• Responsible for managing counterparty risk from hedge funds to banks and corporates.
• develop and evolve the existing risk management framework, working principally with management and Credit Risk but including corporate functions, IT, Quants, Legal, Compliance and Operations
• provide transparency to management on risks being taken, ongoing monitoring of client exposures, significant market events
• products in purview include derivatives across all asset classes for client booked regionally in the US
• develop new margin and risk models and part of advocacy group with key industry developments such as SIMM
• support business enablement initiatives across the regions working closely with Sales, Trading, COOs and global risk teams.
• assessment of new client portfolios and negotiation of legal and margin terms
• monitoring of client trading limits and intraday activity / alerts

Detailed salary information:
• New York: the salary range for this role is $168750 to $206250
The expected salary range(s) for this role as of the date of this posting is/are based on factors including, but not limited to, experience, qualifications, education, location and skill level. This role may also be eligible for discretionary incentive compensation. For benefits information, please visit ubs.com/usbenefits.

Job Reference #

328560BR

City

New York

Job Type

Full Time

Your Career Comeback

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

Your team

You’ll be working as part of the In-Business Risk team based in New York

Your expertise

• 5+ years experience working within financial markets with a focus on risk management, trading or in a role with considerable exposure to the Prime Brokerage business area
• broad product knowledge of products, including cash prime brokerage and derivatives. Able to understand, quantify and summarize key risks of these products.
• knowledge of operational risk associated to client executions and booking, including settlement risk.
• knowledge of documentation and expectation of being able to negotiate with clients.
• familiarity in main financial risk management models, such as stress testing and Value at Risk.
• highly organized, hands-on and proactive, capable of distilling vast amounts of qualitative information into a quantitative framework to support decision making.
• coding knowledge and regular use of Python, R, VBA, SQL or C++ is valuable
• bachelor, Master degree or equivalent in Finance, Economics, or in quantitative area such as Mathematics, Computer Science, Engineering
• fluent in English

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.

Salary information

US Only: The expected salary range for this role is $168750 to $206250 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see «Your role» section for detailed salary information.

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. 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.