Amit Valecha serves as the Executive Director of Operational Risk Management at UBS in New York, bringing over 23 years of extensive experience in investment banking to his role. His expertise spans critical areas such as Product Valuation, Financial Control, and Operational Risk Management, with...
Amit Valecha serves as the Executive Director of Operational Risk Management at UBS in New York, bringing over 23 years of extensive experience in investment banking to his role. His expertise spans critical areas such as Product Valuation, Financial Control, and Operational Risk Management, with a particular focus on managing key risks like Credit Valuation Adjustment (CVA) and Funding Valuation Adjustment (FVA). Amit's current responsibilities include leading the operational risk framework for the Finance function across the Americas, where he plays a pivotal role in ensuring robust risk management practices within Financial Control, Valuation Control, and Regulatory Reporting.
Amit's leadership is instrumental in navigating the complexities of capital management and regulatory compliance, particularly in the context of the Comprehensive Capital Analysis and Review (CCAR) program. His proactive approach to operational risk has not only enhanced the resilience of UBS’s financial operations but has also fostered a culture of risk awareness across various divisions, including Investment Banking, Wealth Management, and Asset Management.
Amit's proven track record in managing and establishing large teams, including a significant three-year overseas assignment focused on offshoring initiatives, underscores his ability to drive efficiency and innovation in operational processes. His deep understanding of financial instruments, including Asset-Backed Securities (ABS), Mortgage-Backed Securities (MBS), Credit Default Swaps (CDS), and derivatives, complements his strategic vision for risk management. As a thought leader in the industry, Amit continues to leverage his skills in financial modeling and capital markets to enhance UBS’s operational risk posture, ensuring the firm remains at the forefront of best practices in an ever-evolving regulatory landscape.
