Risk Control Team Leader

UBS Weehawken , NJ 07086

Posted 2 months ago

UBS Business Solutions US LLC seeks Directors, Risk Control Team Leaders in Weehawken, NJ to manage all risk models for multiple credit portfolios, including Mortgages, Commercial Real Estates, Community Reinvestment Act, Asset Based Lending for all the UBS entities in the United States. Develop and maintain several complex and high profile loss forecasting models in the Comprehensive Capital Assessment and Review (CCAR) and Current Exposure Credit Loss context, including models used for stress testing and measuring the probability of default and loss given default to determine capital requirements.

Ensure compliance of the model documentation and model process with the regulations internal to UBS and by external regulators including the Federal Reserve (FRB) and the Federal Deposit Insurance Corporation (FDIC). Manage the team to ensure models in the context of CCAR, CECL, IFRS9 and other regulatory compliance are developed and fulfill all the internal and external requirements.

Ensure close collaboration across senior management of US legal entity, methodology and all required stakeholders. Serve as primary point of contact for US regulators, including FED, FDIC and OCC, on US issues, including CCAR and CECL.

Serve as lead contact for the dialog with and the exams performed by the aforementioned regulators and relevant internal inquiries. Oversee the design and execution of strategic planning processes related to risk mitigation and project timelines. Communicate strategic priorities and execution plans across the firm through presentations, meetings, and written communications to appropriate parties.

Qualified Applicants apply through SH-ProfRecruitingCC@ubs.com. Please reference IV11222019EW. NO CALLS PLEASE. EOE/M/F/D/V

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Risk Control Team Leader