Your role:
Does modeling excite you? Are you an innovative thinker who likes to challenge the status quo? Are you an engaged and motivated personality who likes to understand the big picture? For our risk model validation team we’re looking for an experienced quantitative risk specialist who can do both quantitative validation works independently, as well as assist the team leads in their managerial duties:
You are a quant who can:
–\tcarry out project-based independent model reviews in line with the UBS model governance policy, notably
–\tassess a model'’s conceptual soundness and methodology
–\tcheck appropriateness of input data, the model assumptions and parameters, the accuracy of the model calibration, as well as of qualitative or expert adjustments, etc.
–\tensure implementation and model use are fit for purpose
–\treview outcome, impact, or benchmark analyses and/or develop a benchmark model
–\tperform model robustness analysis and identify and evaluate model limitations
–\tverify compliance with regulatory expectations
–\tdocument the assessment to required standards
–\tinteract and discuss with stakeholders (model developers, senior model owner, business representatives and model governance bodies)
You are a manager and leader who can assist team leads in the:
–\tplanning of validation tasks
–\ttracking of progress and deliveries of projects
–\tguidance of more junior team members, especially the new recruits in our offshore team (India)
–\tbuildup of the team (recruitment)
–\ttracking of regulatory developments and interaction with regulators
Senior Quantitative Risk Specialist
City:
London, Zürich
Job Type:
Full Time
Country / State:
Switzerland - Zürich, United Kingdom
Function Category:
Risk
Contact Details:
UBS HR Recruiting Switzerland
Disclaimer / Policy Statements:
UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.
Your team:
You’ll be working in the Model Risk Management & Control team in Zürich. Our team is responsible for the independent review and challenge of risk models used within UBS. The model universe of your future team covers market and firm-wide risk models including regulatory capital, economic capital, stress testing and internal risk management applications.
Your expertise:
You have:
–\tan education that combines mathematics and in particular statistics with economics (at a minimum a master degree from a renowned university)
–\t7 - 10 years of experience as a quant with at least 3-5 years of experience in model validation
–\ta very good understanding of financial markets and the banking business, the regulatory landscape, financial accounting, as well as balance sheet dynamics
–\texpert knowledge of the methodology of stress models used for regulatory requirements (e.g. CCAR, LPA), and in more than one area from credit, market, business and operational risk.
–\tvery good communication skills and the ability to explain technical topics clearly and intuitively, both written and orally
–\thad previous exposure to regulatory bodies (particularly to FED and Finma)
–\texperience in project management or/and planning activities
–\tworked in great multinational companies with exposure to an international environment and previous interaction with stakeholders from different world regions
–\t
You are:
–\tproficient in data bases and (statistical) modeling software
–\tco-operative and team-orientated, while being able to motivate and organize yourself and complete tasks independently to high quality standards and in time
–\tfluent in English, oral and written
*LI-UBS
About us:
Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions. That's what we do. And we do it for private and institutional clients as well as corporations around the world.
We are about 60,000 employees in all major financial centers, in almost 900 offices and more than 50 countries. Do you want to be one of us?
Your colleagues:
Join us:
We're a truly global, collaborative and friendly group of people., Having a diverse, inclusive and respectful workplace is important to us. And we support your career development, internal mobility and work-life balance. If this sounds interesting, apply now.
Job Reference #: 187094BR
Business Divisions: Corporate Center
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