG
New York, New York
UBS Group AG, together with its subsidiaries, provides financial advice and solutions to private, institutional and corporate client worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advisory and solutions to private clients, and high and ultra high net worth clients. This segment provides corporate and banking, lending, wealth planning, investing, lending, asset protection, and philanthropy services, as well as family office services.
The Personal & Corporate Banking division provides financial products and services to private, corporate, and institutional clients. The Asset Management division offers investment products and services comprising equities, fixed income products, hedge funds, real estate and private markets, indexed and alternative beta strategies, and asset allocation and currency investment strategies; customized multi-asset, advisory, and fiduciary services; multi-manager hedge fund solutions and advisory services; and fund corporate governance and white-labeling services.
The Investment Bank division provides advisory, debt and equity capital market, and financing solutions; and market lending services for global wealth management, personal and corporate banking, and asset management businesses serving the corporate, institutional, and wealth management clients. This division also offers cash, derivatives, and financing; foreign exchange, precious metals, rates, and credit; and securities research services. The company was formerly known as UBS AG and changed its name to UBS Group AG in December 2014. UBS Group AG was founded in 1862 and is headquartered in Zurich, Switzerland.
-
IndustryBanking/Financial Services
-
No. of Employees69,437
-
Website
-
Jobs Posted167
