Overview


Job title: Product Manager, Risk Management & Overarching Models

Company: UBS

Job description: Business DivisionsGroup FunctionsYour roleAre you experienced in in counterparty risk management? Are you an innovative thinker who likes to challenge the status quo?We’re looking for someone like that to:– document credit risk exposure models used for risk management, setting capital requirements, stress testing and expected loss calculations– analyze and document model performance and confirmation tests– develop and maintain the models, along with run tests and sensitivity analysis– make sure regulatory requirements and requests are dealt with in a disciplined, timely and efficient manner– check that material issues are escalated to the relevant control functions and that reputation concerns are escalated to senior managementFunction CategoryRiskJoin usAt 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?Contact DetailsUBS Business Solutions SA
UBS RecruitingYour teamYou’ll be working in the Risk Management & Overarching Models team within the Risk Methodology department in India.We develop and maintain the credit exposure measurement capabilities of the Investment Banking division within the UBS Group. The quantitative methods we use are closely related to sophisticated derivative pricing models.You will have the opportunity to coordinate and become the main global contact for the improvement of methodologies, processes and parameterization of our credit exposure measures for the banking and trading book (covering credit facilities, derivatives and securities financing transactions). As a client of the Front Office exposure calculation engines, you will also be responsible for ensuring the Risk Control requirements for capturing risk are delivered correctly. Last but not least, as owners of the Risk Exposure models, we also need to ensure the calculations meet the required regulatory standards.Your expertiseYou have:– a university degree (Msc or PhD) in finance, business, mathematics, science or in a numerical discipline– prior working experience (3+ years) in the financial services industry, including exposure to derivative pricing models (preferably across a range of asset classes)– strong analytical skills and the ability to apply techniques from numerical analysis, statistics and financial mathematics to solve practical problems– working experience with high-level programming language (Phyton, C#, C++), and knowledge of statistical modeling software (e.g. Rstudio, SQL) is required– excellent communication skills with colleagues at all levels in the organizationYou are:– pro-active in taking new initiatives and carrying them through completions a great communicator (and you know how to handle challenging situations)– team-orientated, while able to complete tasks independently– skilled giving and receiving constructive feedback able to explain technical topics clearly and intuitively to a non-technical audience– fluent in English, both in oral and written formAbout usUBS is the world’s largest and the 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..We have a presence in all major financial centers in more than 50 countries.

Location: Mumbai, Maharashtra

Job date: Fri, 17 May 2024 01:53:33 GMT