Job Description

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 Career Comeback

We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.

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.