UBS Financial Services Credit Risk Review (CRR) – Director in New York, New York
Participate in UBS' credit risk review function to ensure acceptable credit standards are maintained and the all extensions of credit conform to established lending policies and regulatory guidelines.
•\tAssist in the planning and preparation of credit reviews as directed.
•\tComplete individual credit reviews for all divisions including, but not limited to, reviewing loan terms and structures, analyzing borrowers/guarantor/counterparty financial performance, assessing economic/industry operating environment, and other relevant risk factors.
•\tAssess the accuracy of regulatory classifications, and UBS risk ratings and recommend changes as necessary.
•\tIdentify deficiencies in credit processes.
•\tVerify adequacy of the Allocation for Loan and Lease Loss (ALL) process and reserve levels as necessary.
•\tReview probability of default (PD) and loss given default (LGD) analysis as necessary.
•\tEnsure all credit extensions have been made in compliance with UBS lending policies, procedures and U.S. regulatory guidance.
•\tDiscuss potential issues with responsible account officers, credit officers, CRR management and other relevant stakeholders as necessary and/or directed.
•\tPrepare review reports of examination based upon CRR guidelines, as necessary.
Policies & Procedures
•\tEnsure consistency of the risk rating and evaluation processes throughout the various units of UBS.
•\tManage and/or participate in the review of self-assessment results as necessary.
•\tManage and/or conduct review of borrowers subject to Close Watch monitoring.
•\tProactively recommend changes to UBS credit policies and procedures as necessary.
•\tMaintain up-to-date knowledge of assigned industries and/or portfolios.
•\tMaintain up-to-date knowledge of U.S. and other regulatory environments as required including topical issues, and new/pending laws/regulations and their potential impact on UBS and the credit risk review function.
•\tMaintain a thorough understanding of UBS' compliance rules and regulations in accordance with UBS policy requirements.
What we offer:
Together. That’s how we do things. We offer people around the world a supportive, challenging and diverse working environment. We value your passion and commitment, and reward your performance.
Keen to achieve the work-life agility that you desire? We're open to discussing how this could work for you (and us).
Take the next step:
Are you truly collaborative? Succeeding at UBS means respecting, understanding and trusting colleagues and clients. Challenging others and being challenged in return. Being passionate about what you do. Driving yourself forward, always wanting to do things the right way. Does that sound like you? Then you have the right stuff to join us. Apply now.
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.
The UBS Credit Risk Review team ensures acceptable credit standards are maintained and the all extensions of credit conform to established lending policies and regulatory guidelines. We are a small team based out of our New York City offices.
Your experience and skills:
•\tApproximately 10 years' experience in credit, credit review and/or credit administration with a financial institution and/or U.S. regulatory agency (OCC, FRB, etc.). Experience at both is highly preferred.
•\tBachelor degree in Finance, Business Administration, Economics or Accounting or equivalent work experience eis necessary. MBA or financial certification (CFA, FRM, etc.) is highly desirable.
•\tAbility to work independently with minimal supervision.
•\tAble to arrive at creative solutions.
•\tFamiliarity with a variety of credit products (e.g. corporate credit, acquisition financing, project financing, trade financing, leasing, securitizations, derivatives, etc.) and willingness to lean new credit products.
•\tExcellent interpersonal, communication (verbal and written) and negotiating skills.
•\tThrough and/or advanced knowledge of Microsoft Office products suite.
•\tSome travel may be required.
Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions. That's what we do. And we do it for private and institutional clients as well as corporations around the world.
We are about 60,000 employees in all major financial centers, in more than 50 countries. Do you want to be one of us?
Job Reference #: 169385BR
Business Divisions: Corporate Center
Title: Credit Risk Review (CRR) – Director
City: New York
Job Type: Full Time
Country / State: United States - New York
Function Category: Risk