UBS is nabbing a prominent technology executive from crosstown rival Credit Suisse. It is the second such hire in short order.
The Swiss bank is poaching David Tobin from Credit Suisse as its head of risk technology, a source familiar with the hire said. A spokesman for UBS confirmed the hire.
Tobin relocates to Zurich for the job, effective October 19 and reports to Julie Shapiro, the Swiss bank’s head of risk and financial technology. He is currently the head of Credit Suisse’s investment bank credit risk as well as technology chief in Poland.
The hire marks is the second high-ranking technologist UBS has poached from Credit Suisse in recent months: the larger bank also poached Jason Shane, a ten-year Credit Suisse veteran, as its new head of compliance, regulatory, and governance technology earlier this year.