Credit Risk Officer - Commercial Real Estate

UBS•New York, NY

54d•$120,000 - $188,000

About The Position

Are you naturally curious and ambitious? Do you have sharp analytic skills? We're looking for someone like that who can: - prepare transaction memos to support the Commercial Real Estate Center of Excellence decisions and approvals across asset classes - hold delegated personal authority (within established risk-based limits) to approve new positions or to make recommendations to higher authority levels within Credit. The candidate will be expected to interact with the business units in relation to transactions to ensure the risk fit UBS's ultimate appetite in the sector - prepare, as well as review and approve, written counterparty annual reviews/transactional credit proposals drawing conclusions relating to credit assessment, risk appetite, exposure drivers and business prospects - ensure all regulatory requests, audit items and operational risk issues are dealt with in a disciplined, timely and efficient manner - perform ad hoc credit risk analysis and participate in portfolio reviews to identify risk developments or concentrations At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We're dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. And we use artificial intelligence (AI) to work smarter and more efficiently. We also recognize that great work is never done alone. That's why collaboration is at the heart of everything we do. Because together, we're more than ourselves. We're committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us. About us UBS is the world's largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors. We have a presence in all major financial centers in more than 50 countries.

Requirements

a Bachelor's degree or international equivalent, preferably in accounting, finance, economics or mathematics and a MBA/CFA preferred
ideally 6-10 years of experience and demonstrated expertise in a similar position in commercial real estate.
established quantitative risk analysis skills employed in a credit risk, market risk or trading environment
excellent communication skills - the ability to communicate directly and professionally with clients and internal stakeholders is of critical importance to the role
a team player with strong interpersonal skills to establish trustworthy relationships with internal peers, business, and senior management

Responsibilities

prepare transaction memos to support the Commercial Real Estate Center of Excellence decisions and approvals across asset classes
hold delegated personal authority (within established risk-based limits) to approve new positions or to make recommendations to higher authority levels within Credit. The candidate will be expected to interact with the business units in relation to transactions to ensure the risk fit UBS's ultimate appetite in the sector
prepare, as well as review and approve, written counterparty annual reviews/transactional credit proposals drawing conclusions relating to credit assessment, risk appetite, exposure drivers and business prospects
ensure all regulatory requests, audit items and operational risk issues are dealt with in a disciplined, timely and efficient manner
perform ad hoc credit risk analysis and participate in portfolio reviews to identify risk developments or concentrations

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