Michael K. Press
Fairfield
Summary
Dynamic executive with extensive experience at UBS Bank USA, excelling in regulatory compliance and risk management. Proven track record in leading high-performing teams to enhance loan monitoring processes and drive product innovation. Adept at financial analysis and fostering collaborative relationships, consistently delivering results that align with organizational goals.
Overview
25
25
years of professional experience
Work History
Executive Director, Head, HNW Lending Product Support
UBS Bank USA
Weehawken
03.2022 - Current
- Manage a team of 11 individuals that monitor regulatory compliance, collateral & covenant monitoring as well as legal and documentation review.
- Manage Non-Financial Risk for HNW Lending & Cards in line with the banks risk appetite and policies
- Responsible for all regulatory requirements for the HNW Lending products
- Manage and report loan covenant conditions monitoring for HNW Lending
- Responsible for processes and procedures as well as identifying risks and migrants are in place
- Manage and resolve client and legal matters for HNW Lending
- Manage a team that onboards new loans transitioning to UBS as well as legal and documentation analysis
Executive Director, Product Manager of Securities Backed Lending
UBS Bank USA
Weehawken
03.2008 - 03.2022
- Responsible for the strategic planning and execution of the UBS lending business. Currently manages a team that reviews and structures high profile loan requests with financial advisors and clients.
- Responsible for all regulatory requirements for the Securities Backed Lending business
- Track loan pricing requests on new and existing deals in an effort to increase revenue and profitability
- Managed the execution and roll out of the UBS loan re-pricing initiative
- Contact existing FA’s to identify and resolve issues in cooperation with internal support
- Manage a team that tests and monitors all group procedures to ensure we are in compliance
- Responsible for rolling out new product offerings and the testing and communication required
Director, Sales Desk Manager of Banking Group
UBS Financial Services
Weehawken
01.2006 - 01.2008
- Responsible for the daily management of the banking product sales desk. Worked with teams on making outbound sales calls to our financial advisors. Effectively ran sales campaigns to integrate our products into the field.
- Responsible for producing regional sales coverage for the sale desk
- Responsible for mentoring new employee joining the sales desk
- Responsible for streamlining and producing all of the Banking sales reports
Associate Manager, Lending Group
UBS Financial Services
Weehawken
01.2003 - 01.2006
- Managed the daily loan origination group
- Monitored and managed the fixed rate loan desk
- Responsible for ensuring daily deadlines with UBS Bank USA
Fixed Rate Loan Analyst
UBS Financial Services
Weehawken
01.2002 - 01.2003
- Approved and structured credit lines
- Executed fixed rate loan requests
- Maintained daily reconciliation of lending accounts
Mutual Funds Associate
UBS PaineWebber
Weehawken
01.2001 - 01.2002
- Worked with outside fund companies on mutual fund trading and fund management
- Responsible for working with UBS Global Asset management on all UBS proprietary funds
Online Services Associate
UBS PaineWebber
Weehawken
01.2000 - 01.2001
- Worked with high net worth clients regarding navigational issues on our online website
- Assisted clients and branch offices with any software issues relating to the website
Education
Bachelor of Arts - Communications, Public Relations Concentration, Minor in Business Marketing
Marist College
Poughkeepsie, New York01.2000
Skills
- Regulatory compliance
- Risk management
- Loan monitoring
- Documentation review
- Process improvement
- Financial analysis
PRODUCT SUPPORT, PRODUCT MANAGEMENT & RISK MANAGEMENT
- Regulatory Relations & Support
- New Business Development
- Employee Training
- New Product Execution
Timeline
Executive Director, Head, HNW Lending Product Support
UBS Bank USA
03.2022 - Current
Executive Director, Product Manager of Securities Backed Lending
UBS Bank USA
03.2008 - 03.2022
Director, Sales Desk Manager of Banking Group
UBS Financial Services
01.2006 - 01.2008
Associate Manager, Lending Group
UBS Financial Services
01.2003 - 01.2006
Fixed Rate Loan Analyst
UBS Financial Services
01.2002 - 01.2003
Mutual Funds Associate
UBS PaineWebber
01.2001 - 01.2002
Online Services Associate
UBS PaineWebber
01.2000 - 01.2001
Bachelor of Arts - Communications, Public Relations Concentration, Minor in Business Marketing
Marist College
Similar Profiles
Rebekah ThompsonRebekah Thompson
Loan Coordinator at UBS Bank USALoan Coordinator at UBS Bank USA
ADE ADEKAUNSIADE ADEKAUNSI
Data Management Analyst at UBS, UBS Investment BankData Management Analyst at UBS, UBS Investment Bank
Raja Sekhar Reddy KalathurRaja Sekhar Reddy Kalathur
Lead Azure Cloud/ Data Engineer and Production Support Manager at UBS -Wealth Management Advisory, USA. HCL America Inc.Lead Azure Cloud/ Data Engineer and Production Support Manager at UBS -Wealth Management Advisory, USA. HCL America Inc.
Larry LuuLarry Luu
Joinery Workshop & 2-Pack Painting Assistant at KC2PACKJoinery Workshop & 2-Pack Painting Assistant at KC2PACK
Gina StuartGina Stuart
ESL Teacher's Assistant at Connecticut Institute for Refugees and ImmigrantsESL Teacher's Assistant at Connecticut Institute for Refugees and Immigrants