Credit Risk Review Officer UBS

Copenhagen Review Of Communication; New York (NY); On-site; USD 80,000 - 100,000; Full time

Job summary

An established industry player is seeking a Credit Risk Review Officer to enhance their credit risk management team. This exciting role involves leveraging your extensive experience in credit risk to analyze credit structures, ensure regulatory compliance, and maintain in-depth knowledge of assigned portfolios. You will collaborate with various stakeholders to identify areas for improvement and contribute to the planning and execution of credit reviews. If you have a passion for risk management and a proven track record in the field, this opportunity is perfect for you to make a significant impact in a dynamic environment.

Qualifications

• 10 years of experience in credit risk or credit portfolio management.
• Bachelor's degree in Finance or equivalent work experience required.

Responsibilities

• Analyze credit terms and ensure compliance with UBS policies.
• Assist in planning and executing credit reviews across portfolios.

Skills

Credit Risk Management

Microsoft Office Suite

Interpersonal Skills

Communication Skills

Analytical Skills

Education

Bachelor’s Degree in Finance

MBA or Financial Certification (CFA, FRM)

Tools

Credit Analysis Tools

Regulatory Compliance Software

Job description

Job Highlights

Title	Credit Risk Review Officer
Type	Full Time
Experience	10 Years
Function	Risk
Location	New York, NY, United States
Company	UBS

Company Profile

UBS is the world’s largest global wealth manager. The bank operates through four business divisions Global Wealth Management, Personal & Corporate Banking, Asset Management, and the Investment Bank.

Job Profile

The bank is hiring a Credit Risk Review Officer to join its team.

Education Level

• Bachelor’s Degree in Finance, Business Administration, Economics, or Accounting or equivalent work experience (necessary)
• MBA or financial certification (CFA, FRM, etc.) – highly desirable

Work Experience

• Completion of a formal credit training program and 10 years of experience in credit, credit risk, credit portfolio management, or credit administration with a financial institution or U.S. regulatory agency (OCC, FRB, etc.); experience at both is highly desirable.

Duties/Responsibilities

• Act as Subject Matter Expert (SME) and maintain current, in-depth knowledge of assigned portfolios and relevant regulations/laws.
• Analyze credit terms/structures, counterparty financial performance, economic/industry operating environment, and other relevant risk factors to ensure all credit extensions have been made in compliance with UBS policies and U.S. regulatory expectations.
• Assess the accuracy and adequacy of U.S. regulatory classifications, probability of default (PD) ratings, loss given default (LGD) ratings, and the Current Expected Credit Losses (CECL) process across CUSO.
• Assist in the planning, execution, and reporting of credit reviews across UBS’ Combined U.S. Operations (CUSO) portfolio.
• Identify deficiencies and areas for improvement in credit risk policies and procedures in collaboration with responsible account officers, credit officers, and other relevant stakeholders as needed.
• Maintain a thorough understanding of UBS’ compliance rules and regulations following UBS policy requirements.

Skills/Knowledge/Abilities

• Ability to work independently with minimal supervision, think critically, and arrive at creative solutions.
• Advanced knowledge of Microsoft Office products suite
• Excellent interpersonal, communication (verbal and written) and negotiating skills
• Familiarity with multiple credit products (e.g., corporate credit, syndications, acquisition/project/trade financing, leasing, securitizations, derivatives, etc.) and willingness to learn new credit products.
• Some travel may be required

Employer’s Statement

UBS is an Equal Opportunity Employer.