Michael Weeks Email & Phone Number

Salt Lake City, UT, US

UBS Bank USA Deputy Chief Credit OfficerTailored Lending Credit Team Lead- Unsecured Lending- SBL- Private Equity Lending- Hedge Fund Lending

Salt Lake City Metropolitan Area

Credit Risk Management

Salt Lake City, Utah

• Credit Risk Mgmt
• Bank Officer for Morgan Stanley Bank, N.A. and Morgan Stanley Private Bank, N.A.
• Manage a $2Bn portfolio of Securities Based Loans
• Evaluate prospective loans and underwrite new loans for Ultra High Net Worth clients while limiting the risk to the Bank
• Prepare materials for various bank exams, compliance reviews and other audit related requests
• Conduct monthly quality control reviews to ensure underwriting standards are consistent with regulatory requirements

Salt Lake City, Utah

• Controller in the Finance Division for Interest Rate Products.
• Create daily, weekly, monthly profit and loss analyses, which include review of new deal activity and ensuring profits and losses are supported by market data
• Perform balance sheet substantiation exercises, including independent price verification review vs. external third party data
• Report trading strategies and risk exposure to senior management on a weekly basis
• Consolidate profit and loss monthly statements for the IRP Trading desks globally and report to CFO

• Manage equity and convertible bond trades for a large subset of institutional clients by opening up new equity accounts, resolving trade differences with the sales desk, and ensuring market settlement
• Strengthen client relationships by providing timely market information and trade-related details to various hedge funds and investment managers
• Create market summaries including flow charts to outside clients and sales traders for various Asian and European equity markets
• Perform risk analysis, drafted reports around client trading patterns and presented regularly to management
• Utilize Bloomberg to access market information and to verify security details such as accrued interest on convertible bonds
• Contribute in structuring the department's operational risk model that factors in key risk items such as market exposure on open trades, unallocated trades, and high value executions

• Negotiated discounts with suppliers by buying merchandise on pre-determined dates
• Completed weekly inventory statistics and compared to sales margin
• Assisted customers in purchasing bicycles and cycling equipment to meet their needs
• Educated sales force on products and sales tactics to increase sales and retain customers
• Managed payroll and expenses for entire sales force

• Prepared asset allocation statements for client visits
• Organized and completed project of restructuring entire clientele database including asset allocation plan due dates
• Participated in frequent client visits to discuss retirement strategies and projected retirement date