Job title: Risk Modelling & Analytics Specialist – Scenario Model Validation

Company: UBS

Job description: Business DivisionsGroup FunctionsYour roleWe are looking for a Senior Model Validator to:

  • assess the conceptual soundness and methodology of models
  • 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 bank

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 teamYou’ll be working in the scenario expansion models validation team in Mumbai and play an important role in validating all scenario expansion models used by UBS. We carry out independent model assessments in line with the internal governance of models policy and regulatory requirements.Your expertiseYou have:

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  • strong quantitative analytic and modelling skills
  • solid knowledge of econometric models used for forecasting macroeconomics and financial variables (ARIMA, VAR, ECM, PCA, etc.)
  • master’s or PhD degree in a quantitative field (e.g. econometrics, financial economics, financial maths, statistics, engineering, physics, mathematics) and preferably a few years of experience in risk modelling, model validation or related fields
  • proven project management skills, taking end-to-end responsibility regarding quality and deadlines as well as timely escalating of issues
  • strong communication and writing skills and the ability to explain technical topics clearly and intuitively, both written and orally
  • good computing and programming (coding) skills and experience utilizing programming languages such as R or Python

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: Mumbai, Maharashtra

Job date: Sat, 04 May 2024 07:16:49 GMT