Credit Risk Officer - Hedge Funds

Job Type

Full Time

340380

London

• evaluate counter party 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 counter party 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.

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 counter parties, 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 counter party credit analysis.

• a Bachelors degree or international equivalent, preferably in accounting, finance, economics or mathematics and an MBA/CFA preferred
• demonstrated expertise in a similar credit risk officer position with a focus on hedge fund counter parties
• 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 counter parties
• 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

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.