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Job Description

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Your role Are you an innovative thinker? Are you focused on the details, even when under pressure? Do you enjoy delivering enhanced change capabilities across a range of business functions? We're looking for a Director, Senior Model Validator Quantitative Analyst to: * Validate advanced risk models within Market Risk using programing language such as Python and R-studio. * Assess the conceptual soundness and methodology of different models and perform related outcome, impact, benchmark, and robustness analyses. * Responsible for checking appropriateness of input data, model assumptions, parameters, and calibration accuracy as well as of qualitative or expert adjustments. * Run analyses on implementations in order to assess models correctness and stability. * Responsible for carrying out and documenting independent model validation in line with regulatory requirements and internal standards. * Responsible for identifying model limitations and evaluating overall model risk. * Challenge the current models by developing benchmark and challenger risk models. * Support US regulatory exercises such as CCAR. * Interact and collaborate with stakeholders such as model developers, users, and model governance representatives in order to safeguard the quality of model risk management framework. * Can work remotely. Qualified Applicants apply through SH-ProfRecruitingcc@ubs.com. Please reference 000753. NO CALLS PLEASE. EOE/M/F/D/V. #LI-DNI Join us At 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? Your expertise * Education & Experience Requirement * Master's degree or foreign equivalent in Quantitative Finance, Business Administration, or a related field of study plus four (4) years of experience in the job offered, or as a Model Validator Quantitative Analyst, Senior Project Consultant, or related occupation. * Position requires experience with the following: * Model validation * Coding (R) * Stress testing for CCAR * Risk modeling * Model Risk Management * Assessing the conceptual soundness of models * Regulatory requirements for financial risk management * Quantitative and Statistical analysis * LI-DNI About us UBS 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.

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