Credit Risk Analyst - IB Hedge Funds Americas

UBS•Raleigh, NC

6d•$78,000 - $110,000•Onsite

About The Position

The Credit Risk Analyst will join the Hedge Fund Credit Risk Control team in New York, aligned with the Investment Bank. This team is responsible for credit assessment, monitoring, control, and transaction approval for UBS counterparties, primarily hedge funds, family offices, and private equity funds. As a Credit Officer, the role focuses on quantitative transaction risk and counterparty credit analysis. The ideal candidate is naturally curious and ambitious, with sharp analytical skills, and will assess counterparty credit risk using an understanding of hedge fund and family office risk management, trading strategies, infrastructure, and other quantitative and qualitative credit factors, including onsite due diligence visits. The role involves using delegated authority, within defined risk limits, to approve new positions or recommend decisions to senior credit committees, partnering closely with the business to ensure transactions align with UBS’s risk appetite. The analyst will evaluate transactional risk across OTC derivatives, securities financing, exchange-traded derivatives, banking products, and structured transactions. Responsibilities include preparing, reviewing, and approving annual counterparty reviews and transactional credit proposals, clearly articulating credit assessments, risk appetite, exposure drivers, and business outlook. The role also entails leading negotiation of trading documentation, including ISDA/CSA, Prime Brokerage, and Repo Agreements, managing regulatory requests, audit items, and operational risk issues in a timely and disciplined way, and delivering ad hoc credit analysis and contributing to portfolio reviews to identify emerging risks and concentrations.

Requirements

A bachelor’s degree or international equivalent, ideally in accounting, finance, economics, or mathematics
Ideally 2–5 years of experience in a similar role or related financial services position
Solid quantitative risk analysis skills gained in a credit risk, market risk, or trading environment
Experience conducting due diligence and assessing the financial condition of hedge fund counterparties
A 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 the ability to engage professionally with clients and internal stakeholders
A collaborative team player with strong interpersonal skills and the ability to build trusted relationships with peers, business partners, and senior management

Nice To Haves

An MBA or CFA is a plus
Curiosity to explore how AI can improve how we build, deliver, and optimize workflows, doing so with sound judgment – validating outputs and aligning with policies, risk standards, and ethical use

Responsibilities

Assess counterparty credit risk using an understanding of hedge fund and family office risk management, trading strategies, infrastructure, and other quantitative and qualitative 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 closely with the business to ensure transactions 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, clearly 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