Your role

- Lead development and execution of workout plans for a wide variety of distressed credit exposures in UBS Investment Bank's banking portfolio
- Executing amendments, waivers, consents and any other legal documents pertaining to the asset under management (both in bankruptcy and out-of-court restructuring scenarios)
- Lead due diligence and fundamental credit analysis to formulate independent risk management recommendations to senior credit risk and front office management
- Engage with internal and external stakeholders and advisors to protect UBS's balance sheet by achieving an optimal resolution for underperforming credit exposures
- Negotiate, structure and execute restructuring and recapitalization transactions in a manner that is consistent with UBS's risk appetite and regulatory expectations
- Closely monitor business, financial, and industry developments
- Proposing, negotiating and executing sale of impaired assets
- Maintain comprehensive client credit files to drive effective and time risk management actions.

Your team

The Impaired Asset Management (IAM) team is within Credit Risk Control and is responsible for the management of all non-Swiss assets that are classified as impaired or flagged for credit deterioration. The objective of IAM is to maximize recovery, minimize legal risks associated with positions that are under its management, and minimize reputational risk to the Firm.

Your expertise

- 7 to 10 years of North America corporate restructuring experience at a large investment or commercial bank, Fund or Financial Advisor working in the United States
- A solid grasp of underwriting concepts, financial statement analysis and enterprise valuation
- Sound understanding of US regulatory expectations for the leveraged lending business and experience with the SNC review process a plus
- Excellent analytical skills, verbal and written communication skills with a strong presence and ability to convey complex messages to varying audiences
- Minimum of a bachelor's degree; MBA and/or CFA a plus
- Ability to work independently, in a team and be a relationship builder
- Proficiency in Microsoft Office products and the ability to quickly learn other computer applications
- Some understanding of U.S. bankruptcy law

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.

Join us

At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.

From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we're more than ourselves. Ready to be part of #teamUBS and make an impact?

Disclaimer / Policy Statements

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.