Reza Etebari, Cfa, Frm
About Reza Etebari, Cfa, Frm
Reza Etebari is an Executive Director at UBS, specializing in quantitative modeling for commercial real estate. He has extensive experience in risk modeling and analytics, having held various leadership roles in financial institutions since 2011.
Work at UBS
Reza Etebari currently serves as an Executive Director at UBS, a position he has held since 2023. In this role, he leads the development of Probability of Default (PD) and Loss Given Default (LGD) rating models specifically for the Commercial Real Estate (CRE) portfolio. He is also responsible for overseeing the CRE Stress test model for the Comprehensive Capital Analysis and Review (CCAR), ensuring compliance and robustness. Prior to his current role, he worked at UBS as Director of the Risk Modelling and Analytics Team from 2019 to 2023.
Education and Expertise
Reza Etebari has a strong educational background in engineering and finance. He studied Electrical Engineering at Sharif University of Technology, where he earned a Bachelor of Science degree. He continued his education at Tarbiat Modarres University, obtaining a Master of Science in Electrical Engineering. Additionally, he completed a Master of Science in Finance at Gies College of Business, University of Illinois Urbana-Champaign. He is also ABD (All But Dissertation) for a PhD in Economics from the same university.
Background
Reza Etebari has extensive experience in quantitative modeling and risk management across various financial institutions. He began his career as a Graduate Intern at State Farm Insurance from 2007 to 2009. He then worked at Bank of the West as a Basel II Risk Modeling Intern in 2011. Over the years, he held several key positions, including Vice President at Umpqua Bank and MUFG Americas, focusing on quantitative modeling and risk management.
Achievements
Throughout his career, Reza Etebari has contributed significantly to the development and implementation of various risk models. He has managed the design and development of Current Expected Credit Loss (CECL) models under stress scenarios. His role involves coordinating with multiple departments, including IT and risk, to ensure seamless model integration and operation. He also engages with internal and external audits and regulators to ensure model compliance and effectiveness.