Director, Risk Control Specialist

United States - New York

Risk

Group Functions

Job Reference #

336948BR

City

New York

Job Type

Full Time

Your role

UBS Business Solutions US LLC is seeking a Director, Risk Control 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 a Director, Risk Control Specialist to:

• Perform independent review of key processes such as cash flow forecasting, HQLA monitoring, contingency funding plan, liquidity stress testing, intraday clearing, Resolution Plan (RLEN) and 2052a reporting from a Liquidity Risk perspective.
• Conduct annual review of the business line products offered to clients and analysis of key risks associated with ongoing market trends to highlight any unanticipated liquidity risks to senior management and the Board.
• Review the impact of new business agreements and trade bookings on liquidity risk of the firm. Liase with traders and senior executives on best trade booking options which would keep the risk at a minimum.
• Oversee risk mitigation actions, including discussing the impacts of new business agreements and trade bookings on liquidity risk with traders and senior executive teams and advising them on the best trade booking options which would keep the risk at minimum.
• Perform independent review of model calibrations, assumption appropriateness, and scenario narratives of internal Liquidity and Funding (L&F) models. Execute daily monitoring and analysis of critical risk metrics to ensure the business activities are within firms’ internal risk limits and regulatory requirements.
• Perform deep dive analysis of new products and products with higher risk to ensure that the risk is properly understood and controlled.
• Can work hybrid (In-Office/Remote).

Qualified Applicants apply through SH-ProfRecruitingcc@ubs.com. Please reference 002410. NO CALLS PLEASE. EOE/M/F/D/V

Salary Range & Work Schedule: $155,000 to $210,000/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 Career Comeback

We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.

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 Risk Control team in New York, NY.

Your expertise

Education & Experience Requirement

• Bachelor’s degree or foreign equivalent in Engineering (any), Economics, Finance, or a related field of study plus five (5) years of experience in the job offered, or as a Liquidity Risk Manager, Vice President, Associate Technology, or a related occupation.

Position requires experience with the following:

• Capital markets and money markets instruments and their liquidity impacts and constraints; US Regulations on liquidity risk including Reg YY; Secured and unsecured funding sources; Prime Brokerage and the impacts on liquidity and leverage; Prime Financing; Assessing and manipulating large datasets to monitor overall bank liquidity profile; VBA; Liquidity stress testing model calibrations; Intraday Liquidity Management; Statistical data analysis techniques for liquidity management including descriptive analysis, regression, and time series analysis; and Liquidity impacts and risks associated with Prime Brokerage Stock Borrow and lending function, securitized products, and real estate financing business

About us

UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe.

We know that great work is never done alone. That’s why we place collaboration at the heart of everything we do. Because together, we’re more than ourselves. Want to find out more? Visit ubs.com/careers.

Salary information

The indicative gross base salary range as a full-time equivalent role:

• United States - New York - New York min USD 155000 - max USD 210000 /annum

The expected salary for this role will be determined by relevant factors