Front Office Risk Manager - Prime Brokerage and Clearing

UBS; London; On-site; GBP 60,000 - 100,000; Full time

Job description

Front Office Risk Manager – Prime Brokerage and Clearing

Location: London, United Kingdom

Department: Research, Risk

Division: Investment Bank

Job Reference Number: 317004BR

Job Type: Full Time

Your role

We’re seeking a Risk Manager to:

1. Manage counterpart and liquidity exposures for the EMEA Prime Brokerage client base, ensuring clients remain within risk appetite.
2. Handle distressed client situations, liaising with clients, Credit Risk Control, Senior Management, and other stakeholders to minimize potential losses.
3. Continuously monitor client exposures, market events, and industry developments.
4. Assess new client portfolios and negotiate legal and margin terms.
5. Review client profitability, understanding key drivers such as LRD and RWA.
6. Monitor trading limits and intraday activity/alerts.
7. Develop new margin and risk models.
8. Provide transparent risk reports to management and internal stakeholders.

Additional Information

We welcome applications from career returners. Learn more at ubs.com/careercomeback.

Your team

You will be part of the Financing Pricing and Risk Management team in London, collaborating across Global Markets, which includes risk analysis, structuring, and pricing solutions in various business areas. The team is global, with members in Zurich, New York, and Hong Kong, focusing on developing the first-line team with an emphasis on Equity Prime Brokerage activities.

Your expertise

• 3-5 years of experience in financial markets risk management, trading, or related roles.
• Broad product knowledge of derivatives and risk quantification skills.
• Proficiency in risk management models like stress testing and VaR.
• Strong organizational skills, proactive attitude, and ability to synthesize qualitative and quantitative information.
• IT skills with coding experience in Python, VBA, SQL, or C++.
• Preferred: interests in market design, game theory, or financial regulation.
• Degrees in Mathematics, Computer Science, Engineering, or related fields.

About us

UBS is a leading global wealth manager operating in over 50 countries, with divisions in wealth management, banking, asset management, and investment banking.

Join us

UBS values diverse skills and backgrounds, fostering an inclusive culture with opportunities for growth, collaboration, and flexible working. We support disability inclusion and provide accommodations during recruitment.

Policies

UBS is an Equal Opportunity Employer committed to diversity and inclusion.