UBS Financial Services Market Risk Model Validation Specialist (Non PPNR) in Stamford, Connecticut
Market Risk Model Validation Specialist (Non PPNR)
United States - Connecticut, United States - New Jersey
Job Reference #:
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.
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.
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
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?
We're a truly global, collaborative and friendly group of people. Having a diverse, inclusive and respectful workplace is important to us. And we support your career development, internal mobility and work-life balance. If this sounds interesting, 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.