Your role
UBS Business Solutions US LLC is seeking an Associate Director, IB Operations Collateral Specialist in New York, NY
Are you an innovative thinker? Do you enjoy delivering enhanced change capabilities across a range of business functions? Are you passionate about IT process automation using cutting edge tooling platforms?
We're looking for an Associate Director, IB Operations Collateral Specialist to:
• Perform risk analysis to support risk management function in executing their risk decisions. Process and analyze the sample portfolios of prospective clients.
• Analyze stress loss versus margin of prospective and existing clients. Work closely with prime services risk, credit officers, business and sales team.
• Execute the processes and controls you are responsible for in a timely, accurate and complete manner. Analyze the different margin methodologies, waivers and the margin calculations.
• Support the margins function in covering the day-to-day exposure deliver excellence in counterparty risk analytics. Support digital transformation.
• Can work hybrid (In-office/remote).
Qualified Applicants apply through [redacted]. Please reference 002187. NO CALLS PLEASE. EOE/M/F/D/V
Salary Range & Work Schedule: $180,107 to $185,107 /year, 40 hrs/wk. This notice is being posted in connection with an application for permanent Alien Labor Certification. Any person may comment or provide documentary evidence bearing on this application to: U.S. Department of Labor, Employment and Training Administration, Office of Foreign Labor Certification, 200 Constitution Avenue NW, Room N-5311, Washington, DC 20210.
The expected salary range(s) for this role as of the date of this posting is/are based on factors including, but not limited to, experience, qualifications, education, location and skill level. This role may also be eligible for discretionary incentive compensation. For benefits information, please visit ubs.com/usbenefits.
Your team
Diversity helps us grow, together. That's why we are committed to fostering and advancing diversity, equity, and inclusion. It strengthens our business and brings value to our clients.
You'll be working with the IB Operations team in New York, NY.
Your expertise
Education & Experience Requirement:
• Master's degree or foreign equivalent in Financial Risk Management, Economics, or a related field of study plus 5 years of experience in the job offered or 5 years of experience as a Credit Risk Analyst, Production Planning Analyst, or a related occupation.
Position requires experience with the following:
• SQL; VBA; VaR Calculations; Stress Testing; Risk sensitivity analysis; R Programming; Power BI; Historic Simulation; Variance-Covariance; Model Back-testing; ETD Margin Requirement Estimation; CCP Margin Requirement Estimation; Bloomberg Terminal; Bloomberg API; Counterparty Credit Review; Fundamental Credit Analysis.
Salary information
The indicative gross base salary range as a full-time equivalent role:
• United States - New York - New York min USD 180107 - max USD 185107 /annum
The expected salary for this role will be determined by relevant factors which may include but are not limited to, role-required experience, qualifications, education, location and skill level. UBS offers a range of competitive benefits and for further information, please visit ubs.com/employee-benefits. We may, at our sole discretion, provide additional variable compensation or awards.
