Data Scientist - Anti Money Laundering
Switzerland - Zürich
Compliance, Quantitative Analysis, Risk
Corporate Center
Job Reference #:
189927BR
City:
Zürich
Job Type:
Full Time
Your role:
Your role duties will include development of the UBS AML data analytics program with particular focus on Client Risk Rating and Transaction Monitoring models, and it includes the following tasks:
Bring modeling and data analytics expertise to develop, implement, and execute the Client Risk Rating
Develop and enhance Client Risk Rating methodology and ensure its alignment with UBS Model Governance policies and model life cycle.
Develop and conduct verification of Model Performance and Monitoring Confirmation Concept
Conduct model stress tests, calibration and impact analysis
Implement the ongoing model performance assessment standards for AML transaction monitoring tools
Support the model validation submission when conducted MRMC.
Support Model Owner in keeping the model documentation up-to-date and also assist with remediation plans when issues identified during model validation.
When necessary , conduct detailed anbalysis /testing of all model components (conceptual , theoretical review, qualifying and quantifying all risk dimensions).
Ensure all model artifacts are up to date in model management repository (CPAS). Alert Model Owner and FCP head of validation to plausible model weaknesses.
Your team:
You will be working in the Risk Assessments and Analytics and FCP Model Governance teams within global Financial Crime Prevention function. We work as a gatekeeper in preventing money laundering (AML), terrorism financing, sanctions and corruption risks for the bank. Our role is to perform group level risk assessments, develop firm-wide analytics program, carry out data mining exercises, contribute as modeling experts and evaluate money laundering country risks.
Your expertise:
– a university degree (BS, MS or PhD) in quantitative discipline: Mathematics, computer science, physics, engineering or economics/econometrics.
– Prior experience in AML domain is a plus
– good data analytics skills (e.g. SQL, MS Access, excel etc.)
– Experience with advance SQL data analytics functions is a plus
– good programming skills (e.g. Visual Basic, Java, C, C++, python, R etc.)
– experience with model development and calibration
– experience with Machine Learning
– good record keeping, report drafting and judgment skills (experience with Latex, R-Rmarkdown, R suave)
– Ability to establish, contribute to or enhance existing framework is a plus
– fluent English skills (oral & written); Knowledge of other languages and cultures is an advantage
– think out-of-the-box and be creative
– able to explain technical concepts in simple terms to facilitate collaboration
– analyze a problem, take a view and propose solutions
– team player with ability to make things happen and stick with an individual task
– known for having a strong attention to detail and strong research capability
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?
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.
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.