Key responsibilities
UBS Business Solutions US LLC is seeking an Associate Director, Valuation Controller in Weehawken, NJ.
Are you an innovative thinker? Are you focused on the details, even when under pressure? Do you enjoy delivering enhanced change capabilities across a range of business functions?
We’re looking for an Associate Director, Valuation Controller to:
• Independent Price Verification (IPV) of securitized products such as CLOs, CMBS, RMBS and ABS. Analysis of cash flow triggers, market trends and other technical factors in valuation.
• Use of securitization market data sources such as Intex or Bloomberg for cash flow analysis and pricing. Automation work for securitized products IPV.
• Conduct reporting and analyze the largest drivers of IPV’s and reserves. Write commentaries for exotics and regional reserve movements, citing largest drivers and causes.
• Run IPV processes for the Asian region. Download and accumulate option prices for large sets of underliers. Provide detailed data for traders on the largest exotics IPV drivers of impacts. Provide adjustment details for exotics desk.
• Calculate and review IPV, model adjustments and liquidity adjustments for Equity Derivative and Securitization products. Measure valuation uncertainty using multiple sources of data, including listed market spreads and consensus dispersion.
• Ensure that appropriate valuation adjustments are calculated given the nature and risks of the portfolio. Developing and running automation tools utilizing Python. Provide valuation reports and updates to traders, business heads, senior management, quantitative and risk groups and auditors.
• Can work hybrid (In-office/remote).
Qualified Applicants apply through SH-ProfRecruitingcc@ubs.com. Please reference 001762. NO CALLS PLEASE. EOE/M/F/D/V. #LI-DNI
Your Career Comeback
We are open to applications from career returners. Find out more about our program on
ubs.com/careercomeback.
The 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 Valuation Controller team in Weehawken, NJ.
Your skills and experience
Education & Experience Requirement:
• This position requires a Master’s degree or foreign equivalent in Finance (any), Economics, Accounting, or a related field of study plus three (3) years of experience in the job offered or as a Financial Quantitative Analyst, Senior Analytics Specialist, or a related occupation.
Alternate Education & Experience Requirement:
• The employer will alternatively accept a Bachelor’s degree or foreign equivalent in Finance (any), Economics, Accounting, or a related field of study plus five (5) years of experience in the job offered or as a Financial Quantitative Analyst, Senior Analytics Specialist, or a related occupation.
Position requires experience with the following:
• Equity derivatives products (swaps and options); Financial modelling; Financial statement analysis
• Bloomberg; Reuters; Securitized products (CLOs, RMBS, CMBS, and ABS)
• Cash Flow Modelling; Intex
• ICE; Python; Excel VBA Macros
• Bonds (government bonds, corporate bonds and municipal bonds)
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 Jersey - Weehawken min USD 139800 - max USD 144000 /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.
Join us
At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We’re dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. And we use artificial intelligence (AI) to work smarter and more efficiently. We also recognize that great work is never done alone. That’s why collaboration is at the heart of everything we do. Because together, we’re more than ourselves.
We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always
contact us.
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.
