Overview


Job title: Risk Model Validation Quantitative Analyst

Company: UBS

Job description: Business DivisionsGroup FunctionsYour role

  • Relevant past experience in model validation, or financial modelling. Focus on Pricing Models, VaR or RNiV preferred.
  • Good knowledge of statistics, derivatives pricing or fixed income models.
  • Ideally educated to PhD or Master Level in a quantitative topic.
  • Experience with a relevant programming language: R or Python.
  • Team player with good interpersonal skills, especially in terms of communication, documentation, and stakeholder management.

Function 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 team

Collections-Collections Officer-SLI - Hajipur
  • Model validation of Trading Book models this includes validation of Pricing models, Risk Capital models (e.g. VaR and RNIV), Risk-Based PnL and review of vendor models.
  • Perform testing and produce documentation following the model validation guidelines of SR11-7.
  • Timely delivery of model reviews with effective challenge to Front-Office and Risk Methodology team and escalation of identified issues.
  • Independent model development, building up our modeling framework and Model Validation library.
  • Review of New Products: conducting analysis for Pre-Trade Approvals.
  • Liaising and collaborating with stakeholders across Front-Office quants and Trading, Market Risk and Product Control.
  • Conducting research for establishing methodologies that estimate model risks.

Your expertise

  • As part of the Trading Model Validation team within Model Risk Management the candidate will gain exposure to Risk Capital modelling.
  • The current heightened regulatory and governance framework guarantees a significant level of responsibility and visibility to the business and senior management.
  • The range of projects covered offers the chance for team members to gain in-depth knowledge of products, models and the risk management for different asset classes.

About 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: Pune, Maharashtra

Job date: Sat, 06 Jul 2024 04:20:56 GMT