Hedge Fund Risk Officer recruitment
The team covers all activities of Equities division (Cash, Derivatives and Complex, Converts and new issuance) and is broadly responsible for closely monitoring the portfolio risk of the Equity businesses to ensure that risk exposures are appropriately diversified, that the risk profile is in line with UBS's appetite, and that non-standard risks are adequately identified and controlled.
The successful applicant will play a key role in:
- Performing due diligence of Hedge Funds
- Uunderstanding market risk undertaken by the Equity businesses (with focus on Hedge Fund and Mutual Fund Derivatives) ranging from reviewing daily trading activity, market activity and resulting risk profiles and PL on both a portfolio and concentration level.
- Being involved with adhoc trade analysis
- Analyze and approve complex derivatives structures
- Analyze and advise senior management on approvals of transactions and recommend approval
- Direct contact with traders, bankers and management (e.g. Head of Trading, Head of market risks, etc.)
- Analyse New Business initiatives and recommend approval to Head of equity risk.
- Develop and manage risk capture/reporting systems and processes
- Contribute to global initiatives such as developing new risk framework and policies
- Supervising other team members.
Requirements
- The role requires someone with a strong understanding of Hedge Funds, with the ability to analyse the associated risks of the Fund, and challenge them as part of UBS’ due diligence process
- Experience in Hedge Funds due diligence is critical to the role
- The candidate also needs to have experience in Equity products and markets, ideally with strong mathematical skills, and the desire to understand in detail the risk profile of traded products and the markets they operate in
- You need to have excellent interpersonal skills to deal with traders and support staff from a wide range of functions within the bank, and who can effectively prioritize their workload in a fast moving and dynamic environment
- Expected to show initiative and to recommend and implement efficiencies or improvements where necessary
- Given UBS’ investment in technology for Risk Management and for the Equity businesses, a deep understanding of Trading systems and risk management infrastructure would be very helpful whilst a good working understanding of Excel / VBA would be beneficial
- Strong quantitative skills
- Bachelor and Masters degree in a quantitative subject
Personal characteristics:
- Strong communications skills
- Demonstrate a level of curiosity in understanding the portfolios
- Organised, detail-oriented, self-motivated and respond well under pressure
- The ability to work in a team, adhere to tight deadlines and develop and maintain relationships
- Enthusiasm and adaptability
- Confident and cool under pressure; strong presence
UBS
UBS is a forward-thinking, ideas-driven organization; meritocracy, ambition, performance and learning define the culture of the firm. It is a diverse organization, where differences of background and perspective are recognized as strengths, and the individual differences and unique contribution of each person are valued and leveraged. By nurturing a climate in which these qualities can flourish, UBS recognizes that we will continue to build a winning team of talented individuals