UBS Financial Services Market Risk Model Validation Specialist (Non PPNR) in Stamford, Connecticut

Your role:

Do you enjoy validating financial models? Do you have a knack for challenging current state processes and identifying risks? We are looking for someone like you to:

• Liaise with Group Validators to ensure that the validation at Group is aligned with the requirements in the US.

• Act as the first point of contact in the US for these models to bridge the time gap between US and the other locations (i.e. London, Zurich and offshore locations.)

• Interface with US regulators, audit and Model Sponsors and therefore must be fully familiar with all the models in use and the corresponding regulations in CUSO

• Coordinate with Group counterparts and ensure that Group validators are fully engaged.

What we offer:

Together. That’s how we do things. We offer people around the world a supportive, challenging and diverse working environment. We value your passion and commitment, and reward your performance.

Keen to achieve the work-life agility that you desire? We're open to discussing how this could work for you (and us).

Take the next step:

Are you truly collaborative? Succeeding at UBS means respecting, understanding and trusting colleagues and clients. Challenging others and being challenged in return. Being passionate about what you do. Driving yourself forward, always wanting to do things the right way. Does that sound like you? Then you have the right stuff to join us. 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.

Your team:

You will join the Model Risk Management & Control Team at UBS. We are a medium sized team based in both Stamford, CT and Weehawken, NJ. Our group is responsible for risk model management and validation across all business lines at UBS.

Your expertise:

  • PhD/Masters in a Quantitative Discipline like Math, Statistics, Engineering, Quantitative Finance with a strong theoretical grounding in advanced probability, statistics, time series analysis and related concepts.

  • Achieved the Director or VP title equivalent at a reputable financial institution developing or validating models

  • 3+ years of hands on experience in developing or validating Models in Market Risk

  • Strong quantitative developing and modelling skills in at least two of the following languages: R, SAS, Matlab and Python

  • Strong communication and presentation skills coupled with the ability to document validation reports effectively

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?

Your colleagues:

Job Reference #: 175890BR

Business Divisions: Corporate Center

Title: Market Risk Model Validation Specialist (Non PPNR)

City: Stamford, Weehawken

Job Type: Full Time

Country / State: United States - Connecticut, United States - New Jersey

Function Category: Risk