Hedge Fund Credit Risk Analyst — Quant-Driven Decisioning

UBS; Raleigh (NC); On-site; USD 78,000 - 93,000; Full time

Job summary

UBS is seeking a Credit Officer in the Hedge Fund Credit Risk Control team to assess counterparty risk, perform due diligence, and approve high-impact transactions. You will evaluate risk across derivatives, securities financing, and banking products, while collaborating with senior committees and business partners.

The role emphasizes quantitative analysis, documentation negotiation, and adherence to risk appetite. Strong communication with clients and stakeholders is essential.

Qualifications

• Bachelor's degree or international equivalent in accounting, finance, economics, or mathematics; MBA or CFA is a plus.
• Ideally 2-5 years of experience in a similar role.
• Solid quantitative risk analysis skills gained in credit risk, market risk, or trading environment.
• Experience conducting due diligence and assessing hedge fund counterparties.
• Solid understanding of financial markets and a broad range of trading and lending products.
• Familiarity with trading documentation, particularly ISDA/CSA, Prime Brokerage, and Repo Agreements.
• Clear and confident communication skills with clients and internal stakeholders.

Responsibilities

• Assess counterparty credit risk using hedge fund and family office risk management, trading strategies, infrastructure, and other credit factors, including onsite due diligence visits.
• Use delegated authority within defined risk limits to approve new positions or recommend decisions to senior credit committees, partnering with the business to align with UBS's risk appetite.
• Evaluate transactional risk across OTC derivatives, securities financing, exchange-traded derivatives, banking products, and structured transactions.
• Prepare, review, and approve annual counterparty reviews and transactional credit proposals, articulating credit assessments, risk appetite, exposure drivers, and business outlook.
• Lead negotiation of trading documentation, including ISDA/CSA, Prime Brokerage, and Repo Agreements.
• Manage regulatory requests, audit items, and operational risk issues in a timely and disciplined way.
• Deliver ad hoc credit analysis and contribute to portfolio reviews to identify emerging risks and concentrations.

Skills

Quantitative risk analysis

Due diligence

ISDA/CSA familiarity

Prime Brokerage familiarity

Repo Agreements familiarity

Communication

AI in workflows

Education

Bachelor's degree in accounting/finance/economics/mathematics

MBA or CFA (preferred)

Job description

UBS is seeking a Credit Officer in the Hedge Fund Credit Risk Control team to assess counterparty risk, perform due diligence, and approve high-impact transactions. You will evaluate risk across derivatives, securities financing, and banking products, while collaborating with senior committees and business partners.

The role emphasizes quantitative analysis, documentation negotiation, and adherence to risk appetite. Strong communication with clients and stakeholders is essential.