Job Description

Business Divisions

Group Functions

Your role

Are you an expert in analytics? Are you an innovative thinker who likes to challenge the status quo? Are you interested in risk models? Are you wondering where the limitations of a model are? We are looking for someone to:

• assess the model's conceptual soundness and methodology
• check appropriateness of assumptions, parameters, model calibrations, qualitative or expert adjustments, etc.
• review outcome, impact, or benchmark analyses and develop a benchmark model (as appropriate)
• assess model risk, including model robustness analysis, identification of limitations, and their assessment
• document the assessment to the required standards
• collaborate with model developers and communicate with key stakeholders across the institution

Function Category

Risk

Join us

At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.

From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we're more than ourselves. Ready to be part of #teamUBS and make an impact?

Your team

You will be working within the Credit risk team of Model Risk Management & Controls (MRMC). The team is responsible for the validation and the regular confirmation of all Credit Portfolio models at UBS. We carry out independent model assessments in line with the internal governance of models policy and regulatory requirements.

Your expertise

• Strong quantitative analytic and modelling skills with Master's or PhD degree in a quantitative field (e.g. econometrics, financial economics, financial mathematics, statistics, engineering, physics, mathematics)
• Previous experience with collateralized portfolios, securities backed lending, SFT is a plus
• Good knowledge of financial products and their associated risk
• proven project management skills, taking end-to-end responsibility regarding quality and deadlines as well as timely escalating of issues
• showing high standards when it comes to report writing in a structured and transparent way
• strong communication skills and the ability to explain technical topics clearly and intuitively
• good computing and programming (coding) skills and experience utilizing programming languages such as R or Python

About us

UBS is the world's largest and only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.

With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?

How we hire

This role requires an assessment on application. Learn more about how we hire: www.ubs.com/global/en/careers/experienced-professionals.html