UBS - New York, NY
posted 4 months ago
As a Credit Risk Analyst focusing on Hedge Funds at UBS, you will play a crucial role in evaluating counterparty credit risk. This involves a deep understanding of hedge fund and family office risk management techniques, trading strategies, and infrastructure. You will utilize both quantitative and qualitative measures to assess credit worthiness, which includes conducting client due diligence visits for onsite evaluations. Your responsibilities will also include holding delegated personal authority to approve new positions or make recommendations to higher authority levels within Credit, ensuring that all transactions align with UBS's risk appetite in the sector. In this role, you will evaluate transactional risks associated with various financial instruments, including OTC derivatives, securities financing, exchange-traded derivatives, banking products, and structured transactions. You will be responsible for preparing, reviewing, and approving written counterparty annual reviews and transactional credit proposals, drawing conclusions related to credit assessment, risk appetite, exposure drivers, and business prospects. Additionally, you will lead the negotiation of trading documentation, including ISDA/CSA, Prime Brokerage, and Repo Agreements, ensuring that all regulatory requests, audit items, and operational risk issues are addressed in a disciplined and timely manner. You will also perform ad hoc credit risk analysis and participate in portfolio reviews to identify risk developments or concentrations. This position is part of the Hedge Fund Credit Risk Control team in New York, aligned with the Investment Bank, and is responsible for the credit assessment, monitoring, control, and transaction decision approval of UBS's counterparties, primarily hedge funds, family offices, and private equity funds. As a Credit Officer, you will focus on quantitative risk assessment of transactions and hedge fund counterparty credit analysis.