Your role:
Are you an expert in data analytics? Do you enjoy understanding models and their background? Are you organized with an eye for detail? We're looking for someone like that to:
– review and challenge models used in operational risk management
– assess the conceptual soundness and appropriateness of different models and perform related outcome, impact and benchmark analyses
– run analyses on implementations to assess their correctness and stability
– carry out and document independent model validation in line with regulatory requirements and internal standards
– interact and discuss with model users, developers, senior owners and governance bodies
– support regulatory exercises
Quant for Operational Risk and Monitoring Model Validation
City:
Zürich
Job Type:
Full Time
Country / State:
Switzerland - Zürich
Function Category:
Risk
Join us:
Are you truly collaborative? Succeeding at UBS means respecting, understanding and trusting colleagues and clients. Challenging others and being challenged in return. Being passionate about what you do. Driving yourself forward, always wanting to do things the right way. Does that sound like you? Then you have the right stuff to join us. Apply now.
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 will be working in Model Risk Management & Control function within the Group Chief Risk Officer organization. Our role is to understand and assess the risks associated with the use of models throughout the bank. We focus on models which determine operational risk capital as well as models used to monitor operational risks such as money laundering, rogue trading or market manipulations. The complexity ranges from simple rules based approaches to sophisticated statistical and machine learning based methods.
Your expertise:
The role requires a mix of expertise in statistics, information technology and specialist knowledge in operational risks and monitoring of compliance. Ideally, you have skills and experience in these areas but an eagerness to further develop your existing expertise is more important.
You have:
– a MSc or PhD degree in a quantitative field (e.g. mathematics, physics, statistics, engineering, economics or computer science).
– experience in model development or validation of statistical/mathematical models.
– familiarity with the global financial industry and its compliance and operational risks.
– expertise in data assembling and analysis, computational statistics, anomaly detection or machine learning including relevant programming skills, for example in R, Python, Java, C++, or SQL
– strong writing skills and a structured working style
You are:
– able to explain technical concepts in simple terms to facilitate collaboration
– willing to create your own brand in the group and companywide
– skilled at constructive criticism (you have the human touch)
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 more than 50 countries. Do you want to be one of us?
Your colleagues:
Job Reference #: 186326BR
Business Divisions: Corporate Center
Title: